Muscat: Madayn is nearing the final stages of its ambitious road and infrastructure construction project in Mahas Industrial City, with a budget of RO 5 million and a completion rate surpassing 90%. This development comes as the industrial city witnessed an impressive investment volume of RO 41.9 million in the first half of the year, reflecting a 2.05% growth compared to last year.
Mubarak bin Salem Al-Ghailani, Acting Director General of Mahas Industrial City, highlighted that Madayn has appointed a consultant to establish 10 ready-made industrial units for small and medium enterprises. This initiative aligns with the royal directives of His Majesty Sultan Haitham Bin Tarik, aiming to boost the industrial sector and support SMEs.
Read More
- Oman oil price drops by 5.45 US dollars
- Oman’s manufacturing sector targets RO 10.7 billion contribution by 2040
- Asia-Pacific airlines including India may keep fares high despite easing jet fuel prices as demand stays resilient: S&P
- Bank of Beirut to exit Oman after 20 years, depositors given 60 days to settle accounts
- Omantel’s Otech, DeepAstra launch sovereign AI platform in Oman





