On 21 October 2026, during Sultan Haitham bin Tarik of Oman's three-day state visit, the UK government announced plans for over £1bn in new investment intended to generate jobs and opportunity in both countries. Prime Minister Andy Burnham was due to host the Sultan at Downing Street that day, when an agreement to accelerate two-way investment was expected to be signed, building on the 2022 UK-Oman Sovereign Investment Partnership. UK Export Finance planned to raise its financing capacity up to £7bn for UK exports to Oman.

The government said UK-founded Yamna was set to sign an agreement to build a large-scale AI data centre in Salalah, with a first phase expected to exceed £1bn and create over 100 highly skilled jobs across the UK. Officials also expected a maritime cooperation memorandum with the Omani Maritime Security Centre, new agreements on AI use in education and space cooperation, the return of the Chevening scholarship programme, with applications from August 2027, and a diplomatic partnership pathway.