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.
Omani authorities said steady progress is being made on the Bilad Sur-Gas Roundabout project in South Al Sharqiyah Governorate, with more than 80% of the road dualisation work already completed. The first 11.4-km section of the project has already been opened to traffic.
Muscat International Airport has welcomed the inaugural direct Air Tanzania flight from Dar es Salaam, marking the first non-stop air link between Tanzania and Oman. The airline will operate the route three times a week using Airbus A220-300 aircraft.
Leading Chinese group Shanxi Installation Company has secured a contract worth RMB1.5 billion ($222 million) to provide engineering, procurement and construction (EPC) services for the 500MW Al Kamil I Solar Independent Power Project (IPP) in Oman.
Oman has begun implementing RO105 million ($273 million) road projects in North A'Sharqiyah Governorate as it expands the country's transport infrastructure under its Vision 2040 strategy. These include building of new roads, expansion of existing network and the dualisation of key highways.
