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Investment in Oman
The government of Oman has pledged to significantly invest in infrastructure in order to stimulate growth in the nation's non-oil GDP. A robust and reliable pipeline of investment possibilities in both current and new infrastructure asset classes is necessary due to the rising population and increasing demand for economic and social infrastructure. This is anticipated to encourage greater business and tourism, which will diversify and improve the economy, increase GDP, and lessen the long-term reliance on oil.
All growing economies, like Oman, depend heavily on investment to power their dynamic cores of structural change, development, and growth. The intensive investment programs over the past four decades have been able to move the modest oil proceeds to a developed social and economic infrastructure, which is necessary for guiding sustainable development. This is true despite the economic, political, and social conditions that prevailed at the Omani Renaissance in 1970.
The Sultanate actually possesses the infrastructure necessary to promote and facilitate both domestic and foreign ventures in Oman. Its geographic position, which looks out over both regional and international sea lanes, as well as the presence of Omani ports, opens up new possibilities for investment and unrestricted trade.
Additionally, the Sultanate is distinguished by its robust infrastructure, stable economy, and skilled workforce, all of which ensure that investing in Oman is simple. Not to mention the rules put in place to promote foreign investment and support this open economic approach, which are being supported by the Sultanate's participation in international organisations, international trading organizations, and a free trade agreement with the USA. Oman attempts to entice foreign ventures through a variety of incentives, including the following (in Arabic only):
• The costs of the services
• Five years of tax exemption, with the potential for a longer period under specific circumstance
• Individuals pay no income tax
• Freedom to move money around, including the ability to swap currencies at a set exchange rate
Project Central 7
Central 7 is the first stop for anyone looking for the ideal workplace, whether they are from multinational corporations, local corporate headquarters, unicorn corporate headquarters, businessmen corporate headquarters, financial and banking sectors, technical and entrepreneurial corporations, or investment and holding corporations.
The modern structure was built with the newest technologies to save energy while maintaining a comfortable and cool interior climate. This way, it can both serve its customers and protect the environment.
Why should I make an investment in Oman's Sultanate?
• Economic and political stability
• Transferable local currency that is stable
• Budgets and perks may be freely moved and transferred without limitations
• No individual income tax
• Low customs taxes on a large number of imported goods
• Free Trade pacts with different commercial blocs and individual countries
• Open trade and market principles.
• The best geographic location for gaining access to the markets in the Gulf, Asia, and Africa
• A member of the World Trade Organization is Oman (WTO).
• A firm commitment to privatizing public facilities and tight collaboration between the public and commercial sectors
• Tax exemptions that are appropriate and may last up to ten years
• Specialized legislation to safeguard foreign investment rights
• Simple loans with reasonable benefits and flexible repayment schedules
• Safety, security, and stability
• Justice and trustworthiness
• Systems of the present with simplified processes
Final Thoughts
Oman has been liberalizing its economy, expanding into new markets, and moving away from its reliance on oil. For instance, a significant copper project is currently underway. Oman has about 4 million inhabitants, which is less than Germany or the US, but the majority of them live in Muscat, the capital, and the wealthiest among them all have similar characteristics.

Many buyers are clamoring for western items and a faster way to make purchases. For frontier and emerging entrepreneurs that want to be big fish in little ponds and use straightforward methods already functioning in more developed economies with comparable levels of wealth, untapped markets like Oman present an intriguing possibility.
For more information, please contact us.
Bank Muscat Agreement
Wujha Real Estate and Bank Muscat has signed two agreements to cooperate in facilitating the housing financing procedures for the company’s clients of Zaha (Al Mawaleh South) and Dana Al Irfan projects.

It was signed by Hazaa Al-Saadi, CEO of Wujha, and Mr. Mahmoud Al-Hattali, Director of Products, Retail Sales, Assets and Properties in Bank Muscat.

These efforts is to facilitate for its clients the access to housing finance after approving their projects with local banks. The company signed similar agreements during this year for a number of its projects. Since its establishment, more than 500 customers have benefited from the residential solutions services that it provides within its own standards of quality that are equivalent to the value of residential units, as well as the presence of its projects in the most vital places in Muscat to provide an integrated residential and investment experience for customers.
Wujha Participated in Bank Muscat’s Baituna Souq
Wujha Participated in the annual ‘Baituna’ souq organized by Bank Muscat in Muscat City Centre. The 3 days event started on 22rd of January 2019 under the auspices of Eng. Siham Al-Harithiya, Director General of Planning and Studies at the Ministry of Housing.
Wujha Signed a Partnership With Initiative ‘Our Mussanah’
Wujha signed a partnership contract with youth initiative ‘Our Mussanah’ as part of the company’s plans to enhance social responsibility.

It was signed by Ammar bin Salem Al-Madhrouf Al-Saadi, Chairman of the Board of Directors of Wujha Group, and / Ahmed bin Jamil Al-Numani, Chairman of Board of Directors in Our Mussanah.
Wujha Hosts Annual Iftar Gathering 2019
Wujha hosted its annual iftar gathering for partners and clients of the company at Kempniski Hotel Almouj Muscat.
Wujha Participated in the Oman Real Estate EXPO
Wujha participated in the Oman Real Estate EXPO. The exhibit was heald at Oman Convention and Exhibition Centre under the auspices of His Excellency Sheikh Saif bin Mohammed Al Shabibi the Minister of Housing.
Wujha Exhibit for Ooredoo Employees
Wujha organized a special exhibit for Ooredoo employees at their HQ. The exhibit was to introduce Wujha and its projects to the employees of Ooredoo. At the end of the event, a withdrawal of an iPhone was held for the attendees.
Wujha Celebrates Omani Women’s Day at Laha Mall
Wujha Celebrates the Omani Women’s Day 2019 at Laha Mall. The celebration ceremony was under the auspices of Her Highness Dr. Taghreed Al Said.
Laha Mall, The First integrated mall for Wujha Real estate
Officially we opened “Laha Mall” which considered as the first step in Malls development filed, it covers an area of 5000 square meters, and located in ALKoud Area.

The ceremony was held under the patronage of His Excellency Sheikh Saif bin Muhammad Al-Shabibi, Minister of Housing, in the presence of their Excellencies, members of the Shura Council and Social Media Celebrity.

The ceremony included a variety of event, where a video was shown and the violinist Tahera Al Balushi played various tracks . At the end of the ceremony, His Excellency and gusts made a tour in the mall
Kick of year meeting
In the context of strengthen relations and evaluate the company’s general plans, the company held an annual employee celebration at the Kempinski Al Mouj Hotel, in the presence of the company’s chairman, CEO, department managers, employees and technicians.

It included a review of the work plan for the year 2021 and a discussion of the most prominent achievements in the past year, in addition to a review of the company’s future projects, which require everyone to work as a team to reach the desired goals for the development of the company.

A number of training workshops and sessions were also held to enhance communication between employees, in addition to discussing the strategies and future plans of the company and its orientations in the annual plan in the real estate market.