Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
Contract
Signed to Establish Chemical Mixing, Oilfield Equipment Maintenance Project in
Nizwa
Nizwa,
17 Aug 2026 (ONA) — Nizwa Industrial City, affiliated with the Public Establishment
for Industrial Estates “Madayn”, signed today a long-term investment usufruct
contract to establish a project specialized in chemical mixing and oilfield
equipment maintenance, with an investment exceeding RO 4 million.
The
project will be built on an area exceeding 25,000 square meters and is expected
to contribute to enhancing industrial activities associated with the oil and
gas sectors, localizing specialized services and projects in A’Dakhiliyah
Governorate, alongside supporting in-country value and economic and industrial
activity in the governorate.
The
project comes within the framework of Madayn’s efforts to attract qualitative
investments to industrial cities in the Sultanate of Oman and provide an
integrated industrial environment supporting economic diversification and the
growth of the industrial sector.
The
contract was signed by Abdullah Said Al Balushi, Director General of Nizwa
Industrial City, and Mohammed Hamad Al Junaibi signed on behalf of Rabou Haima
Trading and Contracting Company (the executing company for the project).
The
Director General of Nizwa Industrial City said that the project represents a
qualitative addition to existing activities in the city due to the added value
it provides to the region, contributing to creating job opportunities and
diversifying industrial activities, noting that the chemical mixing and
oilfield equipment maintenance project is considered one of the specialized and
rare projects in the governorate.
He
explained that during the first half of this year, Nizwa Industrial City signed
more than 17 investment contracts over an area exceeding 50,000 square meters,
with total investments exceeding RO 12 million, encompassing projects in the
sectors of medical supplies, oil and gas equipment maintenance, plastic
industries, iron, metals, and chemicals.
He
added that the Omanisation rate in Nizwa Industrial City exceeded 45 percent of
the total workforce, which numbers more than 6,100 workers.
—Ends/AG