Oman Economic Review – July 2019

32 July 2019

COVER STORY – ITC

ICONIC DESTINATION

Muscat Bay is a fully-fledged tourism complex covering 2.2 million square metres facing

the waterfront of the Gulf of Oman, surrounded by the tall mountainscapes, and offering

a premium level of privacy to its residents. The project is developed in partnership with

Omran and Saraya Holdings Oman. Upon its completion, Muscat Bay will include 435

residences spread across five free-holding residential areas. It will also include two

five-star hotels run by the globally renowned luxury hotel chain, Jumeirah Group. The

project will bring together world-class restaurants, cafes, a supermarket and gym for the

residents, and retail shops at the heart of Muscat Bay. In a freewheeling chat with OER,

Sheikh Hamood Al Hosni, CEO, speaks about the current status of the project and the

latest trends in Oman’s tourism and allied sectors.