Oman is to launch a series of projects with a total investment value of $2.5 billion in its free zones during the first quarter of 2026. The projects include a polysilicon plant, a renewable energy manufacturing unit, a chemical factory, a sugar refinery and electric vehicle manufacturing.  “These projects will boost industrial exports and diversify […]Oman is to launch a series of projects with a total investment value of $2.5 billion in its free zones during the first quarter of 2026. The projects include a polysilicon plant, a renewable energy manufacturing unit, a chemical factory, a sugar refinery and electric vehicle manufacturing.  “These projects will boost industrial exports and diversify […]

Oman to develop free-zone projects worth $2.5bn

2025/12/02 15:41

Oman is to launch a series of projects with a total investment value of $2.5 billion in its free zones during the first quarter of 2026.

The projects include a polysilicon plant, a renewable energy manufacturing unit, a chemical factory, a sugar refinery and electric vehicle manufacturing. 

“These projects will boost industrial exports and diversify our economy away from hydrocarbon income. It will also create hundreds of jobs for Omanis in the towns close to the free zones,” Ahmed Al Dheeb, deputy chairman of the public authority for special economic zones and free zones (Opaz), told Oman Television.

Oman has six free zones across the country. The largest are in Sohar, Duqm and Salalah. 

“All these developments will move up Oman as a major industrial exporter of non-hydrocarbon products in the gulf and increase its foreign trade,” Hamed Al Saidi, a member of the state-run Oman Business Forum, told AGBI

In the first nine months of this year, Oman’s foreign trade fell 2 percent year on year to $79 billion, pulled down by a 16.5 percent drop in oil and gas exports.

Non-oil revenue fared better, rising 10.3 percent to $13 billion in the same period, helped by an increase in chemical production, up 14.

Further reading:

  • Work starts on Oman-UAE $2bn economic free zone
  • Oman unveils $250m AI special economic zone
  • Sohar Port to spend $220m on free-zone expansion
Market Opportunity
FreeRossDAO Logo
FreeRossDAO Price(FREE)
$0.00010912
$0.00010912$0.00010912
0.00%
USD
FreeRossDAO (FREE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48
The aftermath of the energy war: As Microsoft, BlackRock monopolize infrastructure, Eden Miner becomes retail’s last backdoor to the “hashrate yield network”

The aftermath of the energy war: As Microsoft, BlackRock monopolize infrastructure, Eden Miner becomes retail’s last backdoor to the “hashrate yield network”

As mining goes institutional in 2025, Eden Miner opens retail access to hashrate investing through a new model. The year 2025 marks a watershed moment for global
Share
Crypto.news2025/12/17 00:08