Omran Group to invest US 3 billion over the next 5 years

Oman convention & exhibition center
Oman convention & exhibition center

Omran Group to invest $3 billion in tourism projects over next 5 years

Muscat: “Omran Group” indicated that it is about to invest 3 billion US dollars during the next five years through the implementation of a number of strategic tourism projects, in line with the objectives of the “Oman 2040” vision.

Dr. Hashel bin Obaid Al Mahrouqi, CEO of Omran Group, said: This comes as a continuation of the group’s tireless efforts to develop the infrastructure of the tourism sector by developing sustainable tourism destinations and assets to contribute to achieving economic growth and diversifying sources of income.

He added that the group’s success is represented in attracting approximately two billion US dollars in foreign investments to finance the most important strategic tourism projects, stressing the importance of the role played by the National Travel Operator’s platform to promote local tourism products and experiences and link them to the targeted markets to enhance the growth of inbound tourism.

The CEO of Omran Group valued the group’s participation in the Berlin Travel and Tourism Exchange 2024; With the aim of promoting the group’s current and future projects and available investment opportunities, in addition to contributing to highlighting the tourism components of the Sultanate of Oman and attracting more tourists and investors, pointing to an increase in the number of tourists during the year 2023 by 38 percent.

more recommended stories

Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.