Saudi Arabia records $1.54bln in POS transactions in one week UAE non-oil growth hits fastest pace since December 2024, PMI shows Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah RAK Chamber explores trade, investment opportunities at UAE-Lebanon Business Forum Saudi Arabia agrees to raise Pakistani agricultural and food exports to $3bln UAE investment council launches data tools to boost overseas investment Oman's public revenue rises 13% to $17.2bln in first half of 2026 Saudi Arabia’s construction costs rise 2.3% in July 2026 ADIB provides $37mln Islamic financing for Glasgow logistics hub Oman’s tea and coffee imports hit record highs Total value of Bahraini exports hit $5.04bln Oman: ARA eyes Q3 2027 gas pipeline launch Oman: Sohar International establishes innovation hub at Terminal 11 to support fintech growth Bahrain's Benefit unveils Digital Direct Debit service Saudi: Civil Defense requires third-party insurance for licensing and renewals of certain activities Saudi PIF annualised total shareholder returns fall to 5.8% as some assets lose value Saudi Aramco offers crude outside Hormuz to some Asian refiners, sources say Ten agreements signed to localise electrical transformer component manufacturing in Oman Khareef lifts Salalah Airport passenger arrivals by 8% Fuel tanker grounding: NCEM activated in Oman Oman to develop four industrial cities under Five-Year Development Plan 2026-2030 Saudi Arabia breaks into world’s top 10 for private AI investment: World Bank report Kuwait Petroleum Corporation posts three-year profit high of $6.9bln in FY 25/26 HSBC Private Bank appoints Feras Al Jaramani to lead its UAE Market UAE extends small business relief for corporate tax until December 2029 Saudi business sector surges with 46,900 new companies in 1H 2026 Solar power set for strong growth in Qatar

Log in

عربي

Media Centre

Home » Media Centre

Oman: New initiative launched to boost tourism, economy in Musandam

Oman: New initiative launched to boost tourism, economy in Musandam

Oman: New initiative launched to boost tourism, economy in Musandam

Sep 24, 2024

Muscat – Musandam has introduced an initiative called ‘Musandam Lodges’ to enhance the tourism sector and stimulate the local economy.

The announcement was made during a workshop organised by Oman Tourism College in collaboration with Ministry of Heritage and Tourism and Oman Chamber of Commerce and Industry’s Musandam Branch on Sunday.

Sayyid Ibrahim Said al Busaidi, Governor of Musandam, highlighted the initiative’s goal of encouraging residents to invest in world-class tourist lodges while utilising the governorate’s rich natural diversity. “This project aims to improve tourism infrastructure, attract local investments and address the growing demand for tourist accommodation.”

Key objectives include promoting both local and international tourism through diverse lodging options, boosting Musandam’s reputation as a prime tourist destination, and supporting small and medium enterprises in the governorate. Additionally, the initiative is expected to generate new job opportunities in the hospitality and tourism sectors.

The governor urged local investors to capitalise on available opportunities and benefit from incentives for lodging projects. Musandam International Company will manage the development of investment, financing and commercial models alongside urban and architectural plans for participating companies.

The workshop included presentations on the importance of developing tourist lodges as a fundamental element of tourism growth.