Duqm Port gains strategic importance in global trade routes: CEO Business

Duqm Port gains strategic importance in global trade routes: CEO

MUSCAT, JUNE 23 At a time when the global trade landscape is rapidly evolving and the need for secure, flexible logistics corridors is becoming increasingly critical, the Port of Duqm is emerging as one of the most strategically important projects reshaping Oman’s role in international supply chains, according to Reggy Vermeulen, CEO of the Port […]

OPAZ unveils Al Duqm waterfront master plan Business

OPAZ unveils Al Duqm waterfront master plan

MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has unveiled a master plan for the Al Duqm waterfront that aims to transform the area into one of Oman’s largest tourism and mixed-use developments, as authorities seek to attract new investment and accelerate economic diversification. The plan was presented to developers, investors, […]

Duqm power plant secures 5 million EPC deal Business

Duqm power plant secures $385 million EPC deal

MUSCAT, JUNE 16 Oman’s 870-megawatt Duqm gas-fired power plant has secured a $385 million engineering, procurement and construction (EPC) contract, advancing one of the Sultanate of Oman’s largest new power generation projects. South Korea’s Doosan Enerbility said it had signed the contract with Coastal Power SAOC, the project company established to develop the plant in […]

Duqm attracts investments worth RO 2.9 bn Business

Duqm attracts investments worth RO 2.9 bn

Al Duqm, June 8 The Special Economic Zone at Duqm (SEZD) has secured RO 2.9 billion ($7.5 billion) in new investments across energy, industry, battery materials, chemicals, tourism and housing, marking one of the largest investment packages announced for the zone in recent years. The Public Authority for Special Economic Zones and Free Zones (OPAZ) […]

Egyptian steel firm to set up major fabrication facility in Duqm Business

Egyptian steel firm to set up major fabrication facility in Duqm

FMC-Ferrometalco, a leading Egyptian steel fabrication and construction company, has signed an agreement to invest in the establishment of a major facility specializing in the fabrication of steel structures at the Special Economic Zone at Duqm (SEZAD). The project forms part of a portfolio of investments announced earlier this week by the Public Authority for […]

Students brief OPAZ chairman on Duqm internship Business

Students brief OPAZ chairman on Duqm internship

Qais Al Yousef, Chairman, Public Authority for Special Economic Zones & Free Zones (OPAZ), was briefed by 18 Sultan Qaboos University (SQU) students on their internship projects and experiences working inside businesses in Duqm during a breakfast gathering this week. The students are taking part in the inaugural SEZAD – SQU Summer Internship with placements […]