Bank Nizwa has signed a RO250 million ($650 million) agreement with Palm Beach for Al Nakheel Project, an integrated tourism complex (ITC), that will be developed by Alargan Towell Investment Company in Oman.
Oman-based Alargan Towell Investment Company is set to start work on Phase One of its integrated tourism complex, Al Nakheel, featuring 4-star hotels, residential villas and townhouses in addition to a lagoon promenade, souq and aqua park, said a report.
BUSINESS REPORTERMUSCAT, MAY 15Al Nakheel – a new Integrated Tourism Complex (ITC) – was unveiled on Sunday, May 15, 2022, at an event held the auspices of Salim bin Mohammed.