Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

about 13 years ago

Re: Hard To Argue With Real Estate In The Middle East - And It's Growing

Omagine

about 13 years ago

Hard To Argue With Real Estate In The Middle East - And It's Growing

Omagine

about 13 years ago

I recently saw a friend of mine that was in from Dubai to visit friends. She told me real estate in the middle east was back in full swing after taking a brief pause during the 2008 crisis.

I asked her about Oman and she advised it is becoming more and more of a tourism spot for families.

I love data as much as anybody but local intelligence can be just as valuable sometimes.

Best,

George