By A Staff Reporter — MUSCAT — Marking a milestone achievement in the retail and hospitality sector in Oman, Muscat Grand Mall announces plans for expansion of Muscat’s popular retail destination, in a year from its inception. This expansion will be financed completely through an investment of over RO 50 million. The new development will see 100 new retail outlets being added to the mall, bringing new global brands to Oman for the first time, taking the total number of stores to 250. In addition, the growth plans include increasing the parking facilities by twofold, expanding and enriching the cinema experience and developing a compelling new retail and lifestyle destination in the Sultanate.
A press conference was conducted to announce the expansion at Muscat Grand Mall and was presided by Abdul Rahman Barham, Board Member of Tilal Development Company, Harith al Brashdi, Chief Operating Officer, Al Madina Real Estate Company and Hassan Jaboub — General Manager of Muscat Grand Mall. Commenting on this groundbreaking expansion plan, Abdul Rahman Barham said, “It gives us great pride to announce that the second phase of Muscat Grand Mall which will give customers in Oman the opportunity to experience a retail destination of international standards. Using an investment of RO 50 million, major investments will be made towards raising the profile of the mall as well as developing a world class shopping and entertainment destination for the people of Oman.”
He also added, “As a part of the Tilal Complex, the Muscat Grand Mall — the first phase of the project has been successfully completed with over 90 per cent of the retail and residential spaces already sold out. In addition, the expansion will offer increased employment opportunities for Omanis and will also be a mechanism through which we can support small and medium enterprises. At present, the retails outlets boast 25 per cent occupancy from SMEs and it is our endeavour to take this initiative further. We recognise that such developments also support the city’s growth outlook of further reinforces its core economic sectors, including retail, tourism and hospitality.”
The Tilal Complex is the first of its kind mixed-use development. Muscat Grand Mall already boasts over 120 retail outlets already open, a flourishing commercial office space over 30,000 sq metres where the Nawras headquarters has a prime position, in addition to residential complex featuring 250 superior freehold apartments, complete with all modern amenities and hotel accommodations with four star facilities and a rooftop garden. With the new international airport terminal construction in progress, a larger inflow of tourists is expected into the Sultanate. As projects such as the five-star hotel ‘Shaza Hotel Muscat’ and the residential complex that is now under way, it is almost certain that the Tilal Complex will become a hub of activity.
Home to an array of international brands which have secured their first presence in Oman, the largest food court, a three screen cinema and more than 125 stores currently, it is no surprise that Muscat Grand Mall has become the lifestyle centre for residents in the Sultanate.