:: OER - May - 2007 ::

The Wave, Muscat
An Idyllic Island Lifestyle

Muscat, a charming cosmopolitan city founded nearly 900 years ago, is a perfect blend of the past and the present, as it offers every modern amenity while still preserving a more traditional Arabian spirit. To live up to the city’s international brand image, The Wave – a premium residential community that seeks to define coastal resort style living, combining Omani architectural heritage and contemporary design – is planning the first major integrated resort and residential development. To be located on the beachfront in the greater Muscat region, it is a fully master planned community that will occupy a total area of 2,500,000 sq.mt. along 6 km of natural beach. The development will soon be launching properties on Sinesla Island, the first of three islands on the project. In fact, it is the first residential island to be launched in the country.

Life at Sinesla Island, as the company puts it, promises not only tranquillity and freedom, but also exclusivity as the waterfront and garden villas on the island will form part of a private gated community. All the 49 waterfront villas on the island come with their private beaches, offering the ultimate luxury. The 30 garden villas will offer a different but equally stirring experience with their delicate landscaping, spacious courtyards and contemporary architecture with a distinct Middle Eastern flavour. Designed to reflect the aspiration and purpose of the developers, the homes will ensure stylish and practical living.

The Wave’s best spots to shop, eat, or golf are just a few minutes from the villas’ doorstep. Residents will be in close proximity to the Marina Village, where they can stroll down to the restaurants, shops, cafés, to socialise and relax, or walk over to the beach or the golf course. It is an idyllic proposition, playing a hole with the ocean in the background, waves breaking on the shore and the sun setting in the distance. Besides, a clubhouse is being built right on the waters’ edge.

The $1-billion multipurpose project will have a championship 18-hole green links golf course as well as a harbour front village facing a 300-berth marina. World-renowned golfing maestro Greg Norman has been selected as architect for The Wave, Muscat’s world-class links golf course. The signature golf course, the first sea-facing course in the Sultanate of Oman, will be spread over 800,000 sq m and will be one of the best equipped facilities in the entire region, a visual and environmental masterpiece. The Wave, Muscat is being developed through a strategic partnership between the Omani government and UAE-based Majid Al Futtaim.

The Wave believes its success will be, and has always been, focussed on good planning, strong organisation and the ability to visualise perfection. With all the key components already in place, The Wave, Muscat is all geared up to deliver something special.

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May - 2007

Cover Story

Oman’s Leading Listed Companies in 2006
Mukhtar Hasan analyses Oman’s largest listed companies in 2006, based on revenues and other financial parameters.

Other Headlines

Bank Sohar: Surfing on SMEs
A sixth bank has appeared on Oman’s financial horizon after 12 years. Abhijit Sinha checks out CEO Nani B. Javeri’s start-up USP of ‘not just selling a product but also a solution with that product’

Enter the chill-out zone
The AC and refrigerating unit market is soaring regionally as well as globally, with changing customers’ profile and cutting-edge technologies adding value to the products

‘Amouage is a roving ambassador for Oman’
One of the most successful Omani brands, Amouage is on the threshold of a major makeover exercise. David Crickmore, CEO, Amouage talks about the new marketing strategy and growth plans in an interview with Akshay Bhatnagar…

An Issue Ignored Is A Crisis Invited
In the quest to achieve its strategic objectives, an entity has to ensure that it has sound issue management practices in place to meet the expectations of its stakeholders, externally and internally. OER looks at what issue management is all about and its growing importance in today’s increasingly complex corporate world

X Means Exhilaration
The new BMW X5 smoothly combines dynamic driving capabilities, luxury and impeccable technology. A test drive report by Anne Kurian

Case for enhancing inter-Arab trade
The 22 Arab nations should look at realising trade opportunities among themselves, writes Dr Jasim Husain Ali

When Dividend stocks in an uncertain market
The coming days may not be smooth sailing for equity investors, writes Matein Khalid

Oman is a hidden treasure
Realising the growing stature of Oman’s oil and gas industry, Atlas Copco, the world’s only manufacturer of ISO certified oil-free air compressors, opted for Oman as the venue of its first Oil and Gas MaXimiZe course. Sunil Kumar Singh caught up with the organisers

China’s Middle East Policy
The likely result of the intense competition in Central Asia could mean that the Chinese majors may be looking to place their investments in fields closer to home, away from the Gulf

What to do next?
Managers devote time to strategy-making because they want some degree of certainty that they can direct their firm towards success

A novel to Communicate!
Oman Mobile recently launched Corporate Private Network for its NAMA post-paid connection with loads of benefits for customers at down-to-earth prices

Opening the doors
Smart Manufacturing conference was an exceptional networking and knowledge transfer event granting manufacturers a chance to enhance their bottom line. An OER report on the recent two-day event

The Wave, Muscat
An Idyllic Island Lifestyle

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