Egyptian billionaire Hisham Talaat Moustafa says his company will apply the same building standards it uses at home as it expands into Oman with projects valued at more than 5 billion, marking one of the largest foreign real estate investments in the sultanate in recent years.
Moustafa, the CEO and managing director of Talaat Moustafa Group Holding, made the pledge as the company unveiled two large developmentsJood and Yamalthat will together deliver about 15,000 residential units, hotels and waterfront facilities along Omans coast.
Studied Oman expansion targets mixed-use growth
