Three agreements signed for housing and tourism projects

The article discusses Omarzan Company's signing of three strategic development agreements for integrated residential and tourism projects in Al Irfan City, as well as the Yiti tourism project in Oman. The total investment exceeds 122 million Omani riyals (approximately 318 million US dollars). The agreements aim to strengthen collaborations with developers and international expertise to attract foreign investments, accelerate the development of tourism and urban destinations, and support the vision of economic diversification in line with Oman Vision 2040. The projects include the launch of residential development phases, with a residential neighborhood valued at 29 million riyals and luxury housing valued at 15.5 million riyals in Al Irfan City. Additionally, there is the high-end Yiti Tills and Oases tourism project, valued at 78 million riyals, which features a five-star hotel and 490 housing units. These initiatives aim to enhance the city's position as a diverse, sustainable urban and investment hub.