Monitor

Latest Developments

Material regulatory, project and infrastructure-market developments across InfraLex markets.

65 Developments

  • MarketSouth Africa10 September 2026

    ISA preparation pipeline exceeds 24 projects and R148 billion

    Infrastructure South Africa reported more than 24 projects under preparation support, valued at approximately R148bn, across multiple spheres of government and priority sectors — showing the launch pipeline is not limited to announced megaprojects; bankability and procurement preparation are visible stages.

  • ProjectNigeria7 September 2026

    FG, APM Terminals sign MoU for Badagry Deep Sea Port

    The Federal Government and APM Terminals signed a Memorandum of Understanding for exclusive negotiations on the Badagry Deep Sea Port concession. This is a negotiation milestone, not a binding concession or financial-close event — everything beyond the MoU (RFQ/RFP, preferred bidder, award, financial close) remains forecast.

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  • ProjectNigeria5 September 2026

    LAMATA confirms Lagos Blue Line has carried 9m+ passengers in 70,000+ trips over three years

    LAMATA published an official update confirming the Lagos Rail Mass Transit Blue Line has carried more than 9 million passengers across over 70,000 trips in its three years of operation since opening 4 September 2023 — a genuinely current, primary-sourced operating statistic.

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  • ProjectUnited Arab Emirates5 September 2026

    Dubai Metro Blue Line reaches 26% completion

    Dubai Metro Blue Line construction reached 26% completion as of early September 2026, progressing toward its targeted 9 September 2029 opening.

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  • ProjectNigeria3 September 2026

    AKK Gas Pipeline reaches 95% completion; OB3 pipeline reported ready for first gas

    NNPC-attributed reporting placed the AKK Gas Pipeline at 95% physical completion, with the related OB3 (Obiafu-Obrikom-Oben) pipeline separately described as ready for first gas. This reporting does not explicitly confirm AKK's own first-gas delivery event, which remains unconfirmed as achieved as of the research cutoff.

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  • RegulatoryKenya27 August 2026

    PPP Committee clears Mombasa and Lamu port assets for private investment

    National Treasury's PPP Committee approved feasibility studies for Mombasa Berths 11–14, Container Terminal 1, and the Lamu Container Terminal/Special Economic Zone integrated concession — the first formal procurement-track step for Kenya's largest port privatisation programme to date, setting up a September 2026 market engagement. Independently confirmed via the founder-directed targeted verification gate (2026-09-10) across multiple corroborating outlets, not solely the master's original single source.

  • ProjectUnited Arab Emirates15 August 2026

    Dubai targets Dh55bn in further contract awards by end-2026 for Al Maktoum International Airport expansion

    Dubai officials confirmed Dh13bn in contracts already awarded for the Al Maktoum International Airport (DWC) expansion in 2026, with a further Dh55bn targeted for award by end-2026 — distinct from the programme's total $34.8bn investment figure.

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  • ProjectKenya12 August 2026

    SGR Phase 2B contractor mobilisation begins

    Contractor camp establishment in Narok County reported ahead of the next implementation stage, confirming the construction start has moved into physical mobilisation.

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  • ProjectOman11 August 2026

    JBB Wind IPP reaches financial close

    Jaalan Bani Bu Ali (JBB) Wind IPP reached financial close on 11 August 2026 — independently confirmed across MEES, MEED, GCC Business News and EDF's own regional news page. Commercial operation is targeted for Q3 2027.

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  • MarketSouth Africa7 August 2026

    AIIB and South Africa sign $500m climate-resilient urban-services loan

    National Treasury announced a USD500 million AIIB loan directed at strengthening climate-resilient urban services — a current sovereign/DFI financing signal beyond power generation, demonstrating the municipal/urban infrastructure channel.

  • ProjectOman1 August 2026

    Sohar Port and Freezone reports 52% H1 2026 cargo growth, $6.82bn cumulative investment

    Sohar Industrial Port Company reported H1 2026 results showing 52% cargo-throughput growth, alongside a cumulative $6.82bn historical investment figure (distinct from the separate $1.7-1.8bn 2026 investment-programme range). Reported approximately August 2026.

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  • ProjectUnited Arab Emirates15 July 2026

    EWEC and Masdar close $6.1bn financing for integrated solar-plus-storage project

    EWEC and Masdar reached financial close on $6.1bn ($5.1bn debt + $1bn equity) financing for the 5.2GW solar + 19GWh BESS round-the-clock renewable project — among the largest-ever financings for an integrated renewable-plus-storage project.

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  • ProjectKenya1 July 2026

    Kenya Railways begins construction of Naivasha–Kisumu–Malaba SGR extension

    Kenya Railways officially commenced construction of the 475km Naivasha–Kisumu–Malaba SGR extension in Narok County — the formal start of Kenya's largest active rail infrastructure commitment since the original Mombasa–Nairobi SGR. Date corrected from the master's originally-cited 19 March 2026 groundbreaking to 1 July 2026 (construction commencement) per the targeted verification gate, which found the July date far more consistently corroborated across independent outlets.

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  • ProjectUnited Arab Emirates30 June 2026

    Etihad Rail launches UAE's first national passenger rail service

    Etihad Rail launched the first stage of the UAE's national passenger rail service (Abu Dhabi-Fujairah, 1h45m journey time), the achieved first milestone of a phased rollout. Two further stages (Dubai/Sharjah; Al Dhafra) remain forecast for later in 2026.

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  • ProjectNigeria26 June 2026

    FG completes handover of Enugu Airport to Aero Alliance under PPP agreement

    The Federal Government completed handover of Enugu International Airport to concessionaire Aero Alliance under a PPP agreement, with the process publicly credited in part to Enugu State government facilitation. This is the only one of the four original 2022-round airport concession processes that converted to an executed, operating concession.

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  • RegulatoryQatar25 June 2026

    Qatar enacts amendments to the Labour Law

    HH the Amir issued Law No. 9 of 2026, amending Law No. 14 of 2004 (the Labour Law), published in the Official Gazette on 25 June 2026. The amendments cover recruitment-office licensing, restore the non-compete duration to two years, introduce a vocational-certification requirement for designated professions, exclude part-time/freelance work from the Law's scope pending separate rules, mandate joint employer-employee committees for firms with 100 or more staff, and strengthen strike, dispute-resolution, and wage-protection enforcement.

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  • ProjectQatar24 June 2026

    Kahramaa awards grid-expansion contracts to connect Dukhan Solar Project

    Qatar General Electricity and Water Corporation (Kahramaa) awarded contracts worth more than QAR 2.2 billion (~US$605 million) to expand and reinforce the electricity transmission network in western Qatar, integrating the 2GW Dukhan Solar PV Project — Qatar's largest-ever solar project — into the national grid ahead of its targeted 2029 connection. Contractors awarded include Voltage Engineering, Larsen & Toubro, LS Cable, and the Best & Betas consortium, covering substation construction/upgrades and new underground and overhead transmission lines.

  • RegulatoryNigeria23 June 2026

    ICRC unveils Nigeria Model PPP Agreement Version 1.0

    The Infrastructure Concession Regulatory Commission unveiled the Nigeria Model PPP Agreement Version 1.0, alongside the 2025 PPP Process Guidelines — a new, current supporting legal/procedural instrument materially affecting how future federal PPP concessions, including Badagry Deep Sea Port, will be structured.

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  • ProjectUnited Arab Emirates15 June 2026

    EWEC awards 2.6GW Taweelah C IPP to TAQA-led consortium; PPA signed through 2050

    EWEC awarded the 2.6GW Taweelah C CCGT IPP to a TAQA-led consortium (with Aljomaih Energy and Water Company and Sembcorp Industries), with the PPA signed through 2050. Financial close not yet confirmed.

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  • ProjectKenya13 June 2026

    KETRACO commissions Isinya–Konza 400kV transmission line

    A 48km double-circuit high-voltage line and new 400/132/66kV Konza substation were completed and commissioned, directly underpinning power supply to Konza Technopolis and strengthening the southern Nairobi grid corridor.

  • ProjectNigeria11 June 2026

    Federal Ministry of Finance and Rand Merchant Bank secure $1.8bn financing for Kano–Maradi Railway

    The Federal Ministry of Finance and Rand Merchant Bank confirmed a $1.8bn financing package for the Kaduna–Kano and Kano–Daura–Katsina rail sections. Full drawdown of the financing is not yet achieved — reporting explicitly notes funds from other financial partners have yet to be released.

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  • RegulatoryQatar9 June 2026

    Cabinet expands non-Qatari real estate ownership to Simaisma Resort and Beach Project

    Cabinet Decision No. 21 of 2026, published in Official Gazette Issue No. 9 of 2026, amends Council of Ministers Decision No. 28 of 2020 on non-Qatari ownership and usufruct rights in designated real estate zones, adding the Simaisma Resort and Beach Project — developed by Qatari Diar and led by the Ministry of Municipality — as area No. 70 on the list of zones open to foreign property ownership. The decision entered into force upon Official Gazette publication.

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  • RegulatorySaudi Arabia1 June 2026

    CMA removes Qualified Foreign Investor eligibility framework

    The Capital Market Authority removed the Qualified Foreign Investor (QFI) eligibility framework, opening Tadawul to all foreign investors; Investment Law reform is moving toward a registration-based (rather than licensing-based) foreign investment model.

  • ProjectNigeria21 May 2026

    NLNG Train 7 reaches 92% completion, enters pre-commissioning

    Nigeria LNG Train 7 reached 92% physical completion and entered systems completion and pre-commissioning, on a credible glide path toward a 2027 commissioning target.

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  • ProjectUnited Arab Emirates15 May 2026

    Mirfa 2 RO desalination project reaches financial close

    The Mirfa 2 reverse-osmosis desalination IWP reached financial close, on track to become the third-largest RO plant in the UAE (546,000 m3/day capacity).

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  • MarketKenya15 May 2026

    Kenya's PPP pipeline reaches 40 active projects, Sh1.7tn programme

    The PPP Director-General announced at the Kenya PPP Symposium 2026 that 10 projects are under implementation and 41 more across the pipeline, targeting Sh70bn in private capital for FY2026/27 — the clearest official signal of the scale and acceleration of Kenya's PPP programme as a market. Programme-level signal; deliberately not linked to any single Infrastructure record (see Section 10.B of the master — an editorial interface, not a per-project relationship).

  • MarketSouth Africa13 May 2026

    OPEC Fund provides $150m infrastructure-reform loan

    South Africa secured a USD150 million development-policy loan for infrastructure-related reforms — supporting enabling reforms rather than one named asset.

  • RegulatoryKenya11 May 2026

    Konza Technopolis Development Authority renamed under new Technopolis Act

    President Ruto assented to the Technopolis Act, 2026 on 11 May 2026 (gazetted 15 May 2026 as Kenya Gazette Supplement No. 120, Act No. 13 of 2026), renaming the Konza Technopolis Development Authority (KoTDA) to the Technopolis Development Authority — an institutional/legal upgrade ahead of Konza's stated "acceleration phase." Now backed by a genuine Tier 1 Kenya Law/Gazette source, upgraded from the master's original press-only sourcing via the targeted verification gate.

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  • RegulatoryUnited Kingdom1 May 2026

    Southern Water submits Development Consent Order for Havant Thicket Reservoir

    Southern Water submitted the Development Consent Order application for Havant Thicket Reservoir — the first new major UK reservoir in 30 years. DCO submitted, not yet consented, as of this cut-off; reservoir shell construction has been ongoing since 2022 under separate consents.

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  • RegulatoryUnited Kingdom1 May 2026

    HS2 Ltd six-monthly Parliamentary report: total cost £87.7-102.7bn, Old Oak Common-Curzon Street opening 2036-2039

    HS2 Ltd's statutory six-monthly Parliamentary report (corroborated by the National Audit Office, June 2026) confirmed total programme cost of £87.7-102.7bn and revised the Old Oak Common-Curzon Street opening to 2036-2039, with the full Euston-Curzon Street route now targeted for 2040-2043. Forecasts, not achieved milestones.

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  • ProjectSouth Africa1 May 2026

    Senqu Bridge opens within LHWP Phase II

    The 825-metre Senqu Bridge was launched as enabling infrastructure for the future Polihali reservoir while the main Phase II works remained under construction — a verifiable physical milestone in a strategic cross-border water project.

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  • ProjectOman15 April 2026

    Hafeet Rail reaches 40% construction completion

    The Government of Oman's own confirmation (fm.gov.om) reported Hafeet Rail construction at 40% completion, with over 27 million cubic metres of earthworks completed and tunnelling advancing through the Hajar Mountains. Reported April 2026.

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  • ProjectUnited Kingdom13 April 2026

    Rolls-Royce SMR and GBE-N sign Wylfa technology-design contract, backed by up to £599m National Wealth Fund loan

    Rolls-Royce SMR and Great British Energy – Nuclear signed a technology-design and site-specific-design contract for the Wylfa SMR programme, backed by a National Wealth Fund loan facility of up to £599m to Rolls-Royce SMR Limited (the technology company, not project-level debt). Pre-FID.

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  • RegulatorySaudi Arabia10 April 2026

    CMA-approved Companies Law Executive Regulation amendments

    The Capital Market Authority approved amendments to the Companies Law Executive Regulation, covering board-removal mechanics, profit-distribution rules, beneficial-ownership disclosure, and a unified national commercial register.

  • RegulatoryUnited Kingdom1 April 2026

    Euston Delivery Company Limited established as single directing mind for HS2's Euston scope

    Euston Delivery Company Limited was established as a newly-formed HS2 Ltd delivery vehicle — the single directing mind for the Euston station scope of the HS2 programme (£3.8bn spent to date, a further £4.1bn anticipated). Not a rename of HS2 Ltd; a distinct subsidiary/delivery vehicle for one station's scope.

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  • ProjectSaudi Arabia1 April 2026

    Jubail Commercial Port container terminal concession awarded; operations commence

    Following Mawani's award of a 20-year BOT-style concession to Saudi Global Ports (via Modern Port Services Company) as part of an 8-port, SAR 2.2bn multipurpose-terminal programme, container terminal operations at Jubail Commercial Port commenced 1 April 2026 — quay extended to 1,400m, capacity increased from 1.5M to 2.4M TEU/year.

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  • RegulatoryQatar29 March 2026

    Qatar exempts intra-group restructuring from capital gains tax

    The General Tax Authority announced a capital gains tax exemption for qualifying intra-group restructuring transactions — including mergers, demergers, in-kind contributions, and listing-related reorganizations — applicable to transactions carried out on or after 2 March 2026. Companies must apply to the GTA to benefit, and non-compliance may result in retroactive withdrawal of the exemption.

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  • RegulatoryQatar15 March 2026

    Qatar introduces direct tax-treaty relief on withholding tax

    Cabinet Decision No. 4 of 2026, amending the Executive Regulations of the Income Tax Law (Law No. 24 of 2018), was published in the Official Gazette on 15 March 2026 and took effect the following day. It introduces a 'Trusted Entity' regime under which approved entities may apply double-taxation-agreement withholding tax relief directly at source on payments to non-residents, replacing the prior refund-based system.

  • MarketSouth Africa6 March 2026

    World Bank backs infrastructure credit-guarantee mobilisation

    The World Bank approved financing for a South African credit-guarantee initiative intended to crowd in private infrastructure capital, with transmission expansion a central use case — connecting project-pipeline quality to bankability, risk allocation and private-finance mobilisation.

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  • MarketUnited Arab Emirates1 March 2026

    Abu Dhabi launches AED 55bn public-private partnership pipeline across 24 infrastructure projects

    ADIO and the Abu Dhabi Projects and Infrastructure Centre jointly launched an AED 55bn PPP pipeline of 24 infrastructure projects across transport, core infrastructure, and social infrastructure, to be brought to market 2026-2027.

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  • ProjectUnited Kingdom20 February 2026

    EDF confirms Hinkley Point C cost rise to £48-50bn and delay to 2030

    EDF's 2026 accounts confirmed Hinkley Point C's total cost has risen to £48-50bn (from ~£18bn at 2015 FID), with Unit 1 now expected in 2030. A forecast timing, not yet an achieved milestone as of this cut-off.

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  • ProjectSouth Africa20 February 2026

    MyCiTi Phase 2A advances at Claremont

    The City of Cape Town invited public-art proposals for the new Claremont MyCiTi station while the broader Phase 2A corridor remained under construction — a current municipal-delivery signal alongside the national programmes.

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  • MarketQatar16 February 2026

    Ashghal unveils QR11.5 billion infrastructure project package

    Qatar's Public Works Authority (Ashghal) announced the tendering and awarding of 20 new projects worth approximately QAR 11.5 billion (~US$3.16 billion), spanning roads, drainage, public buildings, and essential-service facilities in line with Qatar National Vision 2030. Twelve projects worth over QAR 4.5 billion were awarded; a further eight projects worth approximately QAR 7 billion — including two major drainage tunnels in the southern region — are scheduled to enter tender.

  • ProjectQatar16 February 2026

    Ashghal awards Hamad General Hospital Safety Improvement contract

    Qatar's Public Works Authority (Ashghal) awarded the Hamad General Hospital Safety Improvement RMP (Main Packages 1–3) contract, valued at approximately QAR 1.179 billion (~US$323.8 million), to a joint venture of IMAR Trading and Contracting Co. and Al Sraiya Trading and Contracting Co. The project covers a comprehensive renovation and modernization of infrastructure, systems, and patient-safety facilities at one of Qatar's key public hospitals.

  • RegulatoryQatar12 February 2026

    Qatar adopts Global and Domestic Minimum Tax implementing rules

    Council of Ministers Resolution No. 2 of 2026, published in the Official Gazette on 12 February 2026, adopts the Rules for the Application of the Global Minimum Tax and the Domestic Minimum Top-Up Tax, implementing Qatar's OECD Pillar Two framework enacted under Law No. 22 of 2024. The rules apply to fiscal years beginning on or after 1 January 2025 and target multinational groups with consolidated revenues of at least EUR 750 million.

  • RegulatoryQatar1 February 2026

    QICCA introduces new Conciliation Rules

    The Qatar International Center for Conciliation and Arbitration (QICCA), part of the Qatar Chamber, announced on 31 January 2026 that its updated Conciliation Rules would take effect from 1 February 2026, applying to cases registered on or after that date. The rules are intended to provide a more flexible, efficient and transparent framework for commercial dispute resolution.

  • ProjectKenya23 January 2026

    MTRH Ultra-Modern College of Health Sciences PPP tender closes

    Tender for the 30-year PPP-financed medical training complex at Moi Teaching and Referral Hospital closed — the first Kenyan healthcare-education PPP of this structure/scale to reach tender close.

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  • ProjectSaudi Arabia20 January 2026

    NREP Round 7 tendered — 5.3 GW across 6 projects

    SPPC opened tendering for National Renewable Energy Program Round 7: 5.3 GW across 4 solar and 2 wind projects.

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  • RegulatorySaudi Arabia15 January 2026

    National Privatization Strategy launched

    Saudi Arabia launched its National Privatization Strategy (Cabinet-approved November 2025), targeting 220+ PPP contracts and SAR 240 billion in private capital by 2030, with eligible sectors widened from 10 to 18.

  • ProjectQatar15 January 2026

    Facility E IWPP secures project financing led by JBIC

    The Japan Bank for International Cooperation (JBIC) signed a loan agreement on 15 January 2026 providing approximately US$990 million toward the Facility E natural gas-fired power generation and desalination project, part of a total co-financing package of approximately US$2.97 billion alongside the Export-Import Bank of Korea, Korea Development Bank, KEXIM Global, and private lenders. The borrower is Ras Abu Fontas Power Company (led by Sumitomo Corporation), which will build, own and operate a ~2,400 MW gas-fired plant and ~110 MIGD desalination facility under a 25-year offtake agreement with Kahramaa.

  • RegulatoryUnited Kingdom14 January 2026

    UK Allocation Round 7 secures record 8.4GW of offshore wind capacity

    Ofgem's Allocation Round 7 secured a record 8.4GW of UK offshore wind capacity via Contracts for Difference, including Norfolk Vanguard East & West and Berwick Bank Phase B. Sector-level market development, not tied to a single project record.

  • ProjectUnited Kingdom14 January 2026

    SSE secures CfD for Berwick Bank Phase B — only Scottish AR7 award

    SSE Renewables secured a Contract for Difference for Berwick Bank Wind Farm Phase B in Allocation Round 7 — the only successful Scottish fixed-bottom offshore wind award in the round. Strike price £89.49/MWh (2024 prices, CPI-indexed), 20-year term.

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  • MarketUnited Kingdom14 January 2026

    RWE and KKR agree 50/50 partnership on Norfolk Vanguard East & West following AR7 award

    RWE and KKR agreed a 50/50 partnership on the Norfolk Vanguard East and West offshore wind projects (3.1GW combined) following their Allocation Round 7 CfD award — the largest single AR7 award. KKR's 50% acquisition into each RWE-developed asset is subject to customary regulatory approvals, closing expected summer 2026.

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  • RegulatoryQatar7 January 2026

    Cabinet approves draft amendments to Qatar's Foreign Investment Law

    At its regular session on 7 January 2026, Qatar's Cabinet examined and approved a draft law, prepared by the Ministry of Commerce and Industry, amending certain provisions of Law No. 1 of 2019 on the Regulation of Non-Qatari Capital Investment in Economic Activity. The stated aim is to strengthen factors attracting foreign investment and raise the private sector's contribution to GDP under the Third National Development Strategy 2024-2030. This is a Cabinet-level draft approval, not yet an enacted law; the specific amended provisions have not been publicly detailed.

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  • MarketSouth Africa1 January 2026

    ISA publishes the 2026/27 Construction Book

    Infrastructure South Africa listed the 2026/27 Construction Book as the successor to its 2025/26 edition, which identifies funded projects expected to reach construction tender within the following 18 months — a national, forward-looking procurement signal, without treating all public procurement as infrastructure intelligence.

  • MarketSouth Africa9 December 2025

    First sovereign Infrastructure and Development Finance Bond

    National Treasury announced the country’s first sovereign instrument expressly framed for infrastructure and development finance — a material funding-channel development for the infrastructure market, though not itself an Infrastructure Project record.

  • MarketQatar9 December 2025

    Brookfield and Qai form AI infrastructure investment partnership

    Brookfield Asset Management and Qai — Qatar's AI investment company, a subsidiary of Qatar Investment Authority (QIA) — announced on 9 December 2025 a strategic partnership to establish a US$20 billion joint venture developing AI infrastructure, including fully integrated AI/data-centre facilities, in Qatar and select international markets. The partnership will receive strategic support from the Government of Qatar to build the skills and supply chain underpinning AI infrastructure and forms a cornerstone of Brookfield's global AI infrastructure programme, which targets up to $100 billion of total investment worldwide.

  • ProjectUnited Arab Emirates15 November 2025

    DEWA invites proposals for 2,000MW seventh phase of MBR Al Maktoum Solar Park with 8.4GWh storage

    DEWA opened the tender for Phase 7 of the Mohammed bin Rashid Al Maktoum Solar Park — 2,000MW PV plus 1,400MW/8,400MWh battery storage, one of the world's largest proposed solar-plus-storage projects. No award reported as of the research cutoff.

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  • ProjectSaudi Arabia15 October 2025

    NREP Round 6 awards 4.5 GW of renewable capacity

    Saudi Power Procurement Company (SPPC) awarded National Renewable Energy Program Round 6, comprising 3 GW of solar (including the 1.4 GW Najran project) and 1.5 GW of wind (Dawadmi).

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  • ProjectOman15 August 2025

    SEPCO3/Doosan Enerbility consortium appointed EPC contractor for Misfah and Duqm CCGT plants

    The Shandong Electric Power Construction No. 3 Company (SEPCO3) / Doosan Enerbility consortium was appointed EPC contractor for both the Misfah IPP (1,600MW) and Duqm IPP (800MW) CCGT plants; Doosan's contract portion alone reported at $683M. Reported approximately Q3 2025 — exact day not independently confirmed.

  • RegulatoryOman30 June 2025

    Tender Board Secretariat renamed Projects, Tenders, and Local Content Authority (Royal Decree 57/2025)

    Oman's public procurement authority was renamed from the Secretariat General of the Tender Board to the Projects, Tenders, and Local Content Authority (PTLCA) by Royal Decree 57/2025 — a material 2025 institutional restructuring. Exact date within 2025 not independently confirmed this pass.

  • RegulatoryOman30 June 2025

    Personal Income Tax Law issued (Royal Decree 56/2025)

    Oman issued its first-ever Personal Income Tax Law via Royal Decree 56/2025, a major recent legal reform. Exact issuance date within 2025 not independently confirmed this pass; year confirmed via Oman's official Decree tracking portal (decree.om).

  • ProjectSouth Africa30 May 2025

    Scatec selected for a 103 MW grid-storage project

    Scatec announced selection for a 103 MW battery-storage project, with Scatec, STANLIB-managed funds and a community trust identified in the ownership structure — connecting the BESIPPPP programme to a named private participant, ownership structure and delivery capability.

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  • ProjectSaudi Arabia15 February 2025

    Al Haer ISTP reaches financial close

    The Al Haer Independent Sewage Treatment Plant (sponsor consortium Miahona 45% / Marafiq 35% / BESIX) reached financial close (~February 2025); commercial operation is targeted for Q4 2026.

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  • RegulatoryOman1 January 2025

    New Banking Law (Royal Decree 2/2025) takes effect, repealing Royal Decree 114/2000

    Oman's new Banking Law (Royal Decree 2/2025) took effect 1 January 2025, expressly repealing and replacing the predecessor Royal Decree 114/2000. Reorganised Central Bank of Oman governance (Governor replacing Executive President) followed under Royal Decree 3/2025.