Leading developer Orascom Development and its Oman platform, Muriya, are moving forward with their three major projects in the Sultanate, achieving considerable progress.
Visitor numbers during Oman’s Khareef Dhofar monsoon season rose 6.6% year-on-year to 881,424 between June 21 and August 15, 2026, according to preliminary estimates released by the National Centre for Statistics and Information (NCSI).
Oman and Thailand have signed an MoU to strengthen energy cooperation, investment and knowledge exchange. The agreement will promote joint projects, technology sharing, training and research, while establishing an energy policy dialogue to support long-term partnerships between the two countries.
Trial operations on the first railway linking Oman and the UAE are expected to begin in the fourth quarter of 2027, marking a major milestone in the development of a cross-border rail corridor designed to strengthen passenger travel, trade and logistics between the two countries.
National Finance, Oman’s leading finance and leasing company, has entered into a cooperation agreement with renowned Omani footwear brand Lozari.
Oman’s Public Establishment for Industrial Estates (Madayn) has announced four investment opportunities at Sur Industrial City as part of its ongoing efforts to build an integrated and attractive environment and drive further investments across industrial, service and logistics sectors, in line with Vision 2040 objectives.
Regional diplomatic efforts to ease the crisis around the Strait of Hormuz appeared to stall on Monday after a meeting between Iran and other Gulf countries was postponed, as fresh attacks on shipping and Saudi Arabia's closure of a key oil pipeline heightened concerns over global energy supplies.
OQT, Oman’s global commodity trading company, has appointed Emmanuël Brasseur as Head of LNG at its Dubai office, strengthening its leadership as it expands its presence across global liquefied natural gas (LNG) markets.
SalamAir recorded strong growth during Oman’s 2026 Khareef season, carrying more than 180,000 passengers to and from Salalah between June and August, a 20% increase compared with the same period last year.
Oman has signed up Arab Contractors to build a fishing port in the Al Wusta Governorate, as part of efforts to develop the fisheries sector infrastructure. The scope of work includes two breakwaters as well as 1.2 million sq m land reclamation and building of 4.5 km roads and other key facilities.
