Oman’s SalamAir to boost fleet with purchase of new Airbus A320 planes
Oman
aerospace sector
Al-Futtaim Logistics expands into Saudi Arabia, Oman amid Middle East aerospace boom
The expansions follow in the wake of surging demand for advanced logistics solutions in the region
International Astronomical Centre
Probable Ramadan 2025 start date announced
International Astronomical Centre reveals expected start of Ramadan 2025
Dar Global
Dar Global secures financing for ambitious AIDA project in Oman
National Bank of Oman to finance the 3.5 million sqm project that includes a championship-size Trump course, resorts and luxury residences
Oman real estate market
Oman real estate trading climbed 30% to $8.8bn last year
Oman’s real estate sector showed significant growth in 2024
EY
MENA IPOs raised $12.6bn last year, more growth expected in 2025
IPOs in the MENA region were dominated by UAE and Saudi and further growth expected in 2025
hafeet rail
Hafeet Rail awards major contracts to develop UAE-Oman railway network
Hafeet Rail awards contracts for UAE to Oman railway facilities and wagons
GaStat
GCC targets $188bn tourist spending as visitor numbers boom
GCC countries attracted more than 68m visitors in 2023, up almost 43 per cent on 2019
Saudi non-oil trade with GCC partners hit $2.5bn in November
Saudi trade with GCC countries soared by 43 per cent last year as UAE is top partner
Boston Consulting Group
GCC trade to grow at almost double the pace of global trade through 2033
Boston Consulting Group report predicts 5.5 per cent annual growth for GCC nations as against 2.9 per cent for global trade
Oman real estate market
Oman slashes real estate fees
Oman has announced plans to amend, merge and introduce new real estate services
GCC
GCC goods trade valued at $1.5tn in 2023, bloc ranked third in world with China top partner
GCC ranked sixth in the world for trade of goods
Dubai
UAE Golden Visa guide; 100 inspiring women; Dubai freehold real estate – 10 things you missed this week
UAE Golden Visas, inspiring women in the Middle East, Dubai freehold property, Oman holiday and more top stories this week
acquisition
Americana Restaurants announces Oman expansion with Pizza Hut acquisition
The deal includes 46 Pizza Hut restaurants, generating an annual revenue of approximately $11 million in 2024
AI
PwC CEO Survey 2025: UAE and Saudi bosses planning new hires and expecting more revenue amid optimism, despite AI and climate disruption
UAE and Saudi CEOs are among the most optimistic in the world, according to PwC’s 28th Annual CEO Survey
Al Markaz Industrial Development
GCC IPOs raised $13.2bn last year as UAE and Saudi markets dominate
The UAE led the GCC IPO market in 2024, with Saudi Arabia coming second
