Muscat: Total new endowment assets in 2023 stood at more than RO 14 million, according to the Ministry of Endowments and Religious Affairs.
This was unveiled during the ministry’s annual meeting during which activities and accomplishments of the waqf (endowment sector) for the year 1444 – 1445 AH were outlined.
A presentation to this effect showed that community support for the reconstruction of mosques stood at RO 20,750,000. This was in addition to more than RO 25 million donated to provide basic services to 12,000 mosques.
During the annual meeting, endowment investment contracts were signed to carry out four projects: the construction of Square Commercial Complex in Al Khoud in the Wilayat of A’Seeb to the tune of RO 3.14 million, the establishment of a commercial building (RO 759,550), a commercial building for Bahla Mosque (RO 339,561) and a model entertainment project in the Wilayat of Nizwa (RO 335,380).
The event was held under the auspices of Sultan Salim Al Habsi, Minister of Finance. -ONA
more recommended stories
SAF Shooting Championship concludes
Muscat: The 34th Sultan’s Armed Forces.
Crafts Exhibition opens in Rustaq
Rustaq: The Oman Crafts Exhibition was.
Kuwaiti Embassy in Oman celebrates National Day and Liberation Day
Muscat: The Embassy of the State.
Oman’s ambassador to Bosnia and Herzegovina presents credentials
Sarajevo: His Excellency President Zeljko Komšić.
Celebrating the 30th Anniversary of Nizwa Magazine
Muscat: The Ministry of Information will.
28th Muscat Int’l Book Fair Kicks Off with Participation from 34 Countries
Muscat int’l book fair kicks off,.
Preparations for “Sur Maritime Heritage Festival” complete
Committee of the Sur Maritime Heritage.
Oman Hosts 9th meeting of ESCWA Social Protection Systems Reform Team in the Arab Region
Muscat: Represented by the Ministry of.
Oman reviews criminal judicial procedures with GCC states
Muscat: The Sultanate of Oman today.
OQ8 Celebrates 100th Export Vessel, Reinforcing Its Strategic Edge in Global Supply Chains
Duqm: OQ8, a $9 billion joint.