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Oman signs $500M in mining agreements

National workers will be prioritised and SMEs given subcontracting opportunities

Munira Rajkotwalla
The Ministry of Energy and Minerals finalised the deals with Gulf Mining Materials Company and Novel Muscat International Company.

The Ministry of Energy and Minerals finalised the deals with Gulf Mining Materials Company and Novel Muscat International Company. | Credits: Zarko Prusac via Shutterstock

Oman has signed three agreements worth around RO192 million (US$500 million) to develop new mining and processing projects in the governorates of Al Buraimi and Al Wusta. This is part of a push to expand...

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