Tag: Oman

Construction & Real Estate

$4.53m villa sale recorded at Oman's AIDA by DarGlobal

Whitewill, the international luxury real estate agency operating across the UK, USA, UAE and Oman markets, has recorded an OMR1.74 million ($4.53 million) Fendi Casa Villa sale at AIDA by DarGlobal, one of the highest-value villa transactions within the development. ...

Construction & Real Estate

Oman seeks supervisory consultancy services bids for 300MW solar project

Oman’s Nama Power and Water Procurement Company (PWP) has announced that it is seeking bids from qualified companies for providing project management and supervisory consultancy services for the 300MW Marsa Solar Independent Power Project (IPP) in the sultanate. ...

Construction & Real Estate

O-Green achieves financial close for Oman’s largest industrial solar project

O-Green, a green infrastructure platform jointly owned by Naqaa Sustainable Energy and OQ Alternative Energy, said it has achieved the financial close for the largest solar energy project in Oman. The landmark 93MW solar project is being developed in partnership with Madayn at Sohar Industrial City....

Construction & Real Estate

Oman unveils $31m hospitality projects in Al Hamra, Mirbat

Oman’s Ministry of Heritage and Tourism has signed two usufruct agreements to establish a four-star resort in the Wilayat of Al Hamra in A’Dakhiliyah Governorate and a five-star hotel in the Wilayat of Mirbat in Dhofar Governorate, with an investment cost exceeding $31 million....

Construction & Real Estate

Asyad in deal to build business complex at Muscat Airport Free Zone

Oman's Asyad Group has signed its first usufruct agreement with Nama Real Estate for the construction of a commercial complex within the Muscat Airport Free Zone. Spanning 25,000 sq m area, the key facility will boast smart offices and hitech workspaces designed to serve both regional and global companies. ...

Construction & Real Estate

Oman design build expo ends on successful note; $1.14bn deals inked

The Oman Real Estate, Design & Build Exhibition and Conference ended on a successful note with agreements worth over RO443 million ($1.14 billion) signed during the four-day event. This year's expo attracted more than 35,000 visitors and witnessed broad participation from leading investors and developers. ...

Construction & Real Estate

Dubai Investments explores investment opportunities in Oman

A delegation of Dubai Investments has held a high-level meeting with Dr Khalfan bin Saeed Al-Shuaili, Minister of Housing and Urban Planning of Oman, exploring potential investment opportunities in Oman....

Construction & Real Estate

Retal lands contract for $830m residential community in Sultan Haitham City

Leading Saudi developer Retal has secured a key contract from Oman for the development of an integrated residential community on a 1.3 million sq m area within Sultan Haitham City in Muscat. A $830 million project, it will boast over 2,000 residential units as well as other key amenities....

Construction & Real Estate

Sohar Titanium project reaches production stage

Sohar Titanium project in Oman has reached 90 per cent completion, marking its transition into the final development phase, said DUBAL Holding, the Dubai Government’s investment arm in commodities and industrial sectors....

Construction & Real Estate

Oman awards $104m Sultan Haitham City contracts

Oman has announced a package of strategic agreements linked to its future cities, led by the sultanate's key development Sultan Haitham City. The 12th package valued at RO40 million ($104 million) involves construction of external roads, bridges and underpasses connecting Muscat Expressway to mega project City. ...

Construction & Real Estate

Oman launches ambitious Greater Muscat Structure Plan

Oman has officially launched the Greater Muscat Structure Plan, a landmark urban strategy that lays out a bold vision to transform the capital region into one of the Middle East’s most sustainable, connected and competitive metropolitan areas....

Construction & Real Estate

Steel, construction projects lead $519m industrial push in Oman

Oman's Public Authority for Special Economic Zones and Free Zones has signed RO200 million ($519 million) agreements to establish a portfolio of industrial projects across its free zones, supporting its push to build an export-oriented industrial base spanning steel, construction and industrial products, said a report. ...

Construction & Real Estate

Omran seeks bid for Majlis Al Jinn Cave Development project facilities

Oman Tourism Development Company (Omran) has invited qualified specialised and experienced contractors to submit bids for the design and construction of the main building and associated facilities for the Majlis Al Jinn Cave Development Project....

Construction & Real Estate

Oman's Nama signs new power purchase deals for 3,500MW projects

Oman's Nama Power and Water Procurement Company (PWP) has signed new power purchase agreements with three independent power producers - Phoenix, Al Batinah and Al Suwadi Power - for gas-fired power projects with a combined capacity of 3,500MW in the sultanate. ...