Dar Al Arkan expects financial impact of Muscat project from 2027

27/03/2022 Argaam
Logo ofDar Al Arkan Real Estate Development Co.

Logo of Dar Al Arkan Real Estate Development Co. 

Dar Al Arkan Real Estate Development Co. said that the contract signed with Oman Tourism Development Co. (OMRAN Group) is valid for 10 years, expecting the relevant financial impact to show starting from 2027.

 

The joint venture with OMRAN Group is in line with the company’s strategy to co-invest in the tourism sector, due to the sector’s strategic importance, being directly linked with Saudi Vision 2030.

 

On March 24, the Saudi-based real estate developer signed a partnership agreement to co-develop SAR 6 billion project in Muscat, Argaam earlier reported.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.