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FINANCIAL NEWS
Oman’s Aqar wins USD1bn versatile project deal
27 Jun 2016
(MENAFN) Omani firm Aqar has signed deals for the lease of land in Duqm Special Economic Zone for the construction of a mixed-use project at an investment of USD1.09 billion, said a report.
In detail, the project, which will contain tourism, residential, commercial and retail facilities, will be built in multiple phases, reported Oman Observer.
Consequently, Aqar will acquire a 661,000 sq m plot for this scheme, and that comes after a usufruct agreement made with the Special Economic Zone Authority in Duqm (Sezad).
Aqar, also Al Khonji Real Estate & Development, is a well-known name in the country, it has delivered a number of commercial and real estate projects across Muscat.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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