Arabian Gulf Business Insight on MSN

Oman signs car factory deal with China’s Spruce

Oman’s Khazaen Economic City has signed an agreement with Chinese company Spruce Group to set up a vehicle assembly and production centre. Spruce Group will make an initial investment of OMR5 million ...
Oman vehicle numbers near 2m in 2026, with private cars at 79.2 per cent. But which colour dominates the country’s roads?
In a significant shake-up of Oman’s motor insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now mandate compensation from insurers if car repairs aren’t ...