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Oman, Majid Al Futtaim, holding company
- Oman: Sunday, June 19 - 2005 at 06:37
The Government of Oman is forming a holding company with Dubai-based Majid Al Futtaim Holdings to oversee the development of The Wave, its $805m tourism and residential project. MAF Holding has a 50% stake in the project, after MAF Investments won a bid in 2004 to partner the Oman Tourism Development Company in developing The Wave.
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