Oman International Development and Investment Company (Ominvest) recently hosted the ESG Connect event in collaboration with Sustainable Square, to drive forward collective progress on Environmental, Social, and Governance (ESG) integration.
Oman is set to open 9,600 new hotel rooms between now and 2030, with 2,600 scheduled for completion by the end of 2025, says real estate advisory group and property consultant, Cavendish Maxwell. The upcoming keys will boost Oman’s existing inventory of 36,000 rooms by more than 25%, the company said.
Oman Across Ages Museum signs a cooperation agreement with BP Oman to fund and implement a project for installing a grid-connected solar system with a capacity of 800 kW and an annual output of approximately 1,300 megawatt-hours (MWh) at the Museum's facilities.
SalamAir, Oman’s low-cost carrier, reported its On-Time Performance (OTP) for Q3 2025, achieving 82.32% punctuality across 6,264 flights and 915,223 passengers.
Oman’s Ministry of Heritage and Tourism has announced the signing of 36 usufruct contracts to implement tourism projects in different governorates from January to September 2025, to the tune of RO100 million ($260 million).
Oman-based Integrated Gas Company (IGC) is set to ink a series of gas purchase agreements with leading industrial companies at a key event in the sultanate. The deal will allocate over 27 million cu m of gas per day for an average of 10 years per agreement.
Acting in cooperation with OQ Exploration and Production Company (OQEP), Oman’s Environment Authority carried out a national oil pollution control exercise in the Governorate of Musandam.
The Environment Authority (EA) is implementing innovative financial policies to meet Oman’s 2050 carbon neutrality goals. This includes securing funding from the Green Climate Fund and enhancing project proposals, partnerships, and international cooperation for effective climate action.
Oman Cables Industry has launched the Global Sustainability Academy, the first of its kind in Oman. It aims to facilitate knowledge exchange and develop practical sustainability solutions to enhance the energy sector's transformation and support economic diversification efforts.
Oman Electricity Transmission Company (OETC), the sole owner and operator of Oman's electricity transmission network and a key subsidiary of Nama Group, has announced the pricing and issuance of its inaugural RO 288.5 million ($750 million) 5-year Green Sukuk under its Green Financing Framework.
