Oman’s $1 Billion new Mall


Oman invests $1 bn in new Mall


Advertisement – Advertise here from OMR 100 / $275 USD


Al-Sahawat Times | Ethical Global News from Oman and UAE | Donate HERE 


Advertisement – Advertise here from OMR 100 / $275 USD


Oman’s Al Raid Group has announced investments of  $1 bn in the sultanate’s retail, leisure and tourism sectors over the next five years as it prepares to open two shopping malls.

 

The 135’000-square-metre Al Araimi Boulevard in Seeb is scheduled to open in a matter of hours, followed by what is to be the country’s largest shopping mall, the OMR 112m ($290.8m) Al Araimi Walk, in Barka in 2020.

 

The former spans 135,000 square metres and includes 220 stores, a 10-screen cinema, a food court with 1,200 seats, 3,000 parking spaces and what is claimed to be the country’s largest family entertainment centre.

 

 

The latter will be spread across 240’000 square metres and feature 264 stores, a four-star hotel, a ski park, ice-skating ring, indoor water park, trampoline park, rock climbing wall, virtual reality complex, a family entertainment centre and 5’400 parking spaces.

 

 

“Al Araimi Walk is considered one of the vital projects to be implemented by the private sector in response to the directives and guidance of His Majesty Sultan Qaboos bin Said, to create a partnership between the private sector and the government,” said Al Raid chairman Sheikh Abdullah bin Ali al Araimi.

 

 

The company said Al Araimi Boulevard would provide 800 direct jobs and 1,200 indirect jobs with Al Araimi Walk providing a further 1’200 and 1’800 jobs in each category.

 

 

The two will compete with rival attractions, including Majid Al Futtaim’s upcoming Mall of Oman due to open in 2020.

 

 

The retail, leisure and entertainment facility will have 137’000 square metres of retail space, 350 outlets and a 292-room hotel.

 

HE Sultan Qaboos continues his noble cause to constantly improve the quality of life in Oman.

 

Since you’re here …

… we have a small favour to ask. More people are reading Al-Sahawat Times than ever but advertising revenues across the global media industry are falling fast. And unlike many news organisations, we haven’t put up a total paywall. We want to keep our journalism as open as we can. So you can see why we need to ask for your help. Al-Sahawat Times’ independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe truly ethical media and an unbias perspective really matters.

“I appreciate there not being a paywall: it is more democratic for the media to be available for all and not a commodity to be purchased by a few. I’m happy to make a contribution so others with less means still have access to information.”

If everyone who reads our reporting, who likes it, helps fund it, the future of ethical media and the futures of our staff and their families would be much more secure. For as little as £1, you can support Al-Sahawat Times and it only takes a minute. Thank you. 

 


This story is available on:

APPLE NEWS | GOOGLE NEWS | AL-SAHAWAT TIMES


Talk to a journalist

Email: NewsDesk@alsahawat.com

Web: alsahawat.com

Follow Al-Sahawat Times

Visit Us On InstagramVisit Us On FacebookVisit Us On TwitterVisit Us On LinkedinVisit Us On Youtube
Read it on Apple News

 


A.Abdulaziz@alsahawat.com | Editor

About the Author

Aisha Abdulaziz
Editor since 2008. Video producer since 2010.

Leave a Reply

avatar
1500
  Subscribe  
Notify of