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Sohar Industrial City signs 39 deals in H1 2026
The Sohar Industrial City in the Sultanate of Oman successfully attracted 49 investment applications during the first half of 2026, transforming 39 of them into contracts with an investment value exceeding 214 million Omani riyals. These included 22 new contracts, 12 expansion contracts, and 4 replacement contracts. The projects cover a total area of over one million square meters and contribute to increasing the number of operating companies to 497, providing approximately 12,670 jobs. One of the notable projects is a ceramic factory with an investment of 25 million riyals, aiming to export 75% of its production to Gulf Cooperation Council markets, and create between 500 and 600 jobs. Additionally, work is underway on a renewable energy project with a capacity of 93 megawatts, designed to reduce electricity costs and lower carbon emissions, supporting sustainability goals and energy security in Oman.
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