Omran, Majid Al Futtaim Lays Foundation Stone for Muscat’s “City for the Future”

Oman Tourism Development Company (Omran), the tourism arm of Oman's government, and UAE's retail giant Majid Al Futtaim hosted a ceremony on November 14 to lay the foundation stone for Madinat Al Irfan, Muscat’s n ...

Omran, DAMAC Jointly Start Groundwork for Transformation of Oman’s MASQ

Oman-based developer Oman Tourism Development Company (Omran) and Dubai’s real estate developer DAMAC Properties have jointly started the groundwork for the transformation of Oman's historical Mina Al Sultan Qaboo ...

Majid Al Futtaim to Build New Mall in Oman

Dubai-based retail and leisure developer Majid Al Futtaim plans to establish a new mall in Oman, Invest-Gate reports.

No rent hike this year: Muscat Municipality

“So far, we have not discussed reviewing rental fees this year. Most probably, there will be no increase this year,” Salim Mohammed Al Ghamary, a Muscat Municipality Council member, told Times of Oman

Oman Secures AFESD Loan

The government of Oman has signed two loan agreements over $357 mn with the Arab Fund for Economic and Social Development (AFESD) to finance infrastructure projects, reported Trade Arabia

Al Noor Projects in Oman to be Finished by 2018

Property Developer, Zawaya Development, is to deliver its residential and commercial Al Noor Projects in the first quarter of 2018, reported Muscat Daily

Oman to Build New Tourism Projects

The National Development & Investment Company (ASAAS), a joint venture of several Omani government agencies, plans to build a new tourism and leisure destination in Barka, a coastal city in Northern Oman, reported ...

Al Sedrah Launches Lotus Complex at Ras Al Hamra

Oman-based real estate investor and developer Al Sedrah Real Estate unveiled plans for a residential project, Lotus Complex, at Ras al Hamra in Qurm, Oman, reported Times of Oman on Wednesday

Al Hajiry Trading to Develop Mazaya Residences, Oman

Al Mazaya Group Holding, an Omani developer, has awarded a - OMR 5.7mn- contract (AED 54.38mn) to Al Hajiry Trading for building and maintaining its upcoming project Mazaya Residences, reported Gulf News on Tuesday

Oman’s Real Estate Market in Recovery

The real estate market in the Sultanate of Oman is showing signs of recovery, according to a real estate official, reported the Times of Oman on Saturday.

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