Regional diplomatic efforts to ease the crisis around the Strait of Hormuz appeared to stall on Monday after a meeting between Iran and other Gulf countries was postponed, as fresh attacks on shipping and Saudi Arabia's closure of a key oil pipeline heightened concerns over global energy supplies.
OQT, Oman’s global commodity trading company, has appointed Emmanuël Brasseur as Head of LNG at its Dubai office, strengthening its leadership as it expands its presence across global liquefied natural gas (LNG) markets.
SalamAir recorded strong growth during Oman’s 2026 Khareef season, carrying more than 180,000 passengers to and from Salalah between June and August, a 20% increase compared with the same period last year.
Oman has signed up Arab Contractors to build a fishing port in the Al Wusta Governorate, as part of efforts to develop the fisheries sector infrastructure. The scope of work includes two breakwaters as well as 1.2 million sq m land reclamation and building of 4.5 km roads and other key facilities.
Oman’s total refinery products reached 129.08 million barrels by the end of July 2026, down 3.7 per cent from the same period a year earlier, according to preliminary data from the National Centre for Statistics and Information (NCSI).
International developer VA Group has announced that it has secured long-term land rights in Oman’s historic Muttrah waterfront, to develop an 18.5-hectare mixed-use project, featuring a mix of residences, leisure and retail facilities within the Port Sultan Qaboos Waterfront Masterplan.
Oman's Asyad Shipping has announced that it has awarded $104 million contracts to South Korea's Hyundai Heavy Industries (HHI) for the construction of two new medium range product tankers. These vessels, which are part of Asyad Shipping’s fleet expansion strategy, will be delivered in 2029.
Oman has called for stronger integration and more effective cooperation among Gulf countries to boost the region’s competitiveness and establish the GCC as a leading global tourism destination.
Oman’s Wilayat of Al Jabal Al Akhdar in A’Dakhiliyah Governorate has been selected as the GCC Tourism Capital for 2027, highlighting the mountain destination’s natural beauty, cultural heritage and growing tourism potential.
Saudia will add Muscat, Oman’s capital, to its seasonal destination network from October 27, with three weekly flights from Riyadh. The new route supports Saudia’s strategy to expand international connectivity and meet growing travel demand.
