Oman unveils 12 investment projects in Muscat, including four waterfront developments
Dubai: Oman has unveiled 12 development opportunities in Muscat, including four major waterfront projects, as Oman seeks to attract private investment into tourism, leisure, commercial facilities and public spaces. This was announced by the Muscat Municipality, which said the opportunities would be showcased at the Ministry of Housing and Urban Planning’s Urban October 2026 event and offered to…
Oman has announced 12 investment projects in Muscat, with a focus on waterfront developments, as part of efforts to attract private investment into tourism, leisure, and commercial facilities. The Muscat Municipality revealed the opportunities, which would be showcased at the Ministry of Housing and Urban Planning's Urban October 2026 event and offered to investors on long-term terms.
Four waterfront projects - in Qurum, Muttrah, Seeb, and Qurayyat - span over 1.2 million square meters and include features such as promenades, kiosks, seafront cafés, and markets. Farid Khalfan Al Rjebi, investment adviser at Muscat Municipality, stated that the designated uses for the sites align with market demand, and designs for several projects are already advanced.
Among the other opportunities is Al Thalath, near Mall of Oman, a four-star hotel with 220 rooms and 10,100 square meters of leasable office space, awaiting an investor to finance construction.
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