With the emergence of positive signs for the recovery of the global economy from the recession period and an optimistic reflection of this global recovery on the economic movement in the Sultanate along with the continued revival of oil prices, the government has increased the implementation of infrastructure projects throughout the Sultanate. In addition, prices of land and construction materials becoming competitive will support this real estate development movement.

Existence of all these positive factors along with the availability of new investment opportunities in certain segments of the real estate sector have brought the founders together in establishing Al Muttawar Omani Company SAOC  as a closed joint stock company. The idea of establishing this company came in the context with achieving the strategic vision of GLOREI in the real estate development and investment in the Sultanate of Oman. This will help to take advantage of investment opportunities available in the market through the development and implementation of residential, commercial and tourism projects.

The first project of this company is to develop and own an integrated mix-use real estate project to include residential , commercial and hotel units in Wilayat Baushar which will provide the residents with services and facilities that fit with the requirements of modern life style and commensurate with the targeted segments in the community. The development, with a total build up area around 70,000 square meters will cost approximately RO. 35 Million and is expected to be completed within 36 months.