The National News’ Post

Oman, officially the Sultanate of Oman, is a stunning country on the southeastern coast of the Arabian Peninsula. It has a rich history and vibrant culture. The capital city, Muscat, is a dynamic hub of economic and cultural activities. #Oman has a stable and prosperous economy driven by oil and gas exports, tourism, and trade. The country is famous for its historical forts, lively traditional markets, and warm hospitality. Blending modernity with tradition, Oman offers a unique and inviting experience to both visitors and residents alike. Are you ready to explore the exciting facts about Oman? Swipe to the side to learn more. 👉 👉 #OmanFacinatingfacts #Oman #ExploreOman #Omanhistory #Omanculture #fascinatingfacts

Sultan Al-Otaibi CEO of Taiba Investments states "Saudi Arabia’s hospitality sector has experienced significant growth since 2022, with the industry projected to reach USD 16.9 billion by 2029. The Kingdom plans to invest USD 550 billion in tourism over six years, with the aim of boosting its contribution to GDP to 10 percent and attracting 100 million tourists annually. Additionally, Saudi Arabia plans to build 320,000 hotel rooms by 2030 at an estimated cost of USD 37.8 billion, supported by strategic infrastructure developments and new urban developments. Public-private partnerships facilitate large-scale projects, while rising disposable incomes further enhance the region’s investment appeal." https://lnkd.in/d5ytPGaT

Khareef a critical driver of economic growth in Dhofar MUSCAT: Every year, Oman’s Dhofar Governorate experiences a unique natural phenomenon known as khareef, a season during which the mountains transform into lush green landscapes due to monsoon winds from the Indian Ocean, accompanied by heavy rains and fog. Qasim Almaashani, head of business section at Oman Daily Observer, says this exceptional climate not only draws tourists from around the globe, but also serves as a significant economic boon for the governorate, particularly benefiting small and medium enterprises (SMEs). The influx of tourists during the khareef season leads to a surge in demand for various goods and services, presenting a golden opportunity for SMEs in Dhofar. Read more: https://lnkd.in/dR6uMNfx Ministry of Heritage and Tourism - Sultanate of Oman Ministry of Commerce, Industry & Investment promotion Authority for SME Development #Khareef #Dhofar #SMEs #Tourists #TouristDestination #Oman #OmanBiz

Saudi's Ajlan intends to invest $1.5B in Ras Jamila in Egypt Saudi’s Ajlan & Bros Holding Group plans to provide initial investments worth $1.5 billion to establish tourism projects in Egypt’s Ras Jamila region overlooking the Red Sea coast, according to sources cited by Asharq Bloomberg The Saudi group submitted an official proposal to the Cabinet. The proposal outlines the development of approximately 10 hotels, with ratings varying from 4 to 5 stars, in the region of Sharm El-Sheikh, to create up to 3,000 hotel rooms The deal’s initial investment will focus on the hotel infrastructure and will not include the valuation of the land, according to sources Read more on our website! #Egypt #business #Economy | #مصر #رأس_جميلة

WHY OMAN (part2) 🇴🇲 1- Economic and Political Stability: .Stable Environment: Oman is known for its political neutrality and consistent governance, which fosters a safe investment climate. • Economic Diversification: The government's focus on diversifying the economy beyond oil creates long-term opportunities in sectors like tourism, logistics, and real estate. • Currency Stability: The Omani Rial is pegged to the US Dollar, reducing currency risks for international investors. 2- High Return on Investment (ROI): • Steady Rental Yields: Prime locations, such as Muscat and ITC developments, offer competitive rental yields. • Capital Appreciation: Properties in ITC and areas with ongoing infrastructure projects, have strong potential for long-term value growth. • Tourism Growth: Increasing tourist arrivals boost demand for hospitality properties and short-term rentals. 3-Long-Term Growth Potential: • Vision 2040: Oman's national strategy focuses on sustainable development, smart cities, and urban expansion, creating future opportunities in real estate. • Urbanization Trends: Growing urbanization and infrastructure projects, such as Duqm's economic zone, are driving demand for real estate across sectors. • Tourism Expansion: The government aims to attract 11 million tourists annually by 2040, creating significant demand for real estate sectors. #Realestate #Dubaimarket #Muscat #luxuryrealestate

Oman invites global bids for Khor Grama marina project MUSCAT: The Ministry of Transport, Communications and Information Technology is poised to unveil an international tender for the ambitious Khor Grama Project located in the Wilayat of Sur, Al Sharqiyah South Governorate. This venture marks a significant milestone in the Sultanate of Oman’s efforts to bolster its maritime infrastructure and enhance its coastal tourism offerings. The tender process, set to commence with the opening of bids next month, seeks to attract global expertise in designing and supervising the multifaceted development. Interested parties were invited to purchase tender documents starting from August 8, 2024, with a pre-bid clarification deadline set for August 15, 2024. Read more: https://lnkd.in/dHGfHuiC Ministry of Transport, Communications and Information Technology - Oman @ss_governor_ Ministry of Heritage and Tourism - Sultanate of Oman Oman Investment Authority #KhorGrama #Sur #Marina #Tourism #CoastalTourism #MaritimeInfrastructure #Oman #OmanBiz

Real-estate and Tourism are two industries that gonna boost the economy of Saudi Arabia in the mere future. Combining this two industries to build projects at certain locations can bring glory to you.

DAFENG: Engineered for Excellence, Designed for Discovery. Dafeng is expanding its footprint into Saudi Arabia, tapping into the kingdom’s booming cultural, sports, and tourism sectors. This move aligns with Saudi Arabia’s Vision 2030, which aims to diversify its economy and position itself as a global hub for tourism and entertainment. The country’s growing investment in arts, sports, and mega-projects like NEOM and Qiddiya creates exciting opportunities. Dafeng, with its expertise in infrastructure and sustainable development, is poised to contribute to the creation of world-class cultural venues, sports facilities, and eco-friendly tourism destinations. By partnering with local institutions, Dafeng aims to enhance Saudi Arabia’s cultural landscape through art, music, and heritage projects, while also supporting the sports industry with state-of-the-art facilities for international events. With its commitment to innovation and sustainability, Dafeng’s expansion into Saudi Arabia is set to help drive the kingdom’s transformation into a global leader in culture, sports, and tourism. This strategic move underscores Dafeng’s dedication to contributing to the kingdom's ambitious vision for the future. https://lnkd.in/gFFD8PZD

The difference is pure and clear.

#menanews Saudi Arabia’s Asir region has launched a new tourism venture through a partnership with the aim of creating a holding company to transform the area into a global tourist destination. The collaboration between Aseer Investment Company, a subsidiary of the Public Investment Fund (PIF), and Rikaz Real Estate , aligns with the goal of transforming Asir into a world-class tourist destination that combines authentic heritage with sustainable development, according to the Saudi Press Agency. It is reported that the holding company seeks to contribute to enhancing a tourism environment that enriches guests’ experiences with unique offerings, connecting visitors to local culture and community traditions. Read more: https://lnkd.in/dqtGgqhk #SaudiArabia #AsirRegion #TourismDevelopment #GlobalDestination #SustainableTourism #HeritageAndCulture #AseerInvestment #RikazRealEstate #Vision2030 #TourismInnovation #CulturalTourism #CommunityEngagement #SaudiTourism #AuthenticExperiences #MiddleEastTourism