Rusayl Industrial City signs 7 deals worth 23 million rials
Rusayl Industrial City signed 7 investment contracts exceeding 23 million Omani rials in first-half 2026.
· Last verified: 7 Nov 2026 (Oman News Agency)
Summary
- Rusayl Industrial City signed 7 investment contracts exceeding 23 million Omani rials in first-half 2026.
- The city received 13 investment applications in the period, with cumulative investment surpassing 780 million rials.
- The contracted projects span medical supplies, real estate, education and heavy equipment manufacturing.
The latest
Seven investment contracts worth more than 23 million Omani rials were signed at Rusayl Industrial City during the first half of 2026, covering projects on a combined 121,619 square metres. The city, run by the Public Establishment for Industrial Estates (Madayn), received 13 investment applications over the same period, according to the Oman News Agency.
Details
- The headline figure: Seven of the 13 applications received in the first half of 2026 converted into signed contracts, with a total project cost above 23 million Omani rials. The land allocated to them totals 121,619 square metres, according to the Oman News Agency.
- Cumulative investment: Engineer Fahad bin Nasser al-Abrawi, acting director general of Rusayl Industrial City, said total accumulated investment in the city has passed 780 million Omani rials. He did not give a comparison figure for the preceding period.
- The largest project: A medical tools and supplies manufacturing plant accounts for 15 million rials, roughly two-thirds of the total value signed in the half-year. It is the single biggest of the seven contracts by investment size.
- Real estate and education: A real estate development project is valued at 3 million rials, and an international institute at 1.8 million rials. Both sit outside the industrial manufacturing category, pointing to a mixed-use profile for the new intake.
- Heavy equipment: A plant producing excavators and toothed bodies is valued at 1.5 million rials. Remaining contracts cover marble cutting and sawing, property sales, leasing and management, and metalworking workshops.
- Land footprint: Rusayl Industrial City spans roughly 11,038,000 square metres. Of that, about 7,195,000 square metres are developed and 3,843,000 square metres remain undeveloped, leaving more than a third of the site available for future allocation.
- Workforce: The city and its logistics zone employed about 22,196 workers in 2026, with Omanisation at roughly 38.8%. No target rate or timeline for raising that share was announced alongside the figures.
- The operator: Rusayl falls under Madayn, the Public Establishment for Industrial Estates, which manages Oman's network of industrial cities. The announcement did not name the investors behind the seven signed contracts.
Between the lines
The mix of the seven contracts suggests Rusayl is drawing more than factories: a real estate developer, an international institute and property management firms were among the signings. With roughly 3,843,000 square metres still undeveloped, the city retains substantial room to absorb further allocations beyond the 121,619 square metres committed this half.
What's next
Watch whether the remaining 6 of the 13 applications convert into contracts in the second half of 2026, and whether Madayn publishes updated Omanisation and employment figures for the city and its logistics zone.
Source: Oman News Agency