Latest news with #IntegratedTourismComplex
Mid East Info
30-07-2025
- Business
- Mid East Info
Abu Dhabi Fund for Development Participates in the Groundbreaking Ceremony of Oman's Integrated Tourism Complex Project
The project is part of ADFD's investment strategy to accelerate sustainable economic development Abu Dhabi, UAE – July 2025: Abu Dhabi Fund for Development (ADFD) has participated in the groundbreaking ceremony for the Integrated Tourism Complex project in Salalah, Oman, with a total investment of AED764.5 million, underscoring its ongoing commitment to enabling key development projects in the tourism sector. The project aligns with the Fund's broader strategy to foster sustainable growth in partner nations through high-impact projects that promote economic diversification and strengthen tourism infrastructure. Attending the investment's groundbreaking ceremony was attended on the Omani side by His Excellency Azzan Al Busaidi, Undersecretary of the Ministry of Heritage and Tourism for Tourism, and the Manager of Dhofar Municipality. Representing Abu Dhabi Fund for Development were Eng. Rashid Al Kaabi, Executive Director of the Investment Sector, and Eng. Mohammed Al Hamedi, Technical and Admin Support Manager. Reinforcing the project's role as one of the most significant UAE investments in Oman's tourism sector. Spanning across a total area of 2.5 million square meters in Jinawf, Oman, the development aims to significantly enhance the city's tourism infrastructure and capacity through the construction of world-class hospitality facilities. Additionally, the project promotes the national goal of economic diversification and reinforces Oman's position as a leading tourism hub regionally and globally. The first phase of the project spans approximately 604,000 square meters, including the construction of a luxury resort which comprises over 120 rooms and chalets, as well as the developments of the marina, the rehabilitation of coastal and beachfront areas, and the implementation of essential infrastructure works, including roads and public utilities. These integrated components aim to deliver a seamless visitor experience, enhancing Salalah's tourism profile and contributing significantly to the sector's sustainable development. H.E. Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, stated: 'This project is a testament to the deep-rooted strategic ties between the United Arab Emirates and the Sultanate of Oman. It reaffirms ADFD's ongoing commitment to supporting the development strategies of partner nations through investments that enable economic growth and generate a positive, sustainable impact for local communities. The project also reflects our vision of economic diversification and our proactive approach to advancing sustainable development through meaningful regional partnerships and shared prosperity.' H.E. Azzan Al Busaidi, Undersecretary of the Ministry of Heritage and Tourism for Tourism in Oman, emphasized that the project is expected to create hundreds of direct and indirect job opportunities while stimulating growth across key economic sectors. He added that it will enhance local capabilities through the integration of SMEs in key projects and offering training and capacity-building programs for Omani nationals in the fields of hospitality and tourism. The initiative aligns with Oman Vision 2040, which positions tourism as a central aspect for economic diversification, particularly in regions with abundant natural resources such as Dhofar. Aligned with ADFD's strategic investment goals, the project goes beyond enabling Oman's economic and tourism development. It also will bolster the tourism's sector's contribution to Oman's GDP, generate employment opportunities and support infrastructure development, further solidifying the country's position as a leading tourism hub in the region. This landmark initiative is a testament to decades of productive bilateral cooperation between the UAE and Oman, defined by diversified economic relations and robust strategic partnerships. Aligned with sustainable development goals and regional integration, the project aims to shape a prosperous economic future that advances the shared vision of both nations and their communities.
Tourism Breaking News
29-07-2025
- Business
- Tourism Breaking News
Abu Dhabi Fund for Development invests AED 764.5million in Oman's integrated tourism complex project, Salalah
Post Views: 52 Abu Dhabi Fund for Development (ADFD) participated in the groundbreaking ceremony for the Integrated Tourism Complex project in Salalah, Oman, with a total investment of AED764.5 million, underscoring its ongoing commitment to enabling key development projects in the tourism sector. The project aligns with the Fund's broader strategy to foster sustainable growth in partner nations through high-impact projects that promote economic diversification and strengthen tourism infrastructure. Spanning across a total area of 2.5 million square meters in Jinawf, Oman, the development aims to significantly enhance the city's tourism infrastructure and capacity through the construction of world-class hospitality facilities. Additionally, the project promotes the national goal of economic diversification and reinforces Oman's position as a leading tourism hub regionally and globally. Attending the investment's groundbreaking ceremony ceremony was attended on the Omani side by His Excellency Azzan Al Busaidi, Undersecretary of the Ministry of Heritage and Tourism for Tourism, and the Manager of Dhofar Municipality. Representing Abu Dhabi Fund for Development were Eng. Rashid Al Kaabi, Executive Director of the Investment Sector, and Eng. Mohammed Al Hamedi, Technical and Admin Support Manager. Reinforcing the project's role as one of the most significant UAE investments in Oman's tourism sector. The first phase of the project spans approximately 604,000 square meters, including the construction of a luxury resort which comprises over 120 rooms and chalets, as well as the developments of the marina, the rehabilitation of coastal and beachfront areas, and the implementation of essential infrastructure works, including roads and public utilities. These integrated components aim to deliver a seamless visitor experience, enhancing Salalah's tourism profile and contributing significantly to the sector's sustainable development. H.E. Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, stated: 'This project is a testament to the deep-rooted strategic ties between the United Arab Emirates and the Sultanate of Oman. It reaffirms ADFD's ongoing commitment to supporting the development strategies of partner nations through investments that enable economic growth and generate a positive, sustainable impact for local communities. The project also reflects our vision of economic diversification and our proactive approach to advancing sustainable development through meaningful regional partnerships and shared prosperity.' H.E. Azzan Al Busaidi, Undersecretary of the Ministry of Heritage and Tourism for Tourism in Oman, emphasized that the project is expected to create hundreds of direct and indirect job opportunities while stimulating growth across key economic sectors. He added that it will enhance local capabilities through the integration of SMEs in key projects and offering training and capacity-building programs for Omani nationals in the fields of hospitality and tourism. The initiative aligns with Oman Vision 2040, which positions tourism as a central aspect for economic diversification, particularly in regions with abundant natural resources such as Dhofar. Aligned with ADFD's strategic investment goals, the project goes beyond enabling Oman's economic and tourism development. It also will bolster the tourism's sector's contribution to Oman's GDP, generate employment opportunities and support infrastructure development, further solidifying the country's position as a leading tourism hub in the region. This landmark initiative is a testament to decades of productive bilateral cooperation between the UAE and Oman, defined by diversified economic relations and robust strategic partnerships. Aligned with sustainable development goals and regional integration, the project aims to shape a prosperous economic future that advances the shared vision of both nations and their communities.
Tourism Breaking News
16-07-2025
- Business
- Tourism Breaking News
OMRAN Group announces development progress on Janaen Salalah – Oman's flagship agritourism project
Post Views: 9 OMRAN Group announced notable progress in the early-stage development of Janaen Salalah—a pioneering agritourism project located in Arzat, Salalah. This initiative forms part of Oman's broader strategy to diversify its economy by integrating sustainable tourism with agriculture-based investments. As part of the ongoing development efforts, H.H. Sayyid Marwan bin Turki Al Said, Governor of Dhofar, and H.E. Dr. Saud bin Hamoud Al Habsi, Minister of Agricultural, Fisheries Wealth and Water Resources, conducted a field visit to the project site, accompanied by senior officials from the Group and other key stakeholders. During the visit, they were briefed on the project's key components, development phases, and latest updates. The visit also included the ceremonial planting of the first coconut trees, marking the beginning of the initial cultivation phase. This milestone represents a key step in the broader vision to transform the site into a productive landscape that aligns with the project's agritourism goals. Developed under the Agritourism Development Company, a wholly owned subsidiary of OMRAN Group, Janaen aims to position Sultanate of Oman as a regional leader in agritourism by combining agricultural activity, hospitality, recreation, and community living in one integrated setting. Spanning over 5.5 million square meters, the project's masterplan outlines a well-integrated mix of components, including farm-based accommodations, coconut and papaya processing facilities, educational and recreational areas, and a retail village—all thoughtfully designed to create a dynamic and immersive agritourism experience for both residents and visitors. In preparation for the official construction launch, several foundational activities have been completed as part of Phase 1. These include the finalization of the concept masterplan design, which outlines the strategic integration of agricultural and tourism components. A comprehensive feasibility study has confirmed the project's viability, leading to a formal commitment to initiate Phase 1. Additionally, the project has secured an Integrated Tourism Complex (ITC) license from the Ministry of Heritage and Tourism—a key milestone that allows for foreign ownership and enhances investment potential. An experienced agriculture contractor has also been appointed, and initial plantation works are now underway. Once completed, Janaen Salalah will comprise 250 residential units, a 5-star hotel with 128 keys, and purpose-built zones for eco-recreation, edutainment, and wellness. These features will be complemented by vibrant public spaces and year-round programming that highlight Oman's agricultural heritage and natural landscapes—offering a destination that balances lifestyle, learning, and leisure. 'This development reflects our ongoing commitment to pioneering sustainable tourism models that drive investment, support local agriculture, and create engaging visitor experiences rooted in Oman's natural heritage,' said Mundher Al Moosawi, Board of Managers Member at Janaen. The development aligns with Oman Vision 2040, particularly under the Competitive Economy and Environmental Sustainability pillars. It contributes to national priorities such as economic diversification, governorate development, public-private partnerships, and environmental stewardship—positioning Janaen Salalah as a model for responsible, value-driven tourism growth. As OMRAN Group approaches the launch of the next phase of the Janaen Salalah development, efforts are accelerating to position it as a model destination that embodies innovation, enhances added value, and contributes to sustainable economic returns in collaboration with our strategic partners.
Web Release
07-07-2025
- Business
- Web Release
Whitewill Expands Operations to Oman, Strengthening Regional Real Estate Presence
Whitewill , the international luxury real estate agency, has officially expanded its footprint into Oman, marking a strategic milestone in the agency's regional growth. This positions the firm to meet the increasing demand from investors and end-users seeking opportunities in one of the Gulf's most promising emerging real estate markets. The decision to enter Oman comes as the country undergoes a period of accelerated economic diversification, supported by the government's Vision 2040 strategy. With a stable economy, increasing foreign investment, and progressive policies allowing foreign nationals to acquire freehold property, Oman has rapidly gained attention among global investors. Whitewill began building its Omani operations in 2023, and by 2024, investor demand had grown so significantly that the firm established a dedicated office and team of brokers in Muscat. 'At Whitewill, we are proud to be at the forefront of introducing Oman's promising real estate market to global investors,' said Svetlana Politova, CEO of Whitewill Real Estate in Oman and Abu Dhabi. 'Our focus on Muscat and Salalah reflects a deep understanding of what drives long-term value, combining solid economic fundamentals with exceptional lifestyle and tourism offerings. By partnering with the most reputable developers and establishing a local presence, we ensure our clients gain exclusive access to Oman's best projects. Looking ahead, we are committed to helping shape the future of real estate in Oman, creating investment opportunities that respect its heritage while meeting modern expectations.' Whitewill is already operational in Muscat and Salalah, the only regions in Oman where Integrated Tourism Complex (ITC) zones permit full freehold ownership for foreign investors. Muscat, with its modern infrastructure, administrative significance, and international connectivity, appeals to long-term investors seeking capital growth. Salalah, known for its lush green landscapes and year-round appeal to Gulf and European tourists, offers an attractive option for investors focused on lifestyle-driven, rental-yield properties. Since entering the Omani market, Whitewill has successfully sold hundreds of property units with an upward range of OMR 300,000. The firm's client base spans international investors, expatriates, and regional buyers, including high-net-worth investors from the GCC, Europe, India and more. Demand is particularly strong for holiday homes, rental units, and investment properties in Oman's premium waterfront and master-planned communities. The agency's portfolio in Oman includes over 30 projects from globally recognized and trusted developers such as DarGlobal, SDIC, Muriya by Orascom, Eagle Hills, Saraya Bandar Jissah SAOC, and Al Mouj. The firm also collaborates with respected local developers, including Alargan Towell, Maysan Properties, and Ideal Building Development. Many of these projects benefit from the involvement of Omran Group, the government's development arm, further enhancing investor confidence. Among the standout developments are AIDA by DarGlobal, a luxury, master-planned community perched on a coastal plateau offering villas, townhouses, apartments, branded residences, hotels, and the Trump Golf Club. The Sustainable City Yiti, led by SDIC, is Oman's flagship eco-community, blending sustainable technologies with residential, hospitality, retail, and educational facilities. Upcoming projects include an ultra-luxury beachfront community on Yiti Beach and an exclusive ITC development in Muttrah, Muscat's historic centre, both expected to generate significant investor interest. Looking ahead, Whitewill sees Oman as a long-term growth market for real estate. With the government expanding ITC zones and global developers entering the market, new opportunities are emerging not only in Muscat and Salalah but also in Musandam, Duqm, and Oman's mountainous tourism hubs. The company is committed to supporting this growth by advising developers, tailoring products to investor expectations, and promoting Oman internationally through roadshows, webinars, and targeted events in key global markets. With a multinational team, Whitewill is well-positioned to serve its international clientele and further cement its role as a trusted partner for investors seeking high-quality real estate opportunities in Oman.
