MUSCAT: Khalid Al Yahmadi has stepped down as the CEO of Muscat National Development and Investment Company (ASAAS), the company said on Thursday.
In a statement issued, ASAAS said Yahmadi quit due to “personal reasons” and the Board of Directors have accepted his resignation.
A semi-government arm formed in 2014, ASAAS is one of the largest real estate development and investment companies in the country.
Read More
- GCC tourism economy climbs to $254.7 billion in 2025
- Oman hotel revenues fall 11% to RO 156.5mn as guest numbers decline
- Oman’s Duqm Refinery hits 110% capacity as revenues reach $7 billion
- Oman keeps inflation contained at 2.9% despite global price pressures
- Oman Transport Ministry spends over RO188 million on development projects in nine months
