Panel V Investment Opportunities in Real Estate and

Panel V: Investment Opportunities in Real Estate and Tourism 14 April 2008

Drivers for Real Estate Market in Oman Residential ► ► Commercial Demographic demand drivers Shortage of quality properties Increasing levels of income Increasing rentals ► ► Retail Tourism ► ► ► Page 2 Increasing Private Investment and Foreign Direct Investment Increasing number of registered enterprises Increasing returns on commercial property Shortage of quality properties Increasing role of tourism in the economy Successful launch of ITC projects (4 launched and many more expected) Significant demand for hotel rooms (highest growth in Rev. Par for past 2 years) Presentation title ► ► ► Shortage of quality properties Estimated supply of additional 200, 000 square meters till 2010 High per capita annual spending of local population increasing focus on development of retail space

Tourism Attraction Tourism Action Plan Vision Action Plan Six Priority Development Region æIntegrated Marketing Culture & Tradition æDevelopment Initiatives æ Infrastructure Development æ Investment Attraction æ Private Sector Role and Participation æ Human Resource Development Page 3 Presentation title æ Muscat æ Al-Batina æ Dhofar æ Al-Sharqia æ Musandam æ Al-Wusta

Announced Projects Developers Location Al Aqeer Resort Shinas, Batinah The Wave Abdul Nasser Al Qayat Majid Al Futtaim Inv, Gov Of Oman Journey Of Light Alfa International Holdings 10 Km North Of Muscat Al Alargan Resort Al Argan International Seeb , Muscat Al Inshirah Tourism Centre Al Qurum Tourism And Commercial Centre Omran Muttrah , Muscat Orascom And Omran Qurum, Muscat Al Sauda Boutique Hotel Orascom And Omran Dhofar Bandar Al-khairan Blue City Ziggi Bay Al- Khairan Company Al Sawadi Inv And Tourism Al Marsa Company Bandar Khairan, Muscat Al Sawadi Dibba, Musandam Page 4 Presentation title West of Muscat

Announced Projects Developers Location Convention centre Green Acres Jebel Sifah Mibrat Tourism Village Omran Radiance , Transmit Nanyang Orascom & Omran Dhofar Tourism Company H H Sayyid Talal bin Tarik Al Said H H Sayyid kais bin Tarik Al Said Qatari Diar Real estate Inv Group Muriya Tourism Development Sama Dubai & Omran Seeb Muscat Sifah , Muscat Mibrat , Salalah Sama Dubai & Omran Majid al futtaim Inv, Yenkit Tourism Development LLC Yitti , Muscat Hills Ras al Hadd Resort Salalah Resort Shinas Resort Salam Resort and Spa-Yitti Yenkit Page 5 Presentation title Seeb, Muscat Ras Al Hadd, Sur Salalah Shinas, Batinah Yenkit, Muscat