Tuesday, June 09, 2026

Business News

Oman inaugurates RO 10 million ‘Maysan Square Duqm’, attracts global investors

The Special Economic Zone at Duqm inaugurated the first phase of the ‘Maysan Square Duqm – Residence’ project, featuring 104 residential units and 130 commercial units, with investments from 22 countries and a total value of about RO10 million.

Oman News Agency

info@thearabianstories.com

Tuesday, June 9, 2026

MUSCAT : The inauguration ceremony was held under the auspices of His Excellency Qais Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones.

Sadiq Jaffer, Chairman of the Board of Directors and CEO of Maysan Properties Company, stated that this project is the first integrated business district in the Special Economic Zone at Duqm, spanning a total area of 122,000 square meters. He added that it is being implemented across several phases to include, upon completion, 20 buildings distributed over the residential, commercial, hospitality, and retail sectors, comprising 424 full-service residential units.

He noted in his speech that the project represents a qualitative leap in the real estate development sector, being the first integrated business district that combines housing, commerce, hospitality, and business within a modern urban environment designed according to the highest international standards.

He pointed out that this project reflects the growing confidence of international investors in the economic and investment future of the Special Economic Zone at Duqm as a modern urban icon embodying the level of cultural and architectural development.

For all the latest news from Oman and GCC, follow us on TwitterInstagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Close