Urban October opens 20 deals exceed OMR 1bn

Oct 5

At the opening of Urban October and World Habitat Day activities in Muscat, Oman TV reports 20 partnership, development and tender agreements worth more than OMR 1 billion for housing, services and tourism. The event is held under State Council chairman Abdulmalik Al Khalili, with an exhibition and UN-Habitat award activities. The package describes agreements involving Sultan Haitham City, Al Thuraya, Sorouh, Khazaen, tourism and Kumzar, alongside an Oman–Turkey memorandum. Interviewees explain housing and service provisions: Nasser Al Siyabi describes eight neighbourhood agreements worth OMR 186 million, about 1,850 housing units and roughly 600 plots; other developers discuss Yenkit Hills and Taqah projects. The studio follow-up outlines the conference sessions. Values and projected units are the report's and participants' descriptions of commitments, rather than completed construction.

The 5 October 2026 Muscat ceremony presents a usufruct contract and development agreement for the Yenkit Hills integrated tourism project. The host announces OMR80 million and the screen carries that value during the document presentation. The passage establishes the contracts, without establishing completed construction or public opening. In Oman TV's same-day on-scene report, Masat Al Qurm CEO Tariq bin Abdullatif Al Zadjali says they signed the Yenkit Hills development agreement at OMR80 million and describes a planned five-star, 100-room hotel, 300 resort-style residential units and 35 retail outlets. These remain his project plans.