Latest news with #Muriya
Gulf Business
5 days ago
- Business
- Gulf Business
Muriya's CEO shares how the company is enabling integrated living in Oman
Image: Supplied Ahead of its participation at OREX 2025 in Oman, Engineer Wael Al-Lawati, CEO of Muriya is a joint venture where Orascom Development Holding (ODH) and Oman Tourism Development Company (OMRAN) are partners. Orascom Development Holding, a leading developer of integrated communities, holds a 70 per cent stake, while OMRAN, the government's tourism development arm, holds 30 per cent. Muriya focuses on developing Integrated Tourism Complexes (ITCs) in Oman, highlighting the Sultanate's history, heritage, and natural beauty In this interview with Gulf Business , Al-Lawati shares milestones, investment trends, and how Muriya is aligning with Oman Vision 2040. Tell us about your participation at OREX 2025. Muriya's presence at OREX was a reaffirmation of our commitment to Oman's Vision 2040 and our pivotal role in shaping the country's tourism and real estate sectors. This year, we showcased Hawana Salalah and Jebel Sifah — model destinations that exemplify sustainable, integrated waterfront living. These developments fuse luxury, lifestyle, and Oman's natural and cultural richness, demonstrating how tourism and real estate can drive economic diversification and long-term national value. Our participation also complements key government initiatives to position Oman as a global tourism and investment hub. How do Jebel Sifah and Hawana Salalah align with Oman Vision 2040 and its economic diversification goals? At Muriya, our integrated destinations are built in harmony with Oman Vision 2040. They contribute to economic diversification by generating employment, encouraging foreign investment, and promoting year-round tourism. With over $750m invested by Orascom Development and Omran, we've enhanced tourism infrastructure and international appeal. Events like IRONMAN 70.3 Salalah, SOCCA, and global fishing tournaments have made our destinations internationally recognisable, attracting athletes and tourists from over 50 countries. What are the latest milestones or upcoming phases for Jebel Sifah and Hawana Salalah? Our destinations are in constant evolution. At Jebel Sifah, we recently launched Al Raya Villas — a wellness-focused, golf-facing community with private gardens, mountain views, and access to fitness amenities. The development also boasts Muscat's first ocean-facing PGA Harradine nine-hole golf course, an 84-berth marina, alfresco dining, and boutique hotels. Meanwhile, Hawana Salalah remains Oman's largest integrated tourism complex with more than 1,200 luxury hotel rooms, a 170-berth marina, Hawana Aqua Park, and four residential districts. We're expanding with new waterfront properties, lifestyle offerings, and high-end hospitality. What differentiates Muriya's developments from other resort or lifestyle communities in Oman and the wider region? We don't just build properties — we create destinations. Hawana Salalah and Jebel Sifah offer a blend of upscale living, leisure, and cultural authenticity. Spanning 13.6 million square metres, Hawana Salalah features luxury hotel brands, Oman's first aqua park, and all waterfront properties with scenic views. Our developments offer hotel-branded residences, marinas, golf courses, and global events that position them as top-of-mind for visitors and residents seeking unmatched lifestyle experiences in How has your partnership with Omran supported Muriya's growth and ability to navigate Oman's regulatory environment? Our joint venture with Omran has been foundational. This public-private partnership merges Orascom's global development expertise with Omran's local knowledge. Together, we've invested over $750mn, created thousands of jobs, supported SMEs, and delivered two of Oman's most admired communities. It's a partnership built on trust, alignment with national goals, and a shared commitment to sustainable development. What trends are you seeing in foreign investment and tourism, and how is Muriya adapting its strategy to attract international interest? Oman is increasingly viewed as a stable, naturally rich destination offering long-term value. International buyers are drawn to the lifestyle, investment potential, and serenity of our destinations. We're adapting with a diversified property portfolio — from hotel-branded residences to standalone villas — while ensuring ease of ownership. Our in-house service division, Wateera, provides property management and rental solutions for global homeowners, creating a seamless experience from purchase to stay. What's next for Muriya? Are there plans to expand beyond current destinations or tap into emerging segments? As Oman advances its Vision 2040 agenda, Muriya will remain a key contributor. Our focus is on deepening the value of Jebel Sifah and Hawana Salalah while exploring new lifestyle segments like wellness retreats and digital nomad-friendly communities. We aim to pioneer sustainable living concepts, host world-class events, and continue attracting global visitors — all while honouring Oman's cultural and environmental heritage. Our destinations will evolve into future-ready lifestyle hubs that serve generations to come.
Zawya
7 days ago
- Business
- Zawya
Muriya showcases outstanding destinations at OREX 2025
Muscat, Oman – Muriya, the developer behind award winning destinations—Hawana Salalah and Jebel Sifah—made a strong statement at the OREX Design & Build Oman Exhibition 2025, presenting its flagship developments as shining examples of serene living, coastal elegance, and high-value investment in the Sultanate. Hawana Salalah and Jebel Sifah, by Orascom Development and Omran, are fully integrated towns that feature harmonious waterfront living fully connected with nature. Hawana Salalah features a 13.6 km coastline of white sandy beaches with lush greenery, 5-star resorts, vibrant year-round marina, Water park and culinary F&B dining experiences overlooking the magnificent ocean views, whereas Jebel Sifah 40 min away from Muscat is 7km of pristine beaches, 9-hole golf course, stunning coastline featuring the Hajar mountains backdrop. The destinations have become the top of mind mixed-use residential, entertainment and hospitality landmarks and are year-round event hubs, hosting internationally renowned tournaments such as IRONMAN 70.3 Salalah, the SOCCA World Cup, and the International Fishing competition. 'OREX provides the ideal platform to demonstrate how Muriya is elevating Oman's profile on the global tourism and investment map,' said engineer Wael Al Lawati, CEO of Muriya. 'Hawana Salalah and Jebel Sifah are more than residential projects, they are immersive lifestyle destinations that embody Oman's breathtaking nature and authentic charm, while offering unique experiences that resonate with today's discerning residents, travelers, and investors'. The diversity of properties at the destinations ranges from hotel branded residences to standalone neighborhoods with Townhouses, Villas and apartments, all meticulously serviced by Wateera (Muriya's property management and Rental services division) ensuring seamless rental and hospitality management for homeowners around the world. With over 1,200 luxury hotel rooms, thousands of delivered waterfront homes, and a pipeline of ongoing developments such as Amazi in Hawana Salalah and Al Raya in Sifah, Muriya continues to redefine tourism-led real estate in Oman. Its integrated townships blend leisure, wellness, community living, and sustainable design—making them attractive for both investors and international residents seeking long-term value. As Oman accelerates its transformation under Vision 2040, Muriya remains at the forefront—building destinations that inspire the local, regional and international communities. About Orascom Development Holding: Orascom Development Holding is a leading international developer specializing in vibrant, integrated communities in Europe, the Middle East, and North Africa. For more than 35 years, Orascom Development has been a pioneer in creating destinations where people are inspired to live, work, and play with passion and purpose. From El Gouna's stunning Egyptian coastal town by the Red Sea to Andermatt Swiss Alps' breath-taking, yearround mountain destination, each master-planned community is a testament to Orascom Development's commitment to place-making at its finest. The integrated towns harmoniously combine residential areas with private villas and apartments, hotels, and award-winning leisure and commercial amenities – including golf courses, marinas, sports facilities, retail shops and restaurants. Orascom Development owns a land bank of more than 100 million square meters with approximately 40% under development or developed into thriving communities in Egypt (El Gouna, Makadi Heights, O West, Taba Heights, and Byoum), in the GCC (The Cove in the UAE and Jebel Sifah and Hawana Salalah in Oman), and in Europe (Andermatt Swiss Alps in Switzerland, Luštica Bay in Montenegro and West Carclaze Garden Village in the UK). Orascom Development's hospitality portfolio includes 33 premium and luxury hotels with more than 7,000 rooms across Europe, the Middle East, and North Africa. ODH shares are listed on the SIX Swiss Exchange. For more information, please visit About OMRAN Group The executive arm of the Sultanate of Oman for tourism development, is responsible for driving the growth of the nation's tourism sector. Established in 2005, OMRAN is committed to creating world-class tourism assets, lifestyle communities, and destinations that reflect the Sultanate's rich cultural heritage and natural beauty. The company plays a key role in realizing Oman's 2040 Tourism Strategy by fostering sustainable tourism development that supports economic diversification and creates job opportunities for locals. OMRAN's diverse portfolio includes the development of hotels, resorts, mixed-use communities, and tourism infrastructure projects across Oman, working in collaboration with both public and private sector partners.
Zawya
26-05-2025
- Business
- Zawya
Oman: Tourism-integrated real estate poised for strong growth
Real estate is a promising and enabling sector for implementing investment opportunities. Tourism-integrated real estate projects in Oman are poised for strong growth and will be one of the major contributors to the GDP besides being a job creator, thanks to the country's strategic focus on sustainable tourism. In addition, this sector is a promising and enabling sector for implementing investment opportunities, supported by the readiness of the basic infrastructure system of roads, electricity, water, sewage which is all set to grow in leaps and bounds, according to Muriya Tourism Development. Muriya is a Joint venture between Orascom Development and Omran Group; and is the largest and most diversified private integrated real estate and tourism developer committed to contributing to the development of the Sultanate of Oman. Speaking to the Observer on the sidelines of the recently held Oman Real Estate Exhibition, Wael al Lawati, CEO of Muriya Tourism Development said that tourism-integrated real estate in Oman is poised for strong growth, driven by the rising demand for destinations that combine lifestyle, hospitality and investment. 'The fact is that tourism-integrated real estate projects in Oman are heading towards strong growth and will be one of the major contributors to the GDP besides being a job creator. This is possible because the country has been paying a very strategic focus on sustainable tourism,' he said. Through a successful partnership between the internationally acclaimed builder of fully-integrated towns, Orascom Development Holding (ODH) and Oman Tourism Development Company (OMRAN), the leading executive government arm for tourism development in the Sultanate of Oman, Muriya has been developing many ITC projects at an investment of over $750 million in Oman and they include Hawana Salalah and Jebel Sifah, which include hotels, marinas and recreational facilities. These successful partnerships have been a major contributor to the tourism sector and have resulted in 1,200 operating hotel rooms in 6 years, 420,000 hotel guest nights in 2019, over 1,000 homeowners, creating thousands of direct and indirect jobs; and supporting local businesses, contributing to Oman's economic diversification and tourism growth. 'Through Muriya, we strengthen Oman's international presence as a high-potential tourism and investment hub while supporting job creation and community engagement through sustainable developments,' Al Lawati said. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
24-05-2025
- Business
- Observer
Tourism-integrated real estate poised for strong growth
Tourism-integrated real estate projects in Oman are poised for strong growth and will be one of the major contributors to the GDP besides being a job creator, thanks to the country's strategic focus on sustainable tourism. In addition, this sector is a promising and enabling sector for implementing investment opportunities, supported by the readiness of the basic infrastructure system of roads, electricity, water, sewage which is all set to grow in leaps and bounds, according to Muriya Tourism Development. Muriya is a Joint venture between Orascom Development and Omran Group; and is the largest and most diversified private integrated real estate and tourism developer committed to contributing to the development of the Sultanate of Oman. Speaking to the Observer on the sidelines of the recently held Oman Real Estate Exhibition, Wael al Lawati, CEO of Muriya Tourism Development said that tourism-integrated real estate in Oman is poised for strong growth, driven by the rising demand for destinations that combine lifestyle, hospitality and investment. 'The fact is that tourism-integrated real estate projects in Oman are heading towards strong growth and will be one of the major contributors to the GDP besides being a job creator. This is possible because the country has been paying a very strategic focus on sustainable tourism,' he said. Through a successful partnership between the internationally acclaimed builder of fully-integrated towns, Orascom Development Holding (ODH) and Oman Tourism Development Company (OMRAN), the leading executive government arm for tourism development in the Sultanate of Oman, Muriya has been developing many ITC projects at an investment of over $750 million in Oman and they include Hawana Salalah and Jebel Sifah, which include hotels, marinas and recreational facilities. These successful partnerships have been a major contributor to the tourism sector and have resulted in 1,200 operating hotel rooms in 6 years, 420,000 hotel guest nights in 2019, over 1,000 homeowners, creating thousands of direct and indirect jobs; and supporting local businesses, contributing to Oman's economic diversification and tourism growth. 'Through Muriya, we strengthen Oman's international presence as a high-potential tourism and investment hub while supporting job creation and community engagement through sustainable developments,' Al Lawati said.
