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Al Mouj marks 20 years with RO878mn contribution to Oman GDP

June 28, 2026·Muscat DailyEconomy

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

Al Mouj's two-decade operational history reflects Oman's broader diversification strategy away from oil dependency, with the tourism and real estate sector representing a material component of non-hydrocarbon GDP growth. The company's cumulative contribution to the national economy illustrates how anchored projects in the GCC leisure and hospitality space have functioned as sustained employment generators and foreign exchange earners, particularly relevant as Oman navigates fiscal consolidation pressures. Long-term tourism infrastructure projects in the Gulf have historically demonstrated cyclical sensitivity to regional geopolitical conditions, global travel demand, and domestic credit conditions, factors that shape sectoral revenue stability and capital allocation patterns across GCC mar

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