Oman

Industry News

China Eleventh Chemical Construction Secures Two Packages at Oman’s Duqm IPP

China Eleventh Chemical Construction Company has secured two construction packages for the $910 million, 890-megawatt Duqm Independent Power Project in Oman. The packages cover civil works and temporary site facilities issued through Power Construction Corporation of China's Oman branch. The facility is being developed by a consortium that includes UAE-based Etihad Water and Electricity, with commercial operation slated for 2029.

Industry News

Oman Exports 4,500 Tonnes of Squid in 2025 With China Among Key Partners

In 2025, Oman exported 4,500 tonnes of squid worth US$11.6 million across 19 countries, with China ranking among the top buyers alongside Vietnam and Malaysia. Total domestic squid landings reached approximately 14,000 tonnes, dominated by traditional artisanal fishing. Oman also imported about 485 tonnes of squid during the year, with Yemen, China, and the UAE serving as the leading suppliers.

Industry News

ROX Capital Group Launches Gulf Energy Storage Platform Across UAE and Oman

Dubai-based real asset firm ROX Capital Group has launched the ROX Gulf Energy Storage Platform to advance utility-scale and commercial storage projects in the UAE and Oman. The platform will identify and deploy diverse battery chemistries and long-duration storage technologies while assessing regional assembly and manufacturing opportunities. ROX plans to partner with established technology providers to participate in upcoming regional storage tenders.

Middle East Travel Alerts

US Aviation Sanctions Disrupt Regional Flights and Divert Travelers to Iran Land Borders

Heightened US aviation sanctions under Operation Economic Outcast are forcing travelers toward land border crossings as foreign airports halt services for Iranian commercial flights. The secondary sanctions risk penalizing ground handling, fueling, and ticketing providers across regional routes including Oman, Iraq, Azerbaijan, and Georgia. The resulting air disruption has increased travel and accommodation costs while causing severe delays for business passengers and medical travel.