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.
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.
