Egypt's Orascom Development opens its first hotel in Oman

Ahram Online, Monday 19 Sep 2011

Four-star Sifawy Boutique Hotel lies 45km from the capital and is one of three destinations the Swiss-listed firm is developing with local partners

Real estate and hotels firm Orascom Development opened its first hotel in Oman last weekend, the Swiss-listed company announced on Monday.

Based in Egypt, Orascom has projects in the Middle East and Europe and has been expanding its hotel portfolio in the region.
 
The four-star Sifawy Boutique Hotel in Jebel Sifah has 55 rooms and suites, and is located 45 kilometres outside Oman's capital Muscat.
 
The development will eventually cover an area of more than 6.2 million square metres and will include four-star and five-star hotels, shopping centres, restaurants, a marina and a golf course.
 
Jebel Sifah is one of three destinations the firm is developing with local partners.
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