RO 12m investment landmark unveiled on Sultan Qaboos Street
Published: 04:10 PM,Oct 22,2024 | EDITED : 08:10 PM,Oct 22,2024
RO 12m investment landmark unveiled on Sultan Qaboos Street
MUSCAT: A new investment landmark, the 'Malak Tower' project, valued at RO 12 million, was officially unveiled on Tuesday, at the W Hotel in Muscat. The event, held under the auspices of Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority (OIA), brought together dignitaries, including their highnesses, excellencies, and prominent business figures.
Malak Tower is the result of a strategic partnership between HH Sayyid Dr Kamil bin Fahd bin Mahmood al Said, Secretary-General of the General Secretariat of the Council of Ministers, the project owner; Al Khalili Group, the developer; and Tibiaan, responsible for marketing and management.
This collaboration underscores a shared vision of delivering high-quality real estate developments that meet the growing demand from Oman's business owners and investors.
Speaking at the event, HH Sayyid Dr Kamil bin Fahd bin Mahmood al Said emphasised the tower’s unique commercial appeal, stating, “Malak Tower is more than just a real estate venture; it’s a collaborative initiative designed to bring significant added value for businesses and investors. Its prime location on Sultan Qaboos Street, a vital artery in Muscat, enhances its status and opens up new investment opportunities.”
Malak Tower, a Grade A office building, will feature a total built-up area of 17,000 square metres across 12 stories, including two basement levels for parking, a ground floor for retail spaces, and nine floors of office units.
Its prime location offers companies and individual investors the rare opportunity to acquire office and retail spaces at competitive prices, with flexible payment plans.
Set for completion by the end of 2027, Malak Tower aims to attract a wide range of companies, making it a hub for commercial activity and collaboration.
The project’s architectural excellence, designed with modern trends and high-quality standards, will serve as a catalyst for economic growth and development in Oman, enhancing the business landscape and elevating the work experience.
Malak Tower stands as a symbol of Omani architectural achievement and is poised to become a key destination for visionary businesses and investors, fostering entrepreneurship and driving modernisation in the region.
Malak Tower is the result of a strategic partnership between HH Sayyid Dr Kamil bin Fahd bin Mahmood al Said, Secretary-General of the General Secretariat of the Council of Ministers, the project owner; Al Khalili Group, the developer; and Tibiaan, responsible for marketing and management.
This collaboration underscores a shared vision of delivering high-quality real estate developments that meet the growing demand from Oman's business owners and investors.
Speaking at the event, HH Sayyid Dr Kamil bin Fahd bin Mahmood al Said emphasised the tower’s unique commercial appeal, stating, “Malak Tower is more than just a real estate venture; it’s a collaborative initiative designed to bring significant added value for businesses and investors. Its prime location on Sultan Qaboos Street, a vital artery in Muscat, enhances its status and opens up new investment opportunities.”
Malak Tower, a Grade A office building, will feature a total built-up area of 17,000 square metres across 12 stories, including two basement levels for parking, a ground floor for retail spaces, and nine floors of office units.
Its prime location offers companies and individual investors the rare opportunity to acquire office and retail spaces at competitive prices, with flexible payment plans.
Set for completion by the end of 2027, Malak Tower aims to attract a wide range of companies, making it a hub for commercial activity and collaboration.
The project’s architectural excellence, designed with modern trends and high-quality standards, will serve as a catalyst for economic growth and development in Oman, enhancing the business landscape and elevating the work experience.
Malak Tower stands as a symbol of Omani architectural achievement and is poised to become a key destination for visionary businesses and investors, fostering entrepreneurship and driving modernisation in the region.