Sohar International Bank has announced the successful completion of its OMR149.3 million ($388.3 million) rights issue.
Oman's Public Establishment for Industrial Estates (Madayn) has announced that its Sur Industrial City has secured RO56 million ($145.2 million) in investments during the first half through six agreements spanning over 60,000 sqm for projects in oil and gas, telecom, and food industries.
Oman’s Dhofar Khareef season attracted 472,449 visitors between June 21 and July 31, 2026, marking a 6.9% increase from 442,100 visitors during the same period last year, according to preliminary data from the National Centre for Statistics and Information (NCSI).
The Middle East conflict is widening into an increasingly complex security, shipping and environmental crisis, with an oil slick from a grounded tanker reaching Oman's coastline just as Iran signals that it may be prepared to sustain its confrontation with the United States for years.
Oman-based United Solar welcomed the new US measures to strengthen its domestic polysilicon industry and improve the resilience of its semiconductor supply chain such as a $21-per-kg import price and price floors for polysilicon ingots and wafers, solar cells and solar modules.
Oman's Public Establishment for Industrial Estates (Madayn) said it aims to develop four industrial cities in key governorates across the sultanate spanning a total area of 25.5 million sq m. This comes as part of its grand 11th Five-Year Development Plan for 2026-2030 period.
A consortium led by French utility giant EDF power solutions with members Al Khadra Partners and OQ Alternative Energy (OQAE), has achieved a major milestone with the financial close for the 120MW Jaalan Bani Bu Ali (JBB) Wind Independent Power Project in the Sultanate of Oman.
A consortium comprising EDF power solutions, Al Khadra Partners and OQ Alternative Energy (OQAE) has reached financial close for the 120-megawatt (MW) Jaalan Bani Bu Ali (JBB) Wind Independent Power Project in Oman.
Energy Oman has unveiled a new corporate identity, marking a strategic milestone in its growth and evolution as a key player in Oman’s energy sector. The new identity reflects the company’s response to global energy shifts and its expanding role within the national economic ecosystem.
Oman's Public Establishment for Industrial Estates (Madayn) has announced that its Ibri Industrial City has secured RO25 million ($65 million) in investments during the first half through 17 agreements spanning over 250,000 sq m for projects in oil and gas, manufacturing and light industry.
