France's EDF Power Solutions and Oman have strengthened strategic energy cooperation through three key renewable energy and energy storage agreements.
Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha in May via the Omani port of Sohar, a Reuters report said quoting traders.
Oman welcomed 77,000 French tourists in 2025, a 25% increase year-on-year, with growth continuing into 2026 as first-quarter arrivals rose 10% to more than 24,600, driven by tourism promotion, improved connectivity and the country's cultural appeal.
Oman has awarded Block 80 to OQEP and Turkish Petroleum, covering 5,737 sq km in Musandam. The $90 million exploration programme includes seismic surveys and drilling wells to enhance hydrocarbon development under Oman Vision 2040.
Leading Omani group National Finance has announced the expansion of its consumer durables financing portfolio, offering loans with repayment periods of up to eight years to help customers finance household purchases, including furniture, electronics and home appliances.
Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion).
Integrated Gas Company (IGC) has signed a new series of agreements under Oman's Spot Gas Market, expanding a market-based mechanism introduced last year to improve the allocation of the sultanate's natural gas supplies.
Foster + Partners has unveiled the detailed masterplan designs for the Al Najd Agricultural City at Dhofar, in collaboration with Omani consultancy Dar Al Handasah. Spanning 54 million sq ft, the City features shaded pedestrian routes as well as retail and leisure spaces for a projected population of 13,000 residents.
The International Maritime Organisation (IMO) has announced a plan to evacuate 11,000 seafarers stranded in the Strait of Hormuz. The operation would be conducted in co-ordination with Iran, Oman and US and all other stakeholders from the maritime industry.
SalamAir has inaugurated its new direct route between Muscat and Vienna, marking the launch of the first-ever non-stop air connection between Oman and Austria.
