Muscat: Oman’s development expenditure reached RO 1.577 billion in 2025, exceeding the approved budget allocation by RO 437 million, as the government increased funding to accelerate the implementation of approved projects across various sectors. According to the State Final Account for Fiscal Year 2025, the additional allocations were directed to government entities and governorates to […]
The Bukha waterfront development project in Musandam Governorate has reached approximately 95 per cent completion, covering a total area of around 26,000 square metres, as part of ongoing government efforts to enhance comprehensive development and optimise the use of the governorate’s coastal and natural assets. The project is one of the key strategic initiatives aimed […]
MUSCAT, JUNE 20 Hynfra, a Poland-based developer of large-scale green hydrogen projects, has signed an agreement with US-headquartered Ohmium International Inc covering the design engineering and technological development of a major green ammonia production scheme planned in Duqm, southeastern Oman, alongside other ventures in the Middle East and North Africa (MENA) region. In Oman, Hynfra […]
MUSCAT, JUNE 15 Hafeet Rail has reached a major milestone in the development of the Oman-UAE railway connection, announcing 40 per cent completion of the cross-border project, underscoring steady progress on one of the region’s most strategic transport and logistics initiatives. The 238-kilometre corridor, jointly developed by Etihad Rail, Oman Rail and Mubadala Investment Company, […]
MUSCAT: The completion rate of Muttrah Teleferik project has reached 90 per cent in accordance with the approved timeline. This progress paves the way for the commencement of trial operations this coming December, backed by continuous field monitoring to ensure the project’s readiness to the highest standards. The cable car initiative stands as a qualitative […]
Muscat: The completion rate of Muttrah Teleferik project has reached 90 percent in accordance with the approved timeline. This progress paves the way for the commencement of trial operations this coming December, backed by continuous field monitoring to ensure the project’s readiness to the highest standards. The cable car initiative stands as a qualitative tourism […]
MUSCAT, JUNE 8 Nama Water Services has invited interested investors to pre-qualify to participate in a competitive process leading to the award of a mandate for the establishment of a high-value industrial project specialising in the manufacture of Reverse Osmosis (RO) membranes in the Sultanate of Oman. This initiative stems from the recommendations of the […]
MUSCAT, JUNE 9 Trufud Oman, an Omani private-sector company focused on sustainable agriculture, food security and climate-positive investments, has unveiled an ambitious large-scale agricultural and environmental project in Hanfit, Thamrait, aimed at demonstrating how commercial farming can simultaneously support food production, environmental restoration and carbon management. Spanning approximately 10.5 million square metres (1,050 hectares), the […]
MUSCAT, JUNE 10 The China Energy Engineering Corporation (CEEC) Shanxi Institute, a leading international engineering and infrastructure contractor, has announced that its Oman subsidiary has been awarded the Engineering, Procurement and Construction (EPC) contract for the Mawarid Wind Turbine Manufacturing Project at the Special Economic Zone at Duqm (SEZAD) in southeastern Oman. As EPC general […]
