![Muscat, Oman – 21st June 2017: DAMAC International has been chosen by the Government of Oman to develop its Port Sultan Qaboos into a world-class, waterfront mix use destination through a joint venture with Omran, the government’s investment, growth and development arm. ‘Mina Sultan Qaboos Waterfront’ is being redeveloped into a USD1 billion integrated tourist port and lifestyle destination that includes hotels, residences, as well as a dining, retail and leisure offering. Courtesy Damac *** Local Caption *** bz22ju-Mina-Sultan-Qaboos.jpg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/EIHNIFNWQRWZD7CZ5XZWXVTDUI.jpg?smart=true&auth=cfe92086d5dfd0841d99e0823fd73d0ab7ffc76b352b47aec909a2b52967cfd0&width=400&height=225)
Port Sultan Qaboos is to be developed into a world-class, waterfront mix use destination through a joint venture. Damac
Port Sultan Qaboos is to be developed into a world-class, waterfront mix use destination through a joint venture. Damac
Investment in SMEs is crucial for Oman’s economic growth
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Mohammed Alardhi is the executive chairman of Investcorp and the chairman of Sohar International Bank
12 March, 2024