The Integrated Gas Company finaliSed 19 agreements, including 14 gas sales valued at over RO3.4 billion ($8.8 billion). This move is expected to generate over RO2 billion in investments and includes strategic agreements with Occidental Oman and Energy Development Company.
Swiss-Belhotel International, has announced the signing of Swiss-Belhotel Nizwa, Oman. Scheduled to open its doors in Q2 2026. The management agreement was officially signed recently between Swiss-Belhotel International and Bawareq Nizwa International For Investment.
Strabag has announced that it has secured a €102 million ($118 million) transport infrastructure project in Muscat, Oman. The scope of work involves widening of a major street, building of a flyover and underpasses as well as redesigning roundabouts into intersections.
OQ Alternative Energy, a subsidiary of OQ Group, marked the arrival of the first batch of wind turbines for the Wind 1 and Wind 2 projects at Duqm Port in the Special Economic Zone at Duqm (SEZAD). These projects constitute the largest wind farms under construction in Oman.
Oasis Trading, the authorised Cat dealer in Oman, has launched its new Cat 345 Hydraulic Excavator that boasts key features such as supreme hydraulic power for precise digging, agility and speed for moving massive volumes of material and GenNext fuel efficiency.
SalamAir, Oman’s Low-Cost Carrier, has signed a long-term Flight Hour Services (FHS) agreement with Airbus to enhance its operational reliability, maintenance efficiency, and fleet performance.
Passenger traffic through Oman's airports witnessed a 0.7 per cent increase up to the end of September 2025, reaching a total of 11,176,189 passengers, compared to 11,097,577 passengers during the same period in 2024.
Oman’s 3-5-star hotels saw a 9 per cent rise in guests by September 2025, totalling 1,687,112, up from 1,547,523 in 2024. Hotel revenues also increased by 18.2 per cent to about RO 193.360 million ($503 million) during the same period.
Oman’s Ministry of Energy and Minerals signed an additional addendum to the Exploration and Production Sharing Agreement (EPSA) for Oil Concession Block (5), located in the A'Dhahirah Governorate and operated by Daleel Petroleum.
OQ Exploration and Production (OQEP) announced financial results for the nine months ending September 30, 2025, reporting revenues of OMR 633.8 million (about $1.64 billion) and an EBITDA of OMR 471.2 million (approximately $1.23 billion).
