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Oman Unveils Major Urban Projects as Investment Interest Grows

Oman introduced two major urban projects that highlight the country’s development goals and show Oman’s rising investment appeal. The launch took place in Muscat during a cornerstone ceremony for the Yamal and Jood projects. The event gathered senior officials from key national sectors, along with leaders from the development and planning fields.

Oman partnered with Talaat Moustafa Group to advance both projects. The combined investment reaches RO 1.7 billion. The projects support Oman Vision 2040, which aims to grow the private sector, increase investment, and boost economic diversity. The new developments also reflect Oman’s rising investment appeal as interest continues to grow across several sectors.

The Jood project will cover 2.7 million square meters. It will offer more than 7,000 homes and several green areas. It will also include schools, health centers, shops, and sports services. The first phase will offer 600 units. The project name reflects traditional Omani values and aims to create a community built on balance, comfort, and modern living.

Meanwhile, the Yamal project will expand across 2.2 million square meters. It includes a coastal stretch that reaches 1,760 meters along the Sea of Oman. The area will feature hotels, an international marina, and many leisure activities. It will also include more than 6,000 residential and hospitality units with sea and marina views. The first phase will release 700 units. The design draws inspiration from Oman’s deep connection to the sea and its long history of trade and exploration.

These projects support the National Urban Strategy, which guides the country’s long-term development goals. They also show the growing interest of global developers in Oman. This interest further proves Oman’s rising investment appeal and reflects strong confidence in the country’s economic direction.

Oman’s recent progress across economic indicators strengthens this momentum. Foreign investment grew by more than 22 percent in early 2025 and passed 30 percent by mid-year. The total value crossed RO 30 billion. These numbers show clear trust in the national economy.

Oman also improved its business processes. Company registration now takes only a few days, with fewer steps and no minimum capital rules. These changes help new investors enter the market with ease. Reports highlight progress in quality of life and competitiveness, proving the country’s steady rise.

The real estate sector shows strong activity as well. By September 2025, traded real estate value grew by 9.2 percent. Revenues from property sales and mortgages climbed by 74 percent. These gains show deep interest from buyers and developers. The sector expanded by more than 29 percent in 2024, and the trend continues as demand rises.

Both the Yamal and Jood projects will begin sales tomorrow in their first offering stage. They aim to create modern urban communities with long-term value. Their launch marks another step forward for Oman as it strengthens planning, encourages investment, and continues to shape its future through sustainable growth powered by Oman’s rising investment appeal.

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