India's top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that one of its key subsidiaries - L&T Energy Hydrocarbon Onshore - has signed a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO), thus strengthening the long-standing partnership between the two companies.
Project awards in the GCC region for the second quarter surged to $59.4 billion, up 30% over last year supported by higher contract activity in Saudi Arabia and Oman, although activity slowed sharply from Q1, according to a report.
SalamAir, Oman's Low-Cost carrier, has announced its On-Time Performance (OTP) results for the second quarter of 2026, recording an OTP of 80.01%, representing an improvement of 15.01% compared to Q1 2026.
Six Senses Zighy Bay has launched a collection of summer experiences celebrating the natural beauty of Oman’s Musandam Peninsula. Set between the Hajar Mountains and the Gulf of Oman, the programme combines adventure, wellness and dining.
Oman has awarded RO114 ($296 million) project development tenders for the first half of the year. These include big-ticket projects such as the third package of Al Batinah Expressway; the construction of Al Jabal Al Abyad Road as well as Sultan Taimur bin Faisal Road dual carriageway.
More than 100 newly qualified finance professionals qualified as members of the Association of Chartered Certified Accountants (ACCA) in Oman, adding to the sultanate's skilled workforce as it pursues economic diversification under Vision 2040.
Oman Travel Hub, a new tourism digital platform founded by Oman-based couple Bader Al Lawati and Anna Chesalina, has been launched to promote the country’s landscapes, cultural heritage, and hidden experiences while connecting small and medium tourism operators with a global audience.
Thales, a global leader in defence, aerospace sectors, in partnership with Omani contractor Ankaa, has been awarded a contract by the Oman Civil Aviation Authority (CAA) to deliver its latest-generation Tracsigma primary surveillance radar and two RSM NG secondary surveillance radars.
Oil prices climbed sharply on Wednesday as renewed military clashes between the United States, Saudi Arabia and Iran kept traders on edge about supply disruptions, even as Oman unveiled a Gulf-backed proposal aimed at safeguarding shipping through the Strait of Hormuz.
Oman's real estate transaction value surged by 5.4% year-on-year to hit RO1.434 billion ($3.7 billion) for the first six months of 2026, mainly driven by higher sales activity, reported ONA, citing data from the National Centre for Statistics and Information (NCSI) showed.
