Oman's biggest property project is heading for a recovery after being hit by the global recession, as it benefits from heavy government spending since last year, a senior project official said on Monday.
The project, Wave Muscat, will
The chief executive of Oman's $2.5 billion waterfront property development company The Wave Muscat, which is 50 percent owned by Dubai's Majid Al-Futtaim Group, has resigned, an industry source said.
"Nick Smith's resignation was accepted
The Wave, Muscat has announced the appointment of Stuart Ingram, a real estate veteran, as its new chief operating officer.
The Wave, Muscat, is being developed through a joint venture comprising Oman’s Waterfront Investments (represe
Canada-based Fairmont Hotels and Resorts, controlled by Saudi billionaire Prince Alwaleed, signed a deal on Thursday to build a $100 million hotel in Oman.
The hotel will be part of the Wave Muscat development, a project which will include