Oman’s hotel revenues rose 8.4% year-on-year to RO85.4 million ($222 million) in Q1 2026, driven by a 13% increase in room revenues and a 15.5% rise in average room rates, according to Cavendish Maxwell.
Singapore-based Meranti Green Steel said it has awarded a major FEED contract to a consortium of German group SMS and global direct reduction (DR) technology leader Midrex for its green iron facility at Duqm, Oman, with a planned capacity of 2.5 million tonnes per annum.
Oman’s oil exports rose 2.7 per cent by the end of May 2026, reaching 129.5 million barrels compared with 126.1 million barrels during the same period in 2025, according to preliminary data from the National Centre for Statistics and Information.
Oman’s refinery products output declined by 6.8 per cent in the first five months of 2026, reaching 89.916 million barrels compared with 96.522 million barrels during the same period in 2025, according to preliminary data from the National Centre for Statistics and Information (NCSI).
The fourth edition of the Al Ashkhara Tourism Forum will run from July 22 to August 15, 2026 in Al Ashkhara, South A'Sharqiyah Governorate, highlighting Omani heritage while promoting tourism, innovation and economic development.
Oman Air and SalamAir have dramatically expanded services to Salalah for the Khareef Dhofar 2026 season, increasing daily seat capacity by nearly 400% during peak travel periods.
The value of real estate transactions in Oman rose 5.5% in the first five months of 2026 from a year earlier, driven by higher mortgage activity and a modest increase in property sales, said a report. The total value of real estate traded in the sultanate soared to hit RO1.18 billion ($3.05 billion) by the end of May.
SalamAir has added its 18th aircraft, an Airbus A320neo named "Salalah," to its fleet, marking a key milestone in the Omani low-cost carrier's expansion strategy.
The Sustainable City – Yiti, an integrated urban mixed-use project being set up in Muscat, has achieved a major construction milestone by clocking over 25 million safe working hours without a Lost Time Injury (LTI), as construction continues to progress across Oman’s flagship sustainable development.
Oman's Nama Power and Water Procurement Company (PWP) said it has invited qualified consultancy firms to bid for a contract to provide technical advisory services for the development and procurement of four utility-scale solar independent power producer (IPP) projects.
