Bank Nizwa, a key Islamic bank in Oman, has announced the appointment of Tariq Atiq as its Acting CEO. This leadership transition reflects the bank's forward-looking strategy and underscores its confidence in a seamless succession that upholds institutional stability and ensures continuity.
A programme on sustainability and renewable energy has begun in the Wilayat of Sohar, in the Governorate of North Al Batinah, Oman. The programme is organised by the Youth Centre and SOHAR Port and Freezone. It aims to equip over 50 young Omanis, aged 25–34, with essential skills for the global energy transition.
Oman's tourism sector continued growth in 2025, with gross domestic product (GDP) contribution reaching OMR 1.135 billion ($3 billion), up 3.7% from 2024's OMR 1.095 billion.
Oman's Public Authority for Special Economic Zones and Free Zones has signed RO200 million ($519 million) agreements to establish a portfolio of industrial projects across its free zones, supporting its push to build an export-oriented industrial base spanning steel, construction and industrial products, said a report.
Oman’s Ministry of Heritage and Tourism has issued the Executive Regulation of the Tourism Law to improve governance, regulate tourism activities, and enhance sector efficiency, supporting Oman Vision 2040’s goals of sustainable tourism, diversification, and job creation.
Oman signed an MoU with the Global Sustainable Tourism Council (GSTC), with the Ministry joining as a government body representing Omani tourist destinations, aiming to strengthen sustainable tourism practices and international collaboration.
Oman and Thailand are stepping up efforts to forge a more strategic tourism partnership, with both countries exploring a roadmap that blends sustainability, high-value travel and stronger private-sector collaboration to elevate their global appeal.
Sultan Haitham bin Tarik has been awarded the Arab Tourism Excellence Necklace by the Arab Tourism Organisation, in recognition of his contributions to joint Arab action and greater integration among Arab states, particularly in the tourism sector.
voco Hotels, part of IHG Hotels & Resorts, has launched in Oman with voco Muscat Al Mouj, a 251-room waterfront hotel in Al Mouj Marina, offering sea views and access to dining, retail, and leisure attractions.
Oman Tourism Development Company (Omran) has invited qualified specialised and experienced contractors to submit bids for the design and construction of the main building and associated facilities for the Majlis Al Jinn Cave Development Project.