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Monday, November 30 - 2009

The Wave, Muscat hosts German business delegation

A delegation from Germany, supported by the German Federal Ministry of Economics and Technology, consisting of businessmen from different German technical service companies, visited The Wave, Muscat site to learn more about the project which has attained a solid and successful position in the Sultanate.

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  • The German business delegation during their visit.
    The German business delegation during their visit.
Welcoming the guests, Stuart Ingram, COO, The Wave, Muscat said:
"The enthusiastic response of investors from in and outside Oman is a confirmation of The Wave, Muscat's growing stature as a destination of choice for discerning home-buyers. The Wave, Muscat has developed into the new heart of Muscat thereby attracting not only its residents but also the people from around the world."


During the visit, guests learned that interest remains extremely high in the project due to its proven delivery track record despite the current global climate whereby investor confidence in the project continues to inspire the developers to move ahead with construction and delivery on schedule.
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Notes and media contacts

About The Wave, Muscat
The Wave, Muscat is the first 100% freehold development in Oman and a unique public-private venture valued at $2.5bn.

A world-class mixed-use community spread along 6km of natural beach, The Wave, Muscat will comprise Oman's first links golf course, designed by Greg Norman; a 300-berth marina; modern and spacious apartments and townhouses; water, beach and garden-view villas; and three luxury hotels.

The Wave, Muscat, is being developed through a joint venture comprising Oman's Waterfront Investments (representing the Government of the Sultanate of Oman), National Investment Funds Company (representing Omani Pension Funds), and the UAE-based Majid Al Futtaim Group.

For More Information, please call:
Khalid Masoud Al Jadidi
Media Relations
Ph: +968 24534656
Fax: +968 24534401
Mobile: + 968 99739893

Media Inquiries:
Shaddad Al Musalmy
ASDA'A Burson-Marsteller
Oman, Muscat
Tel: +968 24562762
Fax: +968 24562763

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