World

Oman signs $790m in investment deals across industrial zones

Oman has signed 28 investment agreements totaling over 304 million Omani rials ($790 million) aimed at enhancing projects across its industrial and economic zones, covering more than 2 million square meters. Key investments include a steel products factory in Sohar and various projects in the Sohar, Duqm, and Salalah special economic zones, as part of the country's Eleventh Five-Year Development Plan to diversify the economy and promote non-oil sectors.