The total production of refineries in Oman recorded a 12.5 per cent increase by the end of December 2025, reaching 84,739,200 barrels compared to the end of December 2024, according to preliminary statistics issued by the National Centre for Statistics and Information (NCSI).
Oman's Ministry of Finance and the Saudi Fund for Development (SFD) have signed a memorandum of understanding (MoU) to finance the construction of the Thumrait Industrial City project.
Oman Ministry of Heritage and Tourism reported that 137,330 tourists visited Oman aboard cruise ships and yachts in 2025, reaffirming its commitment to further develop the sector in partnership with relevant authorities.
SSH, one of the leading masterplanning, infrastructure and project management firms in the Middle East, has been awarded the lead design and construction supervision consultancy contract for the third phase of the Madinat Al Irfan Business Park project in Muscat, Sultanate of Oman.
The UAE topped the list of Oman’s trading partners last year in non-oil exports - including chemicals, metals and machinery - as well as re-export activities, and merchandise imports, said a report. Other prominent trading partners included Saudi Arabia, India, China, Iran and UK.
Oman has approved a range of tenders worth a total RO33 million ($86 million) aimed at advancing developmental projects across multiple sectors in the sultanate. These include construction of two flood protection dams in Wadi Al Ansab and Salalah road tunnel project, said a report.
OQ Group has launched the second cohort of its Business Accelerator Programme, featuring 22 specialised startups from Oman and abroad. The initiative supports innovation by linking startups with operational and investment opportunities, fostering technological, engineering, and environmental solutions in energy, sustainability, and advanced technologies.
Oman's Tenders Board has announced that the total value of the government’s upcoming development projects stands at more than RO1.5 billion ($3.8 billion), These include ports, roads, dams, buildings and public facilities as well as pipeline network projects and well drilling.
Gulf Great Sands (GGS) has announced the grand launch of the BAIC brand in Oman, which will provide Omani customers a range of offroad SUVs.
Oman has signed an concession agreement with a joint venture of Oman's OQ Exploration and Production and Malaysian group Petronas for an offshore block in the Sea of Oman spanning 21,000 sq km. This comes as part of the government's efforts to boost exploration and production activities in the sultanate.
