A consortium of five Egyptian real estate, contracting, marketing, consulting, and management firms is planning to execute a real estate project in Oman with investments of up to $1 billion.
Muscat, Oman © Mena Today
A consortium of five Egyptian real estate, contracting, marketing, consulting, and management firms is planning to execute a real estate project in Oman with investments of up to $1 billion, Al Borsa News reported, citing Chairman of Alshams for Contracting Shams El Din Youssef.
In addition to Alshams for Contracting, the consortium comprises Alexandria Company for Investment and Development, the real estate marketing firm Real Mark, Construction and Project Management Consultancy, and another contracting company specialized in infrastructure projects, Youssef pointed out.
The consortium is currently in talks with the Omani government over the timeline and final investments of the project, he added.
He noted that the Omani government proposed the project to Alexandria Company for Investment and Development to benefit from the expertise of Egyptian firms for the development of an integrated city that includes residential, commercial, and administrative units.
Bahrain Bourse (BHB) has approved Arqaam Securities L.L.C. as an External Market Maker, a move aimed at boosting market liquidity and enhancing the Kingdom’s capital market ecosystem.
The Kuwaiti government has officially banned the purchase of gold and jewelry with cash, in a move aimed at strengthening financial transparency and combating illicit activities.
PureHealth Holding PJSC, the largest healthcare group in the Middle East, reported solid financial results for the nine months ending 30 September 2025, with AED20.1 billion in revenue, up 6% year-on-year. EBITDA rose 11% to AED3.5 billion, while net profit increased 8% to AED1.55 billion.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.