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Press Releases

Stay up to date with the latest official announcements from Muscat Hills International Development and its partners.

Oman Ranks 6th Globally in Tax Policy Competitiveness
Oman has achieved a 6th place global ranking in the Tax Policy indicator under the Government Efficiency factor of the IMD World Competitiveness Yearbook 2026, highlighting the Sultanate’s competitive economic environment and growing appeal among international investors.
Oman’s Foreign Investment Reaches $83.7 Billion, Reflecting Growing Global Confidence
Oman continues to strengthen its position as an attractive global investment destination, with foreign direct investment (FDI) increasing 8.7% to reach approximately $83.7 billion by the end of the first quarter of 2026, according to preliminary data released by the National Centre for Statistics and Information (NCSI).
El Pescador Opens at Business Tower I, Marking Mustafa Yelchin's Third Dining Concept at Muscat Hills
Muscat Hills welcomes El Pescador, the newest dining concept by renowned restaurateur Mustafa Yelchin, to Business Tower I.
Oman Ranked the Second Safest Country in the World
Oman has been ranked the second safest country in the world in the 2026 U.S. News Best Countries Rankings for Public Safety, further cementing its reputation as one of the world's most secure destinations for residents, visitors, and investors.
Dubai-Based French Bakery Expands to New 3,000+ SQ. FT. Flagship at Hills Avenue Plaza
Muscat Hills is pleased to announce the expansion of Dubai-based French Bakery at Hills Avenue Plaza, with the brand relocating from its original takeaway kiosk to a new 3,000+ SQFT flagship outlet.
Oman–France Agreement Advances Muscat Metro Project with Strategic Station Near Muscat Hills
The Sultanate of Oman and France have signed a Memorandum of Understanding to cooperate on the development of the proposed Muscat Metro, marking a significant milestone in the nation’s efforts to modernize urban mobility under Oman Vision 2040.
HH Sayyid Theyazin bin Haitham Al Said to Chair IFC Oman Board
IFC Oman has announced the appointment of its Board of Directors by Royal Order from His Majesty Sultan Haitham bin Tarik, may Allah protect him.
Construction Momentum Builds Across Business Tower II and Muscat Hills Bazaar
Construction is advancing at pace across key assets within Muscat’s New Downtown, with significant structural milestones being achieved at both Business Tower II and Muscat Hills Bazaar.
HH Sayyid Rawy Al Said Inaugurates Muay Thai Fitness & Martial Arts at Souq Al Madina
His Highness Sayyid Rawy Al Said officially inaugurated Muay Thai Fitness & Martial Arts, a premium combat sports and fitness center in the heart of Muscat, Oman.
Oman Secures 4th Place Globally in 2026 Quality of Life Index
The Sultanate of Oman has achieved a remarkable milestone by ranking 4th globally in the 2026 Numbeo Quality of Life Index, placing it among the world’s most desirable countries to live, work, and invest in.
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