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.
Oman's Strong Tourism Potential Fuels Demand For Projects Worth Billions of Dollars
Muscat Daily staff writer
November 18, 2015
Muscat - Notwithstanding the economic slowdown that has occurred due to falling oil prices this year, the hospitality industry along with real estate is one sector that has continued to show robustness and growth prospects capable of steering the economy in-tandem.
Please
login
to post a reply
AGORACOM Administrator
City
Vancouver
Rank
Administrator
Activity Points
10963
Rating
Date Joined
01/14/2013
Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website