Hyundai Motor Group has signed partnership agreements with Oman’s Ministry of Transport, Communications and Information Technology for smart city development and eco-friendly mobility.
Dubai's Hatta Customs Crossing recorded a 175% increase in the value of trade handled during the first half as shifting regional trade routes boosted overland traffic through the emirate. Trade value through the crossing tripled to AED37.1 billion ($10.1 billion) in the six months to June.
SalamAir, Oman’s low-cost carrier, has opened ticket sales for a new service to Copenhagen via Baghdad, with flights scheduled to begin on November 15, 2026.
Kistos has received confirmation of a Royal Decree from Oman, completing the transfer of legal ownership of onshore Blocks 3 and 4 from Mitsui E&P Middle East to the independent energy company.
Construction work has commenced on a number of factories and investment projects at Al Suwaiq Industrial City, which reflects the growing industrial activity in the city, enhances its appeal as an ideal investment destination in Oman’s North Al Batinah Governorate.
Oman and Yemen have signed two agreements in Salalah to advance an electricity interconnection project linking Dhofar with Yemen’s Al Mahra. The project will supply power to Hawf, Shahn and Al Ghaydah, strengthening energy security and supporting development.
Oman has officially signed its contract with Expo 2030 Riyadh, formally confirming its presence at the gala event being held from October 1, 2030 to March 31, 2031. The deal paves the way for the next phase of the sultanate’s preparations for Expo 2030 Riyadh, supporting the development of its pavilion.
OQ Alternative Energy (OQAE) and Asyad Group have signed an offtake term sheet to explore the use of green hydrogen for mobility applications in Oman, linking the country’s emerging hydrogen capabilities with low-carbon transport solutions.
Oman's Al Mazunah Free Zone has localised four projects during the first half, covering industrial and logistics sectors spanning 2,415 sq m. With this move, its cumulative investment in the free zone has risen to RO141 million ($366 million), with leased space topping 1.4 million sq m out of a total 15.36 million sq m.
Oman Power and Water Procurement Company (PWP) has invited bids for the provision of legal consultancy services for the development and competitive tendering of three new Solar 2030 Independent Power Projects (IPPs) with a combined planned capacity of 3,000 MW.
