OQ Alternative Energy (OQAE)- a subsidiary of OQ - has confirmed the arrival of the first batch of wind turbines for the Riyah 1 and Riyah 2 wind farms .Developed in partnership with TotalEnergies, the two projects will feature a combined total of 36 turbines with a total generation capacity of 200 MW of clean electricity produced from wind power.
Oman, represented by the Ministry of Heritage and Tourism, welcomed the regional expansion agreement of Cruise Arabia Alliance with the joining of "Cruise Saudi" and "Qatar Tourism".
Nama Power and Water Procurement company signed an agreement with a consortium of companies, including Sembcorp and OQ Alternative Energy to develop Dhofar Wind Power Farm project (Phase II) in Oman.
Saudi Arabia and Bahrain are now driving the GCC’s outbound travel growth, with Qatar and Oman also experiencing remarkable rises as regional aviation capacity and tourism investments accelerate, according to new traveller insights released by Dragonpass.
Al Buraimi Industrial City, which falls under the umbrella of the Public Establishment for Industrial Estates (Madayn), has signed an investment agreement with Sohar Iron and Billets Company to establish a project for the manufacturing of steel, and extrusions of aluminium, steel and non-ferrous metal.
Oman’s oil exports reached approximately 230.1804 million barrels by the end of September 2025, recording a slight decrease of 0.2 per cent compared to the same period in 2024, which totalled 230.5755 million barrels.
Oman's production of natural gas, including domestic production and imports, witnessed a slight growth of 0.9 per cent, reaching 42.6173 billion cubic meters (bcm) by the end of September 2025.
Hydrom, Oman’s government entity for hydrogen development, has signed an agreement with the private sector. This agreement will facilitate the management of wind measurement stations to support renewable energy resource measurement, essential for planning green hydrogen projects in Oman.
Oman’s Environment Authority has signed an agreement to develop Al Saleel Natural Park Reserve in the Wilayat of Al Kamil Wal Wafi, South A’Sharqiyah Governorate, at a total cost of RO 2.6 million ($6.7 million). The project is expected to boost the tourism sector in the governorate and create job opportunities related to tourism.
In a boost to Oman’s sustainable development and infrastructure ambitions, the Global Precast Industries Factory was inaugurated on October 5 in Halban Nakhal. The world-class facility represents a partnership between Arab Contractors and Al Abrar Real Estate of Al Siyabi Group.
