All Articles

Oman Signs 17 Deals Worth $2bn at MIPIM 2026. The Sultanate's Urban Ambition Goes Global Oman concluded its presence at MIPIM 2026 in Cannes with a landmark result: 17 international investment and development agreements signed at the Omani pavilion, valued collectively at more than RO762 million, approximately $2 billion. Facilitated by the Ministry of Housing and Urban Planning, the agreements span urban development, healthcare, branded residential, architectural consultancy

Oman's Madayn Launches $637m Industrial City Investment Drive. Vision 2040 Moves From Strategy to Shovel Oman's Public Establishment for Industrial Estates, known as Madayn, has announced a $637 million investment programme spanning its network of industrial cities across the sultanate between 2026 and 2030. The plan, built around 90 strategic projects and 24 institutional programmes, forms the operational backbone of the broader Madayn 2040 strategy and represents one of the

Oman has awarded a contract worth about $75 million for a key road project in Ibra, extending the sultanate’s wider push to modernise strategic transport corridors beyond Muscat. The deal forms part of a broader package of road investments announced by the Ministry of Transport, Communications and Information Technology in coordination with the Projects, Tenders and Local Content Authority. For Oman, the award is another sign that road infrastructure remains central to its re

Oman’s construction sector is on the verge of a remarkable transformation, thanks to recent government approvals for major contract awards valued at $727 million. This significant investment highlights Oman’s dedication to enhancing its infrastructure and opens up a plethora of opportunities for construction professionals worldwide. As the nation gears up for a new era of growth, understanding the implications of these developments is crucial. Government Commitment to Infrast

Talaat Moustafa Group Holding (TMG), Egypt’s largest listed real estate developer, has formalised an agreement with Oman’s Ministry of Housing and Urban Planning to develop two landmark projects valued at RO1.5 billion ($3.9 billion) in Muscat. Signed on 19 May 2025, the agreement represents one of the most significant foreign direct investments in Oman’s property sector, delivering 13,000 residential and hotel units across 4.9 million square metres west of the capital, strat

Oman is undergoing a significant transformation in its infrastructure and urban landscape. The government and private sector invest heavily in large-scale construction projects. These projects aim to diversify the economy, improve living standards, and boost tourism. This article highlights some of the most important developments shaping Oman’s future. Key Oman Development Projects Driving Growth Several major projects are currently underway or planned across Oman. These proj

Sultan Haitham City covers 14.8 million m² and will accommodate 100,000 residents in 19 integrated neighbourhoods . Aligned with Oman Vision 2040, the four-phase scheme blends housing, commercial hubs and green infrastructure, embedding sustainable building and large-scale infrastructure development. Early works are underway, presenting wide-ranging construction opportunities for contractors active in the Gulf. Project Overview • Location: Muscat metropolitan area • Total

Oman’s commitment to industrial diversification is gaining momentum, particularly with the recent developments at Al Mudhaibi Industrial City. The awarding of the first phase infrastructure contract to a joint venture between Omani and Saudi firms signifies a substantial step forward for the Sultanate. With a contract valued at RO 17.4 million, this project is set to revolutionize the construction landscape while emphasizing sustainable practices and public-private partnershi

The Burj Al Sahwa Roundabout redevelopment in Muscat, Oman, has reached a pivotal milestone as Strabag Oman announced the lowest bid of 201.8 million Omani rials (approximately $525 million). This flagship initiative is part of Oman’s Vision 2040, which aims to mitigate traffic congestion and enhance urban mobility throughout the capital. Overview of the Burj Al Sahwa Project The Burj Al Sahwa Roundabout project stands out as a landmark initiative within Oman’s effort to impr

The recent announcement of the retendering process for the Adam-Thumrait Road project in Oman represents a significant step forward in the nation’s strategic infrastructure development. For construction professionals, contractors, consultants, and investors, this project highlights the growing momentum of road construction in Oman and its alignment with the overarching goals of Oman Vision 2040. The emphasis on enhancing national connectivity through this vital roadway will n

In a significant milestone for the Middle East's construction sector, a leading French contractor has secured multibillion-Qatari riyal contracts to manage the operation and maintenance of critical highways in Qatar. This development is poised to enhance Qatar's infrastructure landscape and reinforce its commitment to fostering sustainable development through advanced construction techniques and intelligent transportation systems. Overview of the Contract The awarded contract

Oman’s drive towards economic diversification and development is exemplified by the progression of the Al Dhahirah Economic Zone. Spanning a total of 388 square kilometres, with an immediate focus on 20 square kilometres in its first phase, the Al Dhahirah Economic Zone stands as a symbol of strength and strategy in fostering regional development. It promises to be a logistics and industrial hub at the heart of the GCC market. Notably, 7.5 square kilometres of this zone have