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Oman, Bahrain explore cooperation in urban development
Oman, Bahrain explore cooperation in urban development

Times of Oman

time26-05-2025

  • Business
  • Times of Oman

Oman, Bahrain explore cooperation in urban development

Manama: Prospects for enhancing urban development cooperation between the Sultanate of Oman and the Kingdom of Bahrain were discussed on Monday in the Bahraini capital, Manama, as part of the official visit of Dr. Khalfan Said Al Shuaili, Minister of Housing and Urban Planning to the Kingdom of Bahrain. The visit aims at strengthening bilateral relations between the two countries. During the visit, the Minister of Housing and Urban Planning met with Sheikh Salman Abdullah Al Khalifa, Vice Chairman of the Supreme Committee for Urban Planning and Honorary Chairman of the Bahrain Real Estate Development Association, and Amna Ahmed Al Romaithi, Minister of Housing and Urban Planning, along with a number of senior officials, investors, and real estate developers in the Kingdom of Bahrain. Al Shuaili affirmed Oman's interest in enhancing cooperation frameworks and exchanging successful experiences, particularly in supporting affordable housing and encouraging real estate developers to invest in value-added projects. He also expressed Oman's desire to benefit from Bahrain's pioneering experience in housing and urban planning, especially in public-private partnership projects, social housing financing, and the development of modern cities.

Oman calls on Kuwaiti investors to take on housing opportunities
Oman calls on Kuwaiti investors to take on housing opportunities

Zawya

time23-05-2025

  • Business
  • Zawya

Oman calls on Kuwaiti investors to take on housing opportunities

KUWAIT - Oman's Minister of Housing and Urban Planning Dr. Khalfan Al-Shuaili invited Kuwaiti citizens and investors to visit Muscat and explore the new urban investment opportunities offered from five different projects where freehold ownership is available. Minister Al-Shuaili said in a meeting held on Thursday with Kuwaiti businessmen on the sidelines of the GCC housing and Urban Planning Ministerial meetings, hosted by Kuwait, that more than 90-percent of Omani citizens own their homes and the objective of launching such projects is to create a modern contemporary environment. He listed the projects currently being offered for real estate development, the most important of which are Sultan Haitham City, Al-Khuwair City, and Al-Jabal Al-Akhdar, in addition to Salalah and Sohar. He also further explained that the Gulf citizens are treated the same as Omanis in accordance with agreements between the GCC countries. The real estate development projects are being implemented by Omani and international companies which are taking into account the Sultanate's heritage and environmental dimensions in their designs, as for the investment contracts, these companies are flexible in terms of infrastructure, as well as the investment period which ranges between 15 and 17 years. Oman's Ambassador to Kuwait Dr. Saleh Al-Kharousi said that the goal of meeting with Kuwaiti investors was to present investment opportunities in the construction and housing sector, thereby strengthening bilateral relations in line with the directives of political leadership in both countries. The Public Institution for Housing Welfare hosted the third edition of the Gulf Housing week from the 18th to the 22nd of this month, under the slogan "Real Estate Development for Sustainable Housing." All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (

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