Omagine,
Inc. (OTCQB: OMAG) Profile, Summary
Omagine
is an entertainment, hospitality and tourism company with significant
residential and commercial real estate development and property
management activities.
The
company is headquartered in New York City and has a subsidiary in
Muscat, Oman. Omagine is focused on MENA Region real-estate
development and hospitality opportunities because the company
believes the enormous financial resources in the MENA region combined
with a recent shift in economic development strategies of regional
Governments present huge opportunities. (See
how OMAG could benefit from it,
click
here)
The
Vision
The
company has signed a $2.5 billion development agreement with the
Government of Oman, developing a mixed-use Tourism/Residential and
Commercial/Retail project known as - The Omagine Project. The 245
acre prime beachfront property is located just 6 miles from Muscat
International Airport. The beautiful Pearl shaped buildings will
overlook the serene Gulf of Oman, surrounded by a vibrant art and
culture scene, poised to inspire the world.
The
Omagine Project is designed as an exquisite, modern architectural
marvel built with environmentally friendly materials in a family
friendly living/working space. It blends local values and customs for
today's global citizens where residents and visitors live, work and
play in complete harmony with nature.
The
existing majestic Sultan Qaboos Street, home to Muscat's many
landmarks, provides easy access to The Omagine Project, where art and
culture thrive, residents and visitors experience Arabian
hospitality, dine in fine restaurants and shop at exclusive showrooms
of global brands. (See
project overview, click here)
The
Future
Most
Americans are familiar with The Palm Islands of Dubai. The Palm
started with a vision and a simple rendering, despite huge
challenges, the vision came true. Dubai became one of the world’s
top tourist destinations and one of most expensive real estate
markets in the world.
THE
PALM
THE
PALM
The
Omagine Project – and
its Pearls – has
the potential to become the next major tourism destination and one
of the most highly desired real estate markets.
Muscat could become
the next hot destination for the tourists around the world.
The
Omagine Project –
The Pearls
The
Omagine Project –
The Pearls
Timing
and Location is Everything!
The
timing couldn't be better for Chinese investors. The Stock Market in
China down sharply and the Chinese economy slowing down considerably.
Chinese investors looking for an alternative, discovered Dubai.
Investors from China are flocking to Dubai. Huge demand from
investors is driving up real estate prices in Dubai and the cost of
living and doing business in Dubai has increased dramatically.
We
believe, The
Omagine Project (Muscat) offers
the next great opportunity for investors and Global corporations
doing business in the Middle East. Muscat's low cost of living and
cheaper office space offers a better ROI.
The
Pearls (Muscat) expected
to meet or exceed the lifestyle choice and luxury for less. It’s a
great opportunity for Global corporations to establish their MENA
headquarters in Muscat. Also, a unique opportunity for accredited
investors seeking to diversify their portfolios.
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