According to a regulatory announcement by its parent company, Al Kathiri Holding, to the Saudi Exchange (Tadawul), the award was issued on October 6 by Talaat Moustafa Group

Oman's built environment is entering a period of transformation

By 2027, this may become one of the most important shifts facing the built environment sector.

Oman’s real estate sector is shifting beyond traditional property trading towards integrated developments combining residential, commercial, tourism and leisure facilities

Regulations streamline licensing, land allocation and foreign property ownership

Oman’s property market recorded RO 1.434 billion in traded value during the first half of 2026, according to Hamptons International

Oman’s tourism sector recorded strong growth in 2025, supported by increased investment and the implementation of projects by the public and private sectors aimed at diversifying tourism products

The Sultanate of Oman and the Kingdom of Saudi Arabia continue to advance their bilateral relations across all domains at an accelerating pace

In terms of transaction activity, Oman’s real estate market performed better during the first half of 2026 than it did during the same period last year, as well as during most of the past decade

Ahmed Al Massan, Acting CEO of Al Mouj Muscat, said the integrated waterfront development has played a significant role in promoting tourism and related industries, while supporting entertainment

Oman's real estate sector continued its upward trajectory in the first half of 2026

Oman’s Al Seeb Real Estate Development has awarded the main construction contract for the $200 mn The Chedi Private Residences project