• About
  • Advertise
  • Careers
  • Contact
Monday, March 2, 2026
  • Login
No Result
View All Result
NEWSLETTER
Oman2Night
  • Home
  • Local News
  • World
  • Business
  • Entertainment
    • Sports
  • Lifestyle
    • Fashion
    • food
    • Health
    • Travel
  • Archive
  • Home
  • Local News
  • World
  • Business
  • Entertainment
    • Sports
  • Lifestyle
    • Fashion
    • food
    • Health
    • Travel
  • Archive
No Result
View All Result
Oman2Night
No Result
View All Result
Home National

Oman govt tenders value doubles to RO1.7bn in 2025

by News editor
February 3, 2026
in National
0
Oman govt tenders value doubles to RO1.7bn in 2025
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Muscat – The total value of government tenders issued more than doubled in 2025 to about RO1.7bn, while the value of tenders awarded declined by more than RO250mn, according to the Projects, Tenders and Local Content Authority.

The authority said the figures point to a shift towards larger and more strategic projects as Oman advances infrastructure and development plans under Vision 2040, with emphasis on efficient public spending and improved resource allocation.

Official data showed the value of tenders issued rising to RO1.703bn in 2025 from RO811.3mn in 2024, an increase of over RO891mn. The number of tenders issued edged down slightly to 98 from 100 a year earlier, a decline of 2%.

In contrast, awarded tenders fell in both number and value. In 2025, 95 tenders worth RO535.65mn were awarded, compared to 103 tenders valued at RO786.6mn in 2024, representing a drop of eight tenders and more than RO250mn in value.

Saeed bin Hamad al Amri, Director General of Tenders at Projects, Tenders and Local Content Authority

Spending linked to change orders also declined. The total cost of these reached RO28.4mn across 48 change orders in 2025, down from RO54.4mn for 54 change orders in 2024. The authority said this reflects tighter control over project scope and closer adherence to approved plans.

Saeed bin Hamad al Amri, Director General of Tenders at the authority, said the sector expanded during the year, with the number of registered companies rising to about 12,724 in 2025, an increase of 202% compared to 2024.

Small and medium enterprises accounted for 58% – or 1,639 – of newly registered firms. Amri said this underscores policies aimed at boosting SME participation in government projects and supply chains.

He said the latest indicators highlight the system’s role in supporting development and economic diversification by promoting competition, transparency and spending efficiency. The authority, he added, continues to refine tendering and awarding mechanisms to improve implementation and returns, while expanding opportunities for national firms and strengthening local content in government projects.



Source link

News editor

News editor

Next Post
OMNEX 2026 opens in Muscat, highlights 21% rise in Turkish companies registered in Oman

OMNEX 2026 opens in Muscat, highlights 21% rise in Turkish companies registered in Oman

Recommended

Humanoid robots steal the show at Chinese New Year gala in Beijing

Humanoid robots steal the show at Chinese New Year gala in Beijing

2 weeks ago
Trump prefers diplomatic solutions for the Iran crisis

Trump prefers diplomatic solutions for the Iran crisis

5 days ago

Popular News

  • His Majesty Sultan Haitham issues Royal Decree establishing Youth Centre with financial, administrative autonomy – The Arabian Stories News

    His Majesty Sultan Haitham holds calls with UK, Algeria, EU Leaders on regional escalation – The Arabian Stories News

    0 shares
    Share 0 Tweet 0
  • Al Wathba Ramdhan Souq: A resounding success in empowering SMEs and vibrant hub for entertainment  

    0 shares
    Share 0 Tweet 0
  • Oman Air suspends Middle East and Moscow routes

    0 shares
    Share 0 Tweet 0
  • Qatar reports 8 more injured following Iranian attack

    0 shares
    Share 0 Tweet 0
  • OQ launches FEED tender for NGL extraction plant

    0 shares
    Share 0 Tweet 0

Connect with us

Newsletter

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor.
SUBSCRIBE

Category

  • Business
  • Entertainment
  • Fashion
  • food
  • Health
  • Local News
  • National
  • Sports
  • Tech
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

Oman2Night

  • About
  • Advertise
  • Careers
  • Contact

© 2026 oman2night - magazine O2N.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2026 oman2night - magazine O2N.