British developer LEO Development has teamed up with Rove, a JV between master developer Emaar Properties and Dubai Holding, to launch its debut lifestyle hospitality project in Oman. The Rove Home Muscat Expressway will feature one- and two-bedroom apartments along with a range of lifestyle amenities.
OQ Group welcomed 130 graduates into its 2026 Graduate Development Programme, underlining its public–private partnership with Oman’s Ministry of Labour. The initiative aims to create 600 jobs, supporting sustainable employment, national capacity building, and OQ’s future growth needs.
Mawarid Turbine Company and the National University of Science and Technology signed an agreement to train 321 Omani graduates—the first national cohort in specialised wind turbine manufacturing—preparing them for employment at Mawarid’s new factory in Duqm’s Special Economic Zone.
Around 2 million visitors attended Muscat Nights 2026 events, which began in January 2026, while the festival’s programmes and activities created employment opportunities for 500 Omani job seekers. The integrated vision of the winter festival was realised by hosting 168 events in 24 locations.
The total production of refineries in Oman recorded a 12.5 per cent increase by the end of December 2025, reaching 84,739,200 barrels compared to the end of December 2024, according to preliminary statistics issued by the National Centre for Statistics and Information (NCSI).
Oman's Ministry of Finance and the Saudi Fund for Development (SFD) have signed a memorandum of understanding (MoU) to finance the construction of the Thumrait Industrial City project.
Oman Ministry of Heritage and Tourism reported that 137,330 tourists visited Oman aboard cruise ships and yachts in 2025, reaffirming its commitment to further develop the sector in partnership with relevant authorities.
SSH, one of the leading masterplanning, infrastructure and project management firms in the Middle East, has been awarded the lead design and construction supervision consultancy contract for the third phase of the Madinat Al Irfan Business Park project in Muscat, Sultanate of Oman.
The UAE topped the list of Oman’s trading partners last year in non-oil exports - including chemicals, metals and machinery - as well as re-export activities, and merchandise imports, said a report. Other prominent trading partners included Saudi Arabia, India, China, Iran and UK.
Oman has approved a range of tenders worth a total RO33 million ($86 million) aimed at advancing developmental projects across multiple sectors in the sultanate. These include construction of two flood protection dams in Wadi Al Ansab and Salalah road tunnel project, said a report.
