TAAMEER INVESTMENT to Unveil its New Five Star Hotel in the Sultanate

Published on : Monday, April 25, 2016

taameerTAAMEER INVESTMENT SAOC, gets set to unveil its third hotel, “Shaza Muscat” in the Sultanate of Oman, at the Arabian Travel Market 2016.


The new “Shaza Muscat” Hotel is an elite five Star Development with a capacity of 250 Hotel Rooms & 150 Hotel Apartments and will feature superlative Specialty Restaurants among other highlights. Shaza Muscat aims to welcome its first guests in the third quarter of 2019.


“Shaza Muscat” will be managed and operated by “Shaza Hotels” under the Shaza brand. “Shaza Hotels” is an independent five-star hotel operator that is supported by Kempinski chain of hotels (hoteliers since 1897).


This project is part of Taameer Investments’ dynamic plans to bring around 1700 high-end Hotel Rooms into the Omani market within the next 4 years in a bid to support the lucid plans of the Ministry of Tourism.


Shaza Muscat will be developed as part of a large Mix-Use development comprising of two levels of Retail, Grand Event/Function Hall, and a multi array of entertainment areas with an exclusive central Plaza to bring nature, life and entertainment to the heart of Muscat. The project is to be developed by Zakher Investment while Taameer Investment SAOC will hold 100% ownership.


With this leading hospitality investment, the proposed development is expected to create economic and social benefits for the community as it is located in the heart of Muscat, Al Khuwair on Dohat Al Adab Street. The upcoming project is well connected with the Sultan Qaboos Street and all leading artillery roads thus enabling easy access. The entire development will comprise of a luxurious office tower with the best business suites and shall be an icon of the city.


Taameer Investment SAOC and Shaza Hotels will sign the agreement of management at Arab Travel Market 2016 in the presence of His Excellency Sheikh Mohammed Bin Abdullah Al Qatabi, Oman’s Ambassador to the United Arab Emirates, and other principal executives from the country. The agreement will be signed by Mr. Suleiman bin Masoud Al-Harthy, CEO of Taameer Investment SAOC and Mr. Simon Coombs, CEO of Shaza Hotels, in the presence of Shaikh Salim bin Ahmad al Ghazali, Chairman of Taameer Investment SAOC.


Commenting on this occasion, Mr. Sulaiman Al-Harthy, CEO of Taameer Investment, said: “We are very pleased to have signed this partnership, which leads the way to various activities and preparations, including the completion of design work, followed by construction works, as the Shaza Muscat Hotel is scheduled to open in the third quarter of 2019.”


Mr. Simon Coombs commented on the partnership saying, “Shaza Hotels and Taameer Investment SAOC have shared a solid relationship that continues to be strengthened with every passing milestone. The upcoming Shaza Muscat will be the third distinctive experience offered by our group in Oman. This is truly a significant moment for Shaza hotels.”


Taameer Investment (SAOC) is one of Oman’s leading investment companies with various investments in the Real Estate (Hospitality, Residential and Mix-Use), Industrial, financial and Service sectors. The company was established in 2006 and since then, has grown progressively thus becoming one of the leading investment companies in Oman effectively contributing towards the national economic growth. Taameer Investment is also well supported by their own “Taameer Facilities & Project Management” to provide top notch services in the Facilities & Project Management sector.

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