Nama'a Real Estate to develop Muscat Airport free zone
Namaa Real Estate Company has signed a usufruct agreement with OMRAN Group to develop and operate the free zone at Muscat Airport. The goal is to attract global companies and economic projects by building an integrated business complex spanning 25,000 square meters, with an investment of approximately 41 million Omani rials. The project aims to enhance the business environment and attract quality investments. It is located on November 18 Street, near Muscat International Airport, and includes smart offices and fully equipped workspaces to enable regional and international companies to establish their headquarters in the Sultanate. This step is part of efforts to develop the free zone and support Oman Vision 2040, offering incentives such as full foreign ownership, customs, and tax exemptions, to strengthen Oman’s position as an integrated economic hub.
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