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Oman’s capital of Muscat is set to get an expansive $1.3 billion waterfront development, designed by globally renowned Zaha Hadid Architects (ZHA).
Sobha Group LLC is a GCC based real estate developer headquartered in Dubai .The company was established in 1976 as an interior decoration firm in Oman by Mr P.N.C. Menon. [1] [2] [3] The company is functional in the UAE, Oman, Bahrain, and Brunei.
Sobha Realty is an international luxury developer. Established in 1976 as an interior decoration firm in Oman by P.N.C. Menon – an entrepreneur, the company has grown its presence with developments and investments in the UAE, Oman, Bahrain, Brunei and India. Sobha Limited was founded on 7 August 1995 by P. N. C. Menon. [2]
Shati Al-Qurum (also written Shatti Al-Qurm) is a residential locality and district situated on the coast of Muscat, the capital of the Sultanate of Oman. [1] Known for its upscale businesses and expensive homes, it is also notable as Muscat's Diplomatic District due to many embassies and consulates being located there.
Oman International Development and Investment Company SAOG (commonly known as Ominvest) is an investment holding company based in Oman.It holds significant stakes in various Omani companies, ranging from financial services, property development, food, and the industrial sector.
In April 2020, Bayut's parent company and the Netherlands-based OLX Group announced the merger of their operations in the UAE, Egypt, Lebanon, Saudi Arabia, Kuwait, Qatar, Bahrain, Pakistan, and Oman, together with the OLX-owned Dubai-based classifieds website, Dubizzle. [3] [4]
The turning point in his career came in the 1990s when Menon identified the opportunities and potential in the real estate sector. He contributed towards building iconic structures like Oman's Sultan Qaboos Grand Mosque and Al Bustan Palace. In 2009, he was honoured with the Pravasi Bharatiya Samman by the President of India. [14]
Dar Al Arkan Real Estate (DAAR) (Arabic: دار الأركان) is a Saudi Arabian property development company. It is the largest developer by market value in Saudi Arabia. [ 3 ] Dar Al Arkan is also involved in the acquisition, development, construction, maintenance, demolition, and restructuring of residential and commercial buildings. [ 4 ]