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FINANCIAL NEWS
Oman’s first Sharia-compliant hotel to open next year
04 Sep 2013
(MENAFN) The first Sharia-compliant five-star hotel in Oman will start operation in 2014, Times of Oman reported.
Shaza Muscat Company (SMC) signed a deal with Millennium & Copthorne Hotels for the operation of the Muscat Grand Millennium Hotel.
Board member of SMC, Abdul Rahman Awadh Barham, said: “Alcohol will not be served in the hotel since it is a Sharia-compliant hotel. This is not downgrading the hotel by any means; rather it is upgrading it to a better lifestyle. It is going to be a family and business hotel.”
The USD72.5 million project will be 16 kilometers away from both the Muscat International Airport and the Central Business District.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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