20/05/2012 17:35 AST

During the recently held Arab Travel Market (ATM) in Dubai, Taameer Investment (SAOC), in the presence of elite international and Omani travel and tourism senior executives headed by Maitha al Mahrouqia, Under-Secretary of the Ministry of Tourism, and some top executives from Oman Air, signed a ‘Hospitality Management Contract’ with Shaza Hotels.

The contract was signed by Suleiman bin Masoud al Harthi, CEO of Taameer Investment and Simon Coombs, CEO of Shaza Hotels, in the presence of Shaikh Salim bin Ahmad al Ghazali, Chairman of Taameer Investment. A ‘Resort Management Contract’ was also signed for Dhofar Beach Resort, a tourism project developed by Taameer Investment in the Dhofar Governorate.

Taameer Investment decided to announce the signing ceremony during the ATM due to the importance of the Arab Travel Market being the largest travel and tourism event in the Middle East region.

Located in Salalah, Taameer aims to develop a global five-star resort with a capacity of 300 rooms including serviced apartments and international restaurants. Once completed, the project will introduce a premier concept for hotel services in Salalah and thereby enhance tourism in Dhofar Governorate.

Earlier, Taameer Investment had signed other contracts with a number of internationally reputed consultants to develop and carry out the design of interiors, landscaping and swimming pools.

Shaza Hotels is an independent five-star hotel operator, supported by Kempinski, hoteliers since 1897 and Guidance Hotel Investment Company — Shaza’s regional financial partner and also a member of the Global Hotel Alliance.

Suleiman al Harthi, CEO of Taameer Investment, commented: “The signing ceremony would be followed by various activities and preparations for the start of the construction while the inauguration of Dhofar Beach Resort is planned for September 2012.

Taameer Investment (SAOC) is one of Oman's leading investment companies with various investments in real estate, industrial, financial and service sectors. Taameer Investment was established in 2006 and since then, the company has grown progressively to be one of the leading investment companies in Oman with effective contribution towards the national economic growth.


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