Artificial Intelligence
Builders Company
Developers/OMRAN Group
OG
OMRAN GroupMuscat, Oman · founded 2005 · 1 active markets
STATE OWNED

OMRAN Group develops and manages tourism destinations across Oman, including hotels, resorts, mixed-use communities, integrated tourism complexes, cultural attractions, and visitor experiences. Its government-backed model combines strategic investment, public-private partnerships, and private-sector collaboration to serve visitors, residents, investors, and communities.

Years in business
21
founded 2005
LinkedIn headcount
778
employees, as shown on LinkedIn · size band 51–200
Portfolio value
OMR 670.9 million
2023
Projects last researched October 13, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Oman Tourism Development Company SAOC1
Headquarters
Muscat1, Oman
Founded
20051
Entity type
STATE OWNED1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1, other1
Markets
1 market listed
What they build
Hotel (7 of 9) · Other (3 of 9) · Masterplan (1 of 9)
Full dossier in About →

Delivery record

4 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+4.3 mo
the middle of 4 scored projects
Average delay
+16.5 mo
the same projects, pulled by the worst
Average time to deliver
1.8 yrs
start to completion, over 3 delivered projects
Worst slip
+59.5 mo
Jumeirah Muscat Bay · +54.0 to +65.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed projects here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

9 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.7/ 10
Weighted judgment across build and operations · from 9 of 9 rated buildings
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 4 of 9 rated buildings
Management & living
8.3/ 10
Upkeep, response times, amenities, community · from 9 of 9 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Oman yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • DELIVERY DELAY Reported October 15, 2024; underlying delay through 2022 The State Audit Institution’s 2023 review reported that execution of Commercial Building No. 1 at OMRAN’s Business Complex had been delayed for more than ten years: a consultancy tender was issued in November 2012, the feasibility study was not completed until January 2022, and the project was assigned in June 2022 without all required bank financing or sufficient investors; OMRAN said it would tighten compliance with investment-financing guidelines for future projects.
  • PROJECT CANCELLED March 9, 2026 OMRAN informed TUI that the agreed March 31, 2026 timeline for implementing their hospitality partnership was no longer achievable, so implementation was suspended, including the planned joint development and ownership of five Dhofar hotels and OMRAN’s planned 1.4% TUI shareholding; the parties said they would continue dialogue.
  • FINANCIAL DISTRESS Reported October 15, 2024; debt period 2015–June 2023 The State Audit Institution’s review reported accumulated OMRAN debt of RO108 million from borrowing to finance investment projects during 2015–June 2023; OMRAN said it expected future investment returns to reduce the debt, which was a plan rather than completed deleveraging.
  • 4 more in Risk & Sources
Record status
active
Company sources
85 source entries across 85 fields
Projects tracked
10 · 9 completed in assessment
All flags and sources →

Track Record

Delivery record

4 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+4.3 mo
the middle of 4 scored projects
Average delay
+16.5 mo
the same projects, pulled by the worst
Average time to deliver
1.8 yrs
start to completion, over 3 delivered projects
Worst slip
+59.5 mo
Jumeirah Muscat Bay · +54.0 to +65.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed projects here
Not enough info yet.

Construction start to handover

9 of 9 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Oman
20112012201320142015201620172018201920202021202220232024202520262027todayOMANcompleted, no target published+9.5 moverified+59.5 moverifiedcompleted, no target published+13 moestimated−1 moverifiedcompleted, no target published−2 moverified+2 moestimated
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 7 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

9 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.7/ 10
Weighted judgment across build and operations · from 9 of 9 rated buildings
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 4 of 9 rated buildings
Management & living
8.3/ 10
Upkeep, response times, amenities, community · from 9 of 9 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Oman yet to compare against.

By building

9 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Oman Adventures Centre — Phase I (dual zipline)
9.6/ 10
—/ 10
9.6/ 10

Tripadvisor provides the largest review base found, with 4.7/5 from 18 guest reviews, which converts to 9.1 under the supplied curve. Repeated praise for staff, safety, organization and scenery supports a positive commentary adjustment, but the evidence is guest/short-stay experience evidence rather than resident evidence and no structure score is assigned.

+ Quality construction reported+ High-quality equipment reported+ Safety systems and procedures praised
+ Helpful staff+ Friendly staff+ Professional safety procedures+ Well organized operations+ Exceptional views and scenery
− Refund complaint after weather cancellation

Physical-condition evidence is limited to visitor comments rather than an engineering review. One Tripadvisor reviewer said the “quality of the construction ensured that I felt secure throughout,” while another praised “high quality equipment”; the official opening report also says the project underwent extensive specialist testing and more than 2,000 pre-opening experiments.

Guest reviews describe a strongly positive day-to-day experience: “The staff were very helpful and happy to go above and beyond,” and another called the activity “friendly staff and well organized.” The main operational complaint was a weather cancellation where a reviewer said, “Refund was not processed”; this is a single report, not a recurring theme.

dusitD2 Naseem Resort, Jabal Akhdar250 units
9.6/ 10
7.9/ 10
CryptoTraveler 9.2/10, 9.4/10 · 41 reviews · cryptotraveler.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.9.
8.4/ 10
Tripadvisor 4.8/5, 4.8/5, 4.5/5, 4.9/5 · 1,676 reviews · tripadvisor.com
Booking.com 9.1/10, 8.9/10, 9.1/10, 9.2/10, 8/10, 8.9/10, 8.6/10 · 1,833 reviews · booking.com
CryptoTraveler 9.8/10, 9.6/10, 10/10 · 41 reviews · cryptotraveler.com
Combined from 14 published figures on 3 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.4.

Tripadvisor’s 4.8/5 aggregate from 1,676 reviews is the largest reported review base and converts to 9.7/10, setting the level. The Booking.com aggregate is materially lower, but the evidence is guest-only and the anchor remains Tripadvisor; recurring praise and complaints produce a modest net downward adjustment to 9.6.

+ Clean spacious rooms+ Good room condition+ Mountain-view setting
− Bathroom flooding reported− Small/slow water heater− Thin walls and sound transfer− Sewer smell on a walking path
+ Friendly staff+ Attentive service+ Good breakfast and food+ Adventure park and family activities+ Peaceful mountain atmosphere
− Service delays− Dinner crowding/chaos− Limited golf carts− Extra spa charges− Occasional cleanliness inconsistencies

Published guest feedback is broadly positive about room condition: reviewers called rooms “clean and spacious,” while CryptoTraveler published Condition 9.4/10 and Comfort 9.2/10. However, one review reported that “the bathroom flooded from the shower as the floor tiles where done wrongly,” another reported a water heater that went cold after about three minutes, and another mentioned a sewer smell along a walking path.

Guests commonly praised the staff as “very friendly, supportive and prompt,” and described the food, breakfast, adventure park and atmosphere positively. The negative evidence is operational rather than universal: reviewers reported that response to requests was “zero,” dinner could be “totally a big mess,” golf-cart waits were long, and some spa amenities required an additional fee.

Jumeirah Muscat Bay206 units
9.5/ 10
8.8/ 10
8.7/ 10
Tripadvisor 4.5/5, 4.9/5, 4.8/5, 4.8/5 · 1,034 reviews · tripadvisor.com.au
Trip.com 9.7/10, 9.5/10, 9.8/10, 9.5/10 · 132 reviews · uk.trip.com
Combined from 8 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.7.

Tripadvisor’s 4.8/5 aggregate from 1,034 guest reviews is the largest directly reported review base and converts to 9.4/10 under the specified curve. Trip.com’s 9.6/10 from 132 verified reviews is directionally consistent, while the sampled praise slightly outweighs isolated maintenance and earlier construction complaints; the result is 9.5 overall. Structure is lower than living because the written evidence includes specific room-maintenance defects, while there is no independent engineering assessment.

+ Clean rooms+ Well-maintained property+ Modern comfortable rooms
− Occasional maintenance issues− Non-working fridge reported− Bathroom-door gap reportedly not fixed properly
+ Attentive staff+ Friendly professional service+ Peaceful atmosphere+ Strong beach and pool experience+ Good food and breakfast
− Occasional slow service− Earlier noise/construction complaint− Some guests found the location remote− Price/value concerns

Guests generally describe the rooms and property as clean, modern and well maintained; one October 2026 Trip.com review reported that the “Fridge [was] not working,” the scale was not working and a bathroom-door gap was not properly fixed. Tripadvisor’s published building-related sub-ratings include 4.8/5 for rooms and 4.9/5 for cleanliness, but these are guest evidence rather than an engineering inspection.

Published guest feedback is strongly positive about daily life: reviewers describe staff as “friendly, helpful and respectful,” and praise the beach, pools, breakfast and tranquil atmosphere. Counterpoints include one report of “Slow service” and an earlier stay affected by “noise and construction”; Tripadvisor’s summary also notes that some guests find the resort pricey and remote.

Madinat Al Irfan (East) Phase I
8.9/ 10
—/ 10
8.4/ 10
Booking.com 9.6/10, 9.3/10, 9.5/10, 9.6/10, 8.5/10, 8.8/10, 8.7/10 · 912 reviews · booking.com
Tripadvisor 4.8/5, 4.5/5, 4.9/5, 4.9/5 · 796 reviews · tripadvisor.com
Combined from 11 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.4.

Google Reviews/Maps has the largest reported review base at 4.6/5 from 1,514 reviews, setting an 8.8 converted anchor. Booking.com and Tripadvisor also publish strongly positive guest evidence, and the written themes support a small net upward adjustment for service, cleanliness and amenities despite recurring reception complaints.

+ New hotel structure+ Modern and well-maintained rooms+ Cleanliness+ Spacious rooms
+ Friendly staff+ Attentive service+ Good breakfast and restaurants+ Pools and gym+ Clean common areas
− Remote location− Occasional check-in/reception problems− Occasionally untidy executive lounge

The reviews describe the hotel as “brand new, elegant and cared for in every detail,” with “spacious” rooms and “impeccable cleanliness.” No reviewed source reported flooding, leaks, lift failures, HVAC defects or other serious building-system problems; the LEED Gold statement is a certification claim, not a resident rating.

Daily-life feedback is strongly favorable: guests describe staff as “extremely professional and friendly,” and report that requested items arrived “in less than 5 minutes.” The main drawbacks are that the hotel is “a little out of the city,” while isolated complaints mention an untidy lounge and a reception dispute over an invoice.

Oman Convention & Exhibition Centre — Phase 2
8.9/ 10
—/ 10
8.9/ 10

The Google aggregate of 4.6/5 from 7,726 reviews sets the level and converts to 8.9/10 under the requested curve. Tripadvisor is materially lower but has only four reviews, so it cannot anchor the score or trigger the 10-review disagreement rule; its individual complaints were not recurring across the reviewed sample.

+ Modern facilities+ Clean venue+ Good acoustics+ LEED Gold certification+ Sustainability measures
+ Spacious event areas+ Cleanliness praised+ Free and fast internet+ Large parking availability+ Pleasant outdoor areas
− Confusing wayfinding− Limited dining choice− Taxi pricing/ meter complaint

Published material describes Phase 2 as completed in 2018 and achieving LEED Gold certification. A reviewer called the centre “state of the art,” “very clean and modern,” with “very good acoustics”; no published review located for this report alleges leaks, structural failure, plumbing, HVAC or electrical defects.

Visitors generally describe a modern, clean and spacious venue, with one review praising “very good acoustics” and another reporting that parking was “easy and big.” Operational criticisms include unclear signposting—“a nightmare”—only one café/caterer in the concourse, and taxi drivers who allegedly charged “outrageous prices” and refused meters.

JW Marriott Muscat304 units
8.5/ 10
8.3/ 10
Booking.com 9.6/10, 9.6/10 · 912 reviews · booking.com
KAYAK 9/10 · 805 reviews · kayak.com
Combined from 3 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.3.
8.4/ 10
Booking.com 9.3/10, 9.5/10, 8.8/10, 8.7/10 · 912 reviews · booking.com
KAYAK 10/10, 9.5/10, 9.5/10 · 805 reviews · kayak.com
Combined from 7 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.4.

Booking.com has the largest reported review base at 912 and sets the level with 9.1/10, converted to 8.2 under the supplied guest-rating curve. KAYAK and Google are directionally consistent, while the written reviews add strong praise for service and condition but also two operational complaints; no structural failure was reported, so structure is assessed separately rather than used to reduce the overall score.

+ New/modern structure+ Spacious rooms+ High cleanliness+ Well-maintained common areas+ Comfortable rooms
+ Friendly professional staff+ Responsive service+ Strong breakfast+ Good facilities+ Clean common areas
− Reception/check-out delays− Somewhat out-of-town location− Occasional lounge untidiness

Reviews describe the property as “brand new, elegant and cared for in every detail,” with “spacious, quiet” rooms and common areas maintained in excellent condition. Booking.com published 9.6/10 for cleanliness and 9.6/10 for comfort; no recurring structural, plumbing, HVAC, lift or leak failure was reported in the material reviewed.

Daily-life feedback is predominantly positive: guests describe staff as “friendly,” “professional” and responsive, with one saying requests arrived “in less than 5 minutes,” and Booking.com publishing 9.5/10 for staff and 9.3/10 for facilities. The exceptions include a “terrible” check-in, a 15–20 minute checkout invoice dispute, and an executive lounge described as untidy on one busy arrival.

W Muscat251 units
8.5/ 10
—/ 10
8.4/ 10
Booking.com 9.5/10, 9.6/10, 9.4/10, 9.4/10, 9.4/10, 8.5/10, 7.8/10 · 1,068 reviews · booking.com
Tripadvisor 4.8/5, 4.8/5, 4.6/5, 4.9/5, 4.7/5 · 1,170 reviews · tripadvisor.ie
Combined from 12 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.4.

Booking.com has the largest published review base and sets the level at 9.1/10, converted to 8.2 on the requested curve. Tripadvisor independently reports 4.7/5 from 1,170 reviews, with a broadly consistent positive picture; the reported living score is therefore 8.5 after modest commentary uplift. No structural score is assigned because the reviewed material did not publish evidence about framework, plumbing, HVAC, electrical systems or waterproofing.

+ Attentive staff+ Clean common areas+ Strong pools and facilities+ Good breakfast and dining+ Modern atmosphere
− Intermittent Wi‑Fi− Occasional noise− Minibar-restocking complaint− Isolated reception complaint

no notes returned

no links returned

Guests repeatedly describe the staff as friendly and attentive, with comments such as “exceptional staff” and praise for spotless pool and hotel areas, breakfast and facilities. The operational criticisms are comparatively isolated but include “WIFI was not working well,” a report of noise, and a guest who said minibar replenishment required daily calls; Tripadvisor also records one “extremely unfriendly and unwelcoming” check-in.

Atana Stay Salalah52 units
7.4/ 10
—/ 10
7.1/ 10
Booking.com 9.2/10, 8.4/10, 8.7/10, 8.7/10, 8.3/10, 8.6/10, 8.6/10 · 468 reviews · booking.com
Combined from 7 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.1.

Google Reviews/Maps has the largest reported review base and its published 4.2/5 rating converts to 7.4/10 under the requested curve. Booking.com and Tripadvisor provide materially different guest perspectives, but neither replaces the largest-base anchor; the written evidence is mostly positive while also documenting isolated room-condition, accessibility and service concerns. Evidence is guest-based rather than resident-based, and the current published counts may differ between page surfaces.

+ Rooms described as clean and well maintained+ Spacious rooms+ Outdoor pool and parking+ Modern room amenities
− Mold and humidity reported− Shared AC controller− Stairs-only upper-floor access− Wheelchair limitations reported
+ Friendly and attentive staff+ Good breakfast+ Free airport shuttle+ Pool and garden atmosphere+ Free parking
− One missed room-service request− Breakfast criticism appears in Google topic summary− Limited taxi accessibility

Most sampled guests described rooms as “very spacious, comfortable and clean,” and Booking.com records comfort at 8.7/10. A contrary review reported that “mold and humidity effects can be noticed,” that rooms did not support wheelchairs, and that there were “stairs only no elevators”; another reported a shared AC controller between two rooms.

The daily experience is generally praised: guests called the staff “very friendly and helpful,” described “excellent service,” and highlighted upgrades, breakfast, pool, parking and airport transfer. The sampled criticism was operational rather than systemic: one guest said room service was missed until reception was told, while another said the evening menu looked basic and the hotel was not very accessible by taxi.

Atana Stay Al Ashkhara46 units
7.2/ 10
6.4/ 10
7.1/ 10
Booking.com 8.2/10, 8.1/10, 9.1/10, 7.9/10, 8.6/10, 7.7/10, 7.9/10 · 354 reviews · booking.com
Tripadvisor 4.6/5, 4.7/5, 4.7/5, 4.8/5, 4.6/5 · 166 reviews · tripadvisor.co.uk
Agoda 9/10, 8.4/10, 8.3/10, 7.8/10, 7.5/10 · 173 reviews · agoda.com
Combined from 17 published figures on 3 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.1.

Booking.com has the largest review base and sets the guest-rating anchor at 8.2/10, converted to 6.4 under the requested guest curve. The score is lifted toward the materially higher Tripadvisor result and supported by Agoda, then moderated by recurring Wi‑Fi, breakfast and condition complaints; structure is scored separately from the reported bathroom, toilet-flow and outdated-room evidence.

+ Clean rooms and garden reported+ Spacious accommodation+ Secure parking and 24-hour security listed
− Bathroom updates requested− Poor toilet water flow reported− Some rooms described as outdated or not completely clean
+ Friendly helpful staff+ Beach and coastal location+ Spacious rooms+ Peaceful atmosphere+ Free car-wash service praised
− Unreliable Wi‑Fi− Breakfast variety or quality concerns− Small pool− Slow à la carte dinner service− Some room-readiness complaints

Published guest feedback is broadly positive about room size and cleanliness, but it includes physical-condition reservations: “Some renovations for the bathrooms will add more to the place,” and one reviewer reported that “The water flow at the toilet is poor.” Agoda also records a guest describing rooms as “not completely clean and quite outdated”; no published evidence of major structural failure, flooding or lift failure was found.

The daily experience is generally described as calm and well-serviced: guests praised “very friendly reception and staff,” helpful employees and the free car wash, while Tripadvisor’s service sub-score was 4.8/5. The main operational drawbacks were repeated Wi‑Fi complaints—“WiFi keeps disconnecting”—and breakfast limitations; Agoda’s summary says some guests noted poor Wi‑Fi and that breakfast could be improved.

Only buildings that have reached handover are rated. 0 of 9 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Oman Tourism Development Company SAOC
Headquarters
Muscat, Oman
Founded
2005
Oman
Entity type
STATE OWNED
Revenue
OMR 58.3 million
2024
Business model
offplan for sale, commercial, mixed use, masterplan, other

Partners

7 partners
VA Group
joint venture

The partnership covers a mixed-use project at the Sultan Qaboos Port waterfront and two mixed-use projects under the Yiti Integrated Tourism Development.

Aurelian Group
joint venture

The partnership covers a mixed-use project under the Yiti Integrated Tourism Development.

Enevória Development
joint venture

The partnership covers a luxury resort under the global Nobu brand at Yiti.

Oman Agriculture Development Company
joint venture

The partnership covers Janaen Salalah, described as an integrated agri-tourism project.

Santani Wellness Resorts
operator

The collaboration covers development of a wellness retreat at Jabel Shams combining nature, tranquillity and sustainable design.

Qatari Diar
joint venture

The Diar Ras Al Hadd project is presented as a partnership in which the project page identifies OMRAN Group and Qatari Diar as partners.

Four Seasons Hotels and Resorts
operator

The partnership covers the planned Four Seasons Resort and Private Residences Muscat.

Sources: partners

COMPANY2025-09-01

OMRAN Group announces new strategic partnerships to strengthen tourism infrastructure

OMRAN Group
Highlights included the announcement of an agreement with VA Group to develop a mixed-use project at the Sultan Qaboos Port waterfront, as well as three new partnerships under the Yiti Integrated Tourism Development: two mixed-use projects with VA Group and Aurelian Group
value seen: VA Group
https://omran.om/news/2025/omran-group-announces-new-strategic-partnerships-to-strengthen-tourism-infrastructure

Sources: partners

COMPANY2025-09-01

OMRAN Group announces new strategic partnerships to strengthen tourism infrastructure

OMRAN Group
two mixed-use projects with VA Group and Aurelian Group
value seen: Aurelian Group
https://omran.om/news/2025/omran-group-announces-new-strategic-partnerships-to-strengthen-tourism-infrastructure

Sources: partners

COMPANY2025-09-01

OMRAN Group announces new strategic partnerships to strengthen tourism infrastructure

OMRAN Group
a luxury resort under the global Nobu brand with Enevória Development
value seen: Enevória Development
https://omran.om/news/2025/omran-group-announces-new-strategic-partnerships-to-strengthen-tourism-infrastructure

Sources: partners

COMPANY2025-09-01

OMRAN Group announces new strategic partnerships to strengthen tourism infrastructure

OMRAN Group
a partnership was announced with Oman Agriculture Development Company to develop Janaen Salalah the first integrated agri-tourism project of its kind in the Sultanate
value seen: Oman Agriculture Development Company
https://omran.om/news/2025/omran-group-announces-new-strategic-partnerships-to-strengthen-tourism-infrastructure

Sources: partners

COMPANYdate not shown in source

OMRAN Group - Projects - Santani Jabel shams

OMRAN Group
OMRAN Group has partnered with Santani Wellness Resorts to introduce a new standard for wellness tourism in the Sultanate of Oman.
value seen: Santani Wellness Resorts
https://omran.om/index.php/projects/santani-jabel-shams

Sources: partners

COMPANYdate not shown in source

OMRAN Group - Projects - Diar Ras Al Hadd

OMRAN Group
The partnership between 70% OMRAN Group 50% Qatari Diar
value seen: Qatari Diar
https://omran.om/index.php/projects/diar-ras-al-hadd

Sources: partners

PRESS2022-05-05

Four Seasons and Oman Tourism Development Company (OMRAN Group) Announce Plans for Luxury Seaside Resort and Private Residences in Muscat

Four Seasons Hotels and Resorts · carried by prnewswire.com
Four Seasons and Oman Tourism Development Company (OMRAN Group) ... announce plans for the upcoming Four Seasons Resort and Private Residences Muscat, Oman
value seen: Four Seasons Hotels and Resorts
held out of the figures · the quote does not carry this value
https://www.prnewswire.com/news-releases/four-seasons-and-oman-tourism-development-company-omran-group-announce-plans-for-luxury-seaside-resort-and-private-residences-in-muscat-301539841.html

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Omanactive 9 projects tracked

What they build

4 types
Hotel7 of 9
Other3 of 9
Masterplan1 of 9
Office1 of 9
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AQ
Azzan Qassim Al Busaidi
Azzan Qassim Al Busaidi chairs OMRAN Group while also serving as Oman’s Undersecretary of Tourism. His documented background includes leadership at Ithraa, board service at Minerals Development Oman and Oman Airports, and economics and MBA training.
Current title
Chairman
since Jan 2023 - Present
Experience
no career length stated
Companies before
Ithraa
Education
Sultan Qaboos UniversityBsc. Economics Economics
University of StrathclydeMBA
University of OxfordNational Leadership & Competitiveness Program
Other boards
Minerals Development Oman SAOC (MDO) — Board MemberOman Airports Management Company — Board Member
Known for
ChairmanUndersecretary of TourismMBAEconomics
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: degree

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### Bsc. Economics Economics at [Sultan Qaboos University]
value seen: Bsc. Economics Economics
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: institution

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### Bsc. Economics Economics at [Sultan Qaboos University]
value seen: Sultan Qaboos University
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: degree

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### MBA at [University of Strathclyde]
value seen: MBA
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: institution

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### MBA at [University of Strathclyde]
value seen: University of Strathclyde
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: degree

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### [University of Oxford] National Leadership & Competitiveness Program
value seen: National Leadership & Competitiveness Program
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: institution

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### [University of Oxford] National Leadership & Competitiveness Program
value seen: University of Oxford
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: linkedin page

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
https://linkedin.com/in/azzan-al-busaidi-57a28824
value seen: https://linkedin.com/in/azzan-al-busaidi-57a28824
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: other boards

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### Board Member - [Minerals Development Oman SAOC "MDO"]
value seen: Minerals Development Oman SAOC (MDO) — Board Member
held out of the figures · the quote does not carry this value
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: other boards

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### Board Member - [Oman Airports Management Company]
value seen: Oman Airports Management Company — Board Member
held out of the figures · the quote does not carry this value
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: previous companies

SOCIALdate not shown in source

Azzan Al Busaidi

Azzan Al Busaidi · carried by linkedin.com
### [Ithraa] #### Chief Executive Officer
value seen: Ithraa
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: since

COMPANYdate not shown in source

Azzan Al Busaidi

OMRAN Group · carried by linkedin.com
### Chairman - [Omran Group OM] (Current) Jan 2023 - Present
value seen: Jan 2023 - Present
https://linkedin.com/in/azzan-al-busaidi-57a28824

Sources: summary

PRESSdate not shown in source

Azzan Al-Busaidi | Fraser Institute

Azzan Al-Busaidi | Fraser Institute
Azzan Qassim Al Busaidi, worked as an economist at several departments relevant to research, investments, and marketing in Oman, as well as working as the CEO of the International Research Foundation in Oman. He holds a degree in Economics from Sultan Qaboos University in Oman and an MBA from the University of Strathclyde in Scotland.
value seen: Azzan Qassim Al Busaidi chairs OMRAN Group while also serving as Oman’s Undersecretary of Tourism. His documented background includes leadership at Ithraa, board service at Minerals Development Oman and Oman Airports, and economics and MBA training.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.fraserinstitute.org/profile/azzan-al-busaidi

Sources: title

COMPANYdate not shown in source

OMRAN Group - About OMRAN Group

OMRAN Group
##### H.E. Azzan Qassim Al Busaidi Chairman
value seen: Chairman
https://omran.om/about-omran-group
AM
Al Mutasim Said Al Sariri
Al Mutasim Said Al Sariri is OMRAN’s Vice Chairman and Oman Investment Authority’s Director of In-Country Value. His background spans sustainable development, innovation, partnership development and project management, including a prior corporate-identity and culture role at OQ.
Current title
Vice Chairman
since May 2023 - Present
Experience
20+ years public/private sectors
Companies before
OQShell Development Oman
Education
Sultan Qaboos UniversityBachelor’s degree in Economics
University of CambridgePostgraduate Diploma Certificate in Sustainable Business
Other boards
none sourced
Known for
Vice ChairmanICV DirectorSultan Qaboos University
https://linkedin.com/in/almutasim-alsariri-7a936433

Sources: degree

COMPANYdate not shown in source

Board Members – ITHCA

OMRAN Group · carried by ithca.om
He has a bachelor degree in economics from Sultan Qaboos University
value seen: Bachelor’s degree in Economics
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ithca.om/board-members/

Sources: institution

COMPANYdate not shown in source

Board Members – ITHCA

OMRAN Group · carried by ithca.om
He has a bachelor degree in economics from Sultan Qaboos University
value seen: Sultan Qaboos University
https://ithca.om/board-members/

Sources: degree

COMPANYdate not shown in source

Board Members – ITHCA

OMRAN Group · carried by ithca.om
Postgraduate Diploma Certificate in Sustainable Business from Cambridge University
value seen: Postgraduate Diploma Certificate in Sustainable Business
value paraphrased from this source
https://ithca.om/board-members/

Sources: institution

COMPANYdate not shown in source

Board Members – ITHCA

OMRAN Group · carried by ithca.om
Postgraduate Diploma Certificate in Sustainable Business from Cambridge University
value seen: University of Cambridge
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ithca.om/board-members/

Sources: since

SOCIALdate not shown in source

Almutasim AlSariri

Almutasim AlSariri · carried by linkedin.com
### Vice Chairman - [Omran Group OM] (Current) May 2023 - Present
value seen: May 2023 - Present
https://linkedin.com/in/almutasim-alsariri-7a936433

Sources: summary

COMPANYdate not shown in source

Board Members – ITHCA

OMRAN Group · carried by ithca.om
With more than 20 years of experience in the public and private sectors, Al Mutasim Al Sariri has a diverse skill set includes partnership development, business planning, project management, communication, sustainability, corporate affairs, and SME Development. Currently serving as the director of In-Country Value (ICV) at Oman Investment Authority.
value seen: Al Mutasim Said Al Sariri is OMRAN’s Vice Chairman and Oman Investment Authority’s Director of In-Country Value. His background spans sustainable development, innovation, partnership development and project management, including a prior corporate-identity and culture role at OQ.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ithca.om/board-members/

Sources: title

COMPANYdate not shown in source

OMRAN Group - About OMRAN Group

OMRAN Group
##### Al Mutasim Said Al Sariri Vice Chairman
value seen: Vice Chairman
https://omran.om/about-omran-group
AA
Ayad Ali Al Balushi
Ayad Ali Al Balushi became OMRAN Group CEO in February 2026. He brings senior finance, strategy and energy-sector experience from Oman Investment Authority, OQ, OQ Exploration & Production, SLB and Petroleum Development Oman, and holds a mechanical-engineering degree from Nottingham.
Current title
Chief Executive Officer
since Feb 2026 - Present
Experience
no career length stated
Companies before
Oman Investment AuthorityOQOQ Exploration & ProductionSLBPetroleum Development Oman
Education
University of NottinghamBachelor of Science — Mechanical Engineering
Other boards
Abraj Energy Services SAOC — Deputy Chairman
Known for
CEOex-Oman Investment Authorityex-OQMechanical Engineering
https://linkedin.com/in/ayad-al-balushi-b2135216

Sources: degree

SOCIALdate not shown in source

Ayad Al Balushi

Ayad Al Balushi · carried by linkedin.com
### Bachelor of Science - BS Mechanical Engineering at [University of Nottingham]
value seen: Bachelor of Science — Mechanical Engineering
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ayad-al-balushi-b2135216

Sources: institution

SOCIALdate not shown in source

Ayad Al Balushi

Ayad Al Balushi · carried by linkedin.com
### Bachelor of Science - BS Mechanical Engineering at [University of Nottingham]
value seen: University of Nottingham
https://linkedin.com/in/ayad-al-balushi-b2135216

Sources: other boards

PRESS2020-02-20

Ayad Al-Balushi, OQ | World Refining Association

Ayad Al-Balushi, OQ | World Refining Association
He is the Deputy Chairman of Abraj Energy Services
value seen: Abraj Energy Services SAOC — Deputy Chairman
held out of the figures · the quote does not carry this value
https://worldrefiningassociation.com/event-speakers/ayad-al-balushi/

Sources: since

SOCIALdate not shown in source

Ayad Al Balushi

Ayad Al Balushi · carried by linkedin.com
### Group Chief Executive Officer - [Omran Group OM] (Current) Feb 2026 - Present
value seen: Feb 2026 - Present
https://linkedin.com/in/ayad-al-balushi-b2135216

Sources: summary

PRESS2020-02-20

Ayad Al-Balushi, OQ | World Refining Association

Ayad Al-Balushi, OQ | World Refining Association
Mr. Ayad Al Balushi has diversified experience in upstream oil & gas covering the areas of Finance & Strategy, Portfolio, Economics & Planning and Projects and is currently leading “Nakhla” integration program.
value seen: Ayad Ali Al Balushi became OMRAN Group CEO in February 2026. He brings senior finance, strategy and energy-sector experience from Oman Investment Authority, OQ, OQ Exploration & Production, SLB and Petroleum Development Oman, and holds a mechanical-engineering degree from Nottingham.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://worldrefiningassociation.com/event-speakers/ayad-al-balushi/

Sources: title

COMPANYdate not shown in source

OMRAN Group - About OMRAN Group

OMRAN Group
##### Ayad Ali Al Balushi Chief Executive Officer
value seen: Chief Executive Officer
https://omran.om/about-omran-group
SS
Saif Sulaiman Al Yarubi
Saif Sulaiman Al Yarubi is OMRAN Group’s CFO. His prior finance leadership includes Galfar Engineering, Kerzner International, Alizz Islamic Bank and Investment Corporation of Dubai; independent reporting describes more than 30 years in accounting and finance and FCCA/FMAAT credentials.
Current title
Chief Financial Officer
since Oct 2021 - Present
Experience
no career length stated
Companies before
Galfar Engineering & ContractingKerzner InternationalAlizz Islamic BankInvestment Corporation of Dubai
Education
FCCA, UKFCCA, MAAT, Accounting and Finance
Other boards
none sourced
Known for
CFOFCCAFMAATex-Kerzner International
https://linkedin.com/in/saif-yaarubi-79561b5b

Sources: degree

SOCIALdate not shown in source

Saif Yaarubi

Saif Yaarubi · carried by linkedin.com
### FCCA, MAAT, Accounting and Finance at FCCA, UK
value seen: FCCA, MAAT, Accounting and Finance
https://linkedin.com/in/saif-yaarubi-79561b5b

Sources: institution

SOCIALdate not shown in source

Saif Yaarubi

Saif Yaarubi · carried by linkedin.com
### FCCA, MAAT, Accounting and Finance at FCCA, UK
value seen: FCCA, UK
https://linkedin.com/in/saif-yaarubi-79561b5b

Sources: since

SOCIALdate not shown in source

Saif Yaarubi

Saif Yaarubi · carried by linkedin.com
### Chief Financial Officer - [Omran Group OM] (Current) Oct 2021 - Present
value seen: Oct 2021 - Present
https://linkedin.com/in/saif-yaarubi-79561b5b

Sources: summary

PRESS2021-02-11

Oman’s Galfar Engineering appoints Saif Al Yaarubi as new CFO - The Arabian Stories News

Oman’s Galfar Engineering appoints Saif Al Yaarubi as new CFO · carried by thearabianstories.com
Saif who has over 30 years of experience in accounting and finance is a Fellow Certified Chartered Accountant (FCCA) and a Fellow Member of the Association of the Accounting Technicians (FMAAT).
value seen: Saif Sulaiman Al Yarubi is OMRAN Group’s CFO. His prior finance leadership includes Galfar Engineering, Kerzner International, Alizz Islamic Bank and Investment Corporation of Dubai; independent reporting describes more than 30 years in accounting and finance and FCCA/FMAAT credentials.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.thearabianstories.com/2021/02/11/omans-galfar-engineering-appoints-saif-al-yaarubi-as-new-cfo/

Sources: title

COMPANYdate not shown in source

OMRAN Group - About OMRAN Group

OMRAN Group
##### Saif Sulaiman Al Yarubi Chief Financial Officer
value seen: Chief Financial Officer
https://omran.om/about-omran-group
MK
Mohammed Khamis Al Ghufaili
Mohammed Khamis Al Ghufaili is OMRAN Group’s Chief Operations Officer, responsible at executive level for the group’s real-estate investment, development and operations portfolio. His documented prior roles include Corporate Support Director at YTDC and COO at ASAAS; he studied journalism and mass communication at Sultan Qaboos University.
Current title
Chief Operations Officer
since Oct 2021 - Present
Experience
no career length stated
Companies before
YTDCASAAS
Education
Sultan Qaboos UniversityBA Journalism, Mass Communication/Media Studies
Other boards
none sourced
Known for
COOReal estate operationsex-ASAAS
https://om.linkedin.com/in/mohammed-al-ghufaili-743323b7

Sources: degree

SOCIALdate not shown in source

Mohammed Al Ghufaili

Mohammed Al Ghufaili · carried by om.linkedin.com
### BA Journalism, Mass Communication/Media Studies at Sultan Qaboos University
value seen: BA Journalism, Mass Communication/Media Studies
https://om.linkedin.com/in/mohammed-al-ghufaili-743323b7

Sources: institution

SOCIALdate not shown in source

Mohammed Al Ghufaili

Mohammed Al Ghufaili · carried by om.linkedin.com
### BA Journalism, Mass Communication/Media Studies at Sultan Qaboos University
value seen: Sultan Qaboos University
https://om.linkedin.com/in/mohammed-al-ghufaili-743323b7

Sources: since

SOCIALdate not shown in source

Mohammed Al Ghufaili

Mohammed Al Ghufaili · carried by om.linkedin.com
### Chief Operations Officer - [Omran Group OM] (Current) Oct 2021 - Present
value seen: Oct 2021 - Present
https://om.linkedin.com/in/mohammed-al-ghufaili-743323b7

Sources: summary

SOCIALdate not shown in source

Mohammed Al Ghufaili

Mohammed Al Ghufaili · carried by om.linkedin.com
Chief Operations Officer - [Omran Group OM] (Current) Oct 2021 - Present (4 years and 11 months) Real Estate Investment, Development and Operations
value seen: Mohammed Khamis Al Ghufaili is OMRAN Group’s Chief Operations Officer, responsible at executive level for the group’s real-estate investment, development and operations portfolio. His documented prior roles include Corporate Support Director at YTDC and COO at ASAAS; he studied journalism and mass communication at Sultan Qaboos University.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://om.linkedin.com/in/mohammed-al-ghufaili-743323b7

Sources: title

SOCIALdate not shown in source

Mohammed Al Ghufaili

Mohammed Al Ghufaili · carried by om.linkedin.com
Chief Operations Officer -OMRAN
value seen: Chief Operations Officer
https://om.linkedin.com/in/mohammed-al-ghufaili-743323b7
HM
Hilal Masoud Al Jadidi
Hilal Masoud Al Jadidi leads OMRAN Group’s human-capital function. His background covers HR strategy, organisational development and change across tourism, hospitality, energy, telecommunications and consulting, with prior work at Takatuf Oman and MBA, management and research credentials.
Current title
Chief Human Capital Officer
Experience
no career length stated
Companies before
Takatuf Oman
Education
Sultan Qaboos UniversityMaster’s degree in Business Administration; Bachelor’s degree in Management
Edinburgh Business SchoolPostgraduate Certificate in Research Management
Other boards
none sourced
Known for
Human capitalMBASHRM-SCPSPHRi

Sources: degree

PRESSdate not shown in source

Hilal Al Jadidi - SHRM MENA Conference

Hilal Al Jadidi · carried by shrmmena.org
He holds a Master’s degree in Business Administration and a Bachelor’s degree in Management from Sultan Qaboos University.
value seen: Master’s degree in Business Administration; Bachelor’s degree in Management
held out of the figures · the quote does not carry this value
https://shrmmena.org/team/hilal-al-jadidi/

Sources: institution

PRESSdate not shown in source

Hilal Al Jadidi - SHRM MENA Conference

Hilal Al Jadidi · carried by shrmmena.org
He holds a Master’s degree in Business Administration and a Bachelor’s degree in Management from Sultan Qaboos University.
value seen: Sultan Qaboos University
https://shrmmena.org/team/hilal-al-jadidi/

Sources: degree

PRESSdate not shown in source

Hilal Al Jadidi - SHRM MENA Conference

Hilal Al Jadidi · carried by shrmmena.org
Further enhancing his academic prowess, he has attained a Postgraduate Certificate in Research Management from Edinburgh Business School.
value seen: Postgraduate Certificate in Research Management
https://shrmmena.org/team/hilal-al-jadidi/

Sources: institution

PRESSdate not shown in source

Hilal Al Jadidi - SHRM MENA Conference

Hilal Al Jadidi · carried by shrmmena.org
Further enhancing his academic prowess, he has attained a Postgraduate Certificate in Research Management from Edinburgh Business School.
value seen: Edinburgh Business School
https://shrmmena.org/team/hilal-al-jadidi/

Sources: summary

PRESSdate not shown in source

Hilal Al Jadidi - SHRM MENA Conference

Hilal Al Jadidi · carried by shrmmena.org
Hilal Al Jadidi is a distinguished professional with a wealth of expertise in Human Capital Management, specializing in consulting, business development, HR strategic planning, organizational development and design, project management, and Human Resources policies and rewards.
value seen: Hilal Masoud Al Jadidi leads OMRAN Group’s human-capital function. His background covers HR strategy, organisational development and change across tourism, hospitality, energy, telecommunications and consulting, with prior work at Takatuf Oman and MBA, management and research credentials.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://shrmmena.org/team/hilal-al-jadidi/

Sources: title

COMPANYdate not shown in source

OMRAN Group - About OMRAN Group

OMRAN Group
##### Hilal Masoud Al Jadidi Chief Human Capital Officer
value seen: Chief Human Capital Officer
https://omran.om/about-omran-group

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

9 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Madinat Al Irfan (East) Phase IOman
masterplan, hotel, office, other————————Jan 2024—not scorablecompleted
Oman Adventures Centre — Phase I (dual zipline)Oman
other—————2021Dec 26, 2021Jan 2022 – Dec 2022Apr 2023+9.5 mo
(+4.0 to +15.0)
sourcedcompleted
Jumeirah Muscat BayOman
hotel2061——OMR 60m
investment announced
—2022June 30, 2022Jan 2017 – Dec 2017Jun 2022+59.5 mo
(+54.0 to +65.0)
sourcedcompleted
dusitD2 Naseem Resort, Jabal AkhdarOman
hotel2501——OMR 24m
investment announced
————Jan 2022—not scorablecompleted
JW Marriott MuscatOman
hotel3041——RO 47m
investment announced
—2020Feb. 18, 2020Jul 2019 – Sep 2019Sep 2020+13.0 mo
(+12.0 to +14.0)
estimatedcompleted
Atana Stay Al AshkharaOman
hotel461——————Aug 2019Jul 2019−1.0 mo
(−1.0 to −1.0)
sourcedcompleted
Atana Stay SalalahOman
hotel521————2019August 1, 2019—Jul 2019—not scorablecompleted
W MuscatOman
hotel2511————2016July 2016Jun 2019Apr 2019−2.0 mo
(−2.0 to −2.0)
sourcedcompleted
Oman Convention & Exhibition Centre — Phase 2Oman
other—————2011January 4, 2011Jun 2018Aug 2018+2.0 mo
(+2.0 to +2.0)
estimatedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
PROJECT AWARD Winner 2026
Mixed-Use Development of the Year – Oman · Madinat Al Irfan
Madinat Al Irfan received the award for its integrated masterplan combining residential, commercial, hospitality, retail and cultural components; the project is a destination of OMRAN Group.
GOVERNMENT RECOGNITION Winner 5 May 2026
Private Sector Engagement Award
OMRAN Group received the OIA Excellence Award for achieving full marks in attracting foreign capital and executing successful exits from the Sultan Qaboos Port Waterfront Development Project and Yiti Development Project (Phase 3).
SUSTAINABILITY Certified 1 May 2025
WTTC Hotel Sustainability Basics verification
The developer reports that 16 OMRAN Group hotels and resorts became the first in Oman to attain verification under the WTTC Hotel Sustainability Basics programme.
PROJECT AWARD Winner 2025
Masterplan Development of the Year – Oman · Al Mouj Muscat
Al Mouj Muscat won the award; the source identifies OMRAN as a partner in the public-private partnership that developed the community.
PROJECT AWARD Winner 2025
Mixed-Use Development of the Year – Oman · Al Mouj Muscat
Al Mouj Muscat won the award; the source identifies OMRAN as a partner in the public-private partnership that developed the community.
SUSTAINABILITY Winner 31 October 2023
GCC Housing Award · The Sustainable City – Yiti Project
The project, a partnership between OMRAN Group and Diamond Developers, was honoured for sustainable solutions and management across economic, environmental and social spheres.
PROJECT AWARD Winner 2020 (reported 31 January 2021)
Hospitality Project of the Year · W Muscat
OMRAN Group won the title for its work on the W Muscat hotel, which opened in June 2020.

Risks

Auditor & credit ratings

audited accounts
AuditorEY

Risk flags

7 found
DELIVERY DELAY Reported October 15, 2024; underlying delay through 2022
The State Audit Institution’s 2023 review reported that execution of Commercial Building No. 1 at OMRAN’s Business Complex had been delayed for more than ten years: a consultancy tender was issued in November 2012, the feasibility study was not completed until January 2022, and the project was assigned in June 2022 without all required bank financing or sufficient investors; OMRAN said it would tighten compliance with investment-financing guidelines for future projects.
PROJECT CANCELLED March 9, 2026
OMRAN informed TUI that the agreed March 31, 2026 timeline for implementing their hospitality partnership was no longer achievable, so implementation was suspended, including the planned joint development and ownership of five Dhofar hotels and OMRAN’s planned 1.4% TUI shareholding; the parties said they would continue dialogue.
FINANCIAL DISTRESS Reported October 15, 2024; debt period 2015–June 2023
The State Audit Institution’s review reported accumulated OMRAN debt of RO108 million from borrowing to finance investment projects during 2015–June 2023; OMRAN said it expected future investment returns to reduce the debt, which was a plan rather than completed deleveraging.
RISK Reported October 15, 2024; closure and repairs occurred before the report
The audit reported significant structural defects in a hotel in OMRAN’s portfolio, repair costs of about RO11.9 million and operational losses of about RO10.5 million while the hotel was closed; OMRAN said it had recovered RO8.2 million from the consultant and was pursuing further claims, so the finding does not establish that OMRAN caused the defects.
DELIVERY DELAY Original commitment published 2022-03-30; later developer update published 2024-12-14 targeted full operation in 2026; current project-site position retrieved 2026-10-13 gives December 2027 handover.
The Sustainable City–Yiti, developed by Diamond Developers/SEE Holding in collaboration with OMRAN Group, remains an active development but is overdue against OMRAN’s March 2022 public commitment for completion by 2025; the project site now states a December 2027 handover for The Plaza, so this is schedule slippage rather than abandonment.
DELIVERY DELAY Audit period through June 2023; source publication 2024-10-15; underlying tender November 2012 and feasibility-study date January 2022.
Commercial Building No. 1 at OMRAN’s Business Complex was reported by the State Audit-based coverage as suffering a decade-long execution delay: a consultancy tender was issued in November 2012, but the feasibility study was not finalised until January 2022, and a RO9.4 million funding gap continued to threaten viability.
PROJECT CANCELLED Binding agreement 2025-09-18; suspension announced 2026-03-09; missed commitment date 2026-03-31.
The planned TUI–OMRAN hospitality joint venture covering ownership and development of five new hotels in Dhofar was suspended after OMRAN informed TUI that the agreed 31 March 2026 implementation timeline was no longer achievable; both parties said they would continue dialogue, so the source documents a suspension rather than a permanent cancellation.

Record status

active
Coverageactive
Tracked sinceOctober 12, 2026
Last checkedOctober 13, 2026 this month
Profile last researchedOctober 13, 2026
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