Duqm Power Plant Contract Highlights Oman’s Commitment to Modern Energy and Infrastructure Development

Investment
Muscat, Oman: Oman has advanced a major energy project after awarding a $350 million contract. The Duqm power plant contract marks a new step for the country’s energy sector. Furthermore, the project will support rising electricity demand across southern Oman. The facility will produce 870 megawatts of electricity after completion. Meanwhile, a consortium led by Doosan Enerbility will build the plant. The group secured the...
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FII Expansion Targets Every Continent as Global Investment Platform Broadens International Reach

FII expansion is gaining momentum as the Future Investment Initiative works to establish a presence across every continent. The global investment platform aims to...

Oman Climbs Global Competitiveness Rankings as Economic Reforms and Investment Growth Boost Its International Position

Oman competitiveness continues improving as the country moves higher in global economic rankings. The latest results show stronger performance across several important areas. Oman...

Muttrah Development Moves Forward with Cable Car Project as Oman Targets Tourism Growth and Better Urban Access

Muttrah development is entering a new stage as Oman prepares for major tourism and urban projects. The historic city continues attracting attention because of...
Investment

Oman Climbs Global Competitiveness Rankings as Economic Reforms and Investment Growth Boost Its International Position

Oman competitiveness continues improving as the country moves higher in global economic rankings. The latest results show stronger performance across several important areas. Oman reached the 25th position worldwide in the 2026 competitiveness rankings, improving from its previous position by three places. The progress reflects ongoing national efforts to strengthen the economy. Furthermore, Oman continues improving its investment environment through...

Finacial

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Dhofar Road Projects Drive Major Transport Expansion in Oman

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Qatar Tourism Leaders and Businesses Collaborate to Overcome Sector Challenges Amid Regional Uncertainties

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Qatar’s tourism sector challenges were the focus of a high-level meeting between Qatar Chamber and Qatar Tourism officials. The session aimed to review key issues affecting private businesses amid recent regional developments. The meeting brought together senior leaders, including H.E....

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