The Wave, Muscat showcases integrated tourism project to Kuwaiti investors and home buyers

Press release
Published June 5th, 2011 - 11:48 GMT
During the press conference
During the press conference

Oman’s premier US $3 billion integrated residential and tourism project was recently showcased for the first time to Kuwaiti investors and members of the press at the Marina Hotel following its milestone handover of 500 homes.

Armed with a mandate to create a world-class destination while promoting the Sultanate’s vast tourism potential, The Wave, Muscat is keen to strengthen the relationship between the two countries by offering unparalleled quality investment opportunities and lifestyle options in the heart of the capital city of Muscat.

In 2010 alone, the project celebrated over US$ 90 million in off-plan sales and with the marina and golf course opening later this year, plans are already underway to commence construction on a new five star Kempinski Hotel on the beachfront. The Wave, Muscat has built an undisputed reputation as Oman’s leading property development and is the first available to foreign investors

The event which was held in conjunction with the Kuwait branch of BankMuscat, Oman’s largest Bank and Shaker Al-Othman, Chairman of Shaker Al-Othman Establishment, in Kuwait.

Background Information

The Wave, Muscat

Al Mouj Muscat is a mixed-use waterfront development in Oman that is a class apart and has no comparable competition. The award-winning master plan defines a luxury lifestyle and leisure destination in the heart of Muscat that naturally connects people, businesses and cultures to create a thriving community that is positively integrated with a sustainable environment. Al Mouj Muscat's high-quality assets include a marina, a golf course and club, international hotels, and residential and retail projects.

Check out our PR service

Signal PressWire is the world’s largest independent Middle East PR distribution service.


Sign up to our newsletter for exclusive updates and enhanced content