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.

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Oman observer article

Omagine

about 8 years ago

These articles usually pop up after filings. But this one actually has an author attached, typically they have been by "staff writer" and the accompanying image is not one I have seen before

http://omanobserver.om/phase-1-omagine-project-gets-shareholders-nod/