Oman''s E-Invoicing Mandate: An Update on expected
Introduction Introduction In today''s digital era, countries worldwide are embracing electronic invoicing (e-invoicing) to streamline tax administration, enhance business
Completion of Oman''s Direct Electricity Connection to the GCC
The project is expected to be completed by Q4 2026 and marks a significant step in enhancing Oman''s power infrastructure and regional energy cooperation. The direct electricity connection
Oman: energy investment projects by project 2026
Between 2022 and 2026, among other energy investment projects in Oman, SIS- Sur refinery and petrochemicals complex project had the highest value, amounting to above 9.8 billion U.S.
Oman – recent macroeconomic developments and mid-run outlook
Among the challenges for the economy of Oman in the mid-run we mention the reform of the fiscal system, developing the financial market and improving the convergence
Oman''s economic growth to pick up to 3% in 2025-26,
Oman''s economic growth is expected to gain momentum in 2025-2026, with a projected average expansion of 3%, driven by ongoing government reforms and growing investment in non-oil sectors, according to
Strategic planning boosts investment in Oman''s real estate
Oman''s construction and real estate sectors are growing at a rapid pace, owing to government investment in housing to meet the needs of a growing population and greater foreign
Upcoming Construction projects in Oman | Oman
These mega-projects require significant investment but hold immense potential for Oman''s future. They are expected to create jobs, boost economic activity, and position Oman as a major player in the region. However, staying informed
Oman''s biggest polymer project set for Q1 2026 launch
Sharing an update on the project''s current status, Andrianov said: "The Sohar plant construction is advancing steadily, with foundational structures, utility systems, and key
ESS Supplier Market Intelligence Report (Q4
The latest Energy Storage System (ESS) Supplier Market Intelligence Report finds that overall planned capacity continued to decline as project cancellations and delays continue to mount on the growing lithium-ion
Oman: Inks Deal for Renewable Energy Projects with
The projects will be commercially operational by Q4 2026 The initiatives further Oman''s reputation as a forward-thinking nation embracing a sustainable energy future, contributing to global climate action efforts and
Multi-Criteria Decision-Making Approach for Optimal Energy
The main objective of this study is to provide a comprehensive evaluation of ESS options and identify the type (s) most suitable for integration with Oman''s national grid using a multi-criteria
Oman''s 2025 Economic Growth Forecast of 2.2%: Implications for
Oman''s economy is projected to grow by 2.2% in real terms by the end of 2025, up from 1.7% in 2024. Inflation is expected to be around 1.3%. While oil sector contributions
Oman unveils 2025 budget with $30.9 billion spending
Oman''s Ministry of Finance will launch "Maliya," a unified financial management system, in 2026, with full implementation by 2030. The platform aims to improve resource allocation and transparency, aligning with the
Oman''s first green hydrogen project FID in 2026-27
Oman - The first Final Investment Decision (FID) is anticipated during the 2026-27 timeframe by one of the consortiums awarded mandates to develop green hydrogen (GH2) projects in the Sultanate of Oman.
Portable Energy Storage System Market Size
The global portable energy storage system market size surpassed USD 6.2 billion in 2025 and is projected to witness a CAGR of over 24% between 2026 and 2035, attributed to acceleration in renewable electricity
Oman expected to implement e-invoicing from Q3 2026
As a significant step affirming the commitment to implementing electronic invoicing (e-invoicing) in Oman, on 12 May 2025, the Oman Tax Authority (OTA) signed the implementation agreement with their implementation partner. The
The demand for ESS in the Middle East is expected to grow
Abundant oil/natural gas → Low traditional energy prices → Low renewable energy on-grid tariffs → Low return on investment → Cost sensitivity among project owners.
Oman''s economic growth to pick up to 3% in 2025-26,
Muscat – Oman''s economic growth is expected to gain momentum in 2025-2026, with a projected average expansion of 3%, driven by ongoing government reforms and growing investment in non-oil sectors,
Oman''s First Green Hydrogen Project FID Expected by 2026-27
Oman''s Energy Minister, Salim Al-Aufi, has announced that the Final Investment Decision (FID) for the first of eight planned green hydrogen projects in the sultanate is
Oman Moves Toward e-Invoicing that could start in 2026
On May 12, 2025, the Oman Tax Authority (OTA) signed an agreement with Omantel, the country''s leading telecommunications provider, to develop and implement the national e
OETC plans 51 power transmission projects across Oman by
MUSCAT: Oman Electricity Transmission Company (OETC), the majority state-owned operator and owner of the country''s national grid, has unveiled plans for substantial
Petroleum Development Oman Plans 100 MW Solar
Petroleum Development Oman (PDO) is making significant strides in renewable energy with plans for two 100 MW wind farms and a solar PV Independent Power Project (IPP) integrated with a battery energy storage
Oman Launches Preparations for 2026 State Budget and 2026
Oman Begins Work on 11th Five-Year Plan with Focus on Spending Efficiency Muscat: The Ministry of Finance today organized a preparatory meeting to draft the state''s
The MENA region – the next hot market for energy
"The MENA region – the next hot market for energy storage?" I asked in an article back in October 2017. It took a bit longer than I expected, but seven years later it''s time to replace the question mark with an exclamation
Latest Ongoing Grid-scale/Utility Scale Energy Storage System
Search all the ongoing (work-in-progress) GUSESS projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Oman with our comprehensive online database.