Wednesday, April 24, 2024 | Shawwal 14, 1445 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Maysan Properties, Muscat Hills sign land development pact

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Maysan Properties SAOC recently signed an agreement with Muscat Hills for the development of an 11,000 sq m plot within the Muscat Hills freehold community. His Highness Sayyid al Rawi bin Qais bin Tareq al Said, Chairman, signed the agreement on behalf of Muscat Hills along with Redha Mehdi Jawad, Chairman of the Board of Directors of Maysan Properties SAOC.


HH Sayyid al Rawi expressed his delight with this partnership with Maysan Properties SAOC. He stated: “In an atmosphere of harmony of visions and objectives we are establishing this partnership with this young and ambitious company with the agreement to develop a new residential complex at Muscat Hills. It will be a unique addition to Muscat Hills community offering quality life style and luxury living within the natural beauty and serenity that characterises Muscat Hills. This new development will be a nice feature added to the upcoming “InterContinental Hotel and Resort, and the Boulevard that shall be soon completed.”


Sadiq Jaffer Sulaiman, CEO of Maysan Properties, commented: “We at Maysan Properties are working with a focus on creativity and innovation by investing in knowledge and commitment to teamwork.


We are proud of this partnership with Muscat Hills. A partnership based on mutual trust and a shared vision. We are all working for one goal to contribute to the building of our beloved nation, Oman.” Maysan Properties was established during the year 2018 as a closed joint stock company, with Mehdi Group LLC and Al Labib Business and Services Company as lead partners in the company along with other Omani investors.


“We are planning to announce our first project, a residential complex, in the coming days located on an area of 11,000 sq metres within the freehold community at Muscat Hills offering a new lifestyle experience to Omani citizens and residents as well as other investors willing to invest in Oman.


This new project shall be a quality addition to the real estate projects in Muscat Hills,” the company added in a statement.


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