Oman: Latest news in Oman, October 7th, 2026

Here are the key developments and latest news highlights from Oman as of October 7, 2026:

• Oman and Kazakhstan Bilateral Deals: Following Sultan Haitham bin Tarik’s official state visit to Kazakhstan, the two nations announced the launch of a $150 million joint investment fund split equally between both governments. Alongside the fund, Oman’s OQ Exploration and Production signed an upstream framework agreement with KazMunayGas, and renewable arm O-Green reached an agreement with Samruk Energy to target up to 2 GW in solar and wind projects.

• Diplomatic Engagements: Sultan Haitham bin Tarik held a telephone call with King Willem-Alexander of the Netherlands to review bilateral ties and discuss regional de-escalation efforts. Congratulatory messages were also sent to the leadership of Saudi Arabia on their hosting and victory in the Arabian Gulf Cup.

• Port Sultan Qaboos Redevelopment: The Ministry of Heritage and Tourism and the OMRAN Group entered an integrated tourism complex agreement to redevelop the Port Sultan Qaboos waterfront in Muttrah into an expansive leisure, cultural, and hospitality hub spanning around 1 million square meters.

• Maritime Rescue Operations: Omani authorities carried out medical evacuations and assistance off the coast of Musandam following an attack and fire aboard the Panama-flagged commercial tanker On Peace near the Strait of Hormuz.

• Urban October 2026 Announcements: Major real estate and infrastructure announcements continued at the Oman Convention and Exhibition Centre, including the launch of Zaha Residence in Sultan Haitham City backed by an OMR 10 million financing package.