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.
OQ Exploration and Production New Ventures, a subsidiary of OQ, and Petronas Carigali International Ventures have signed a memorandum of understanding to formalise a strategic cooperation agreement, aiming to collaborate on ventures in the oil and gas exploration and production sector.
Hilton has announced the signing of an agreement with The Zubair Corporation to open three hotels in Muscat under the Waldorf Astoria, Hilton Hotels & Resorts, and DoubleTree by Hilton brands – doubling its footprint in Oman.
Oman's Public Establishment for Industrial Estates (Madayn) has launched the tender for Phase I of Al Suwaiq Industrial City in Al Batinah North Governorate. It involves development of a 5-million-sq-m area with quality internal roads, utilities and sewage networks.
