Ali Hamad Lakhraim Alzaabi, president and CEO, Millennium & Copthorne Middle East and Africa at the signing ceremony with the Shaza Muscat Company.
The Times said an estimated $72.72m (OMR28m) would be spent building the five-star offering, which will be about 16 km from both the Muscat International Airport and the Central Business District.
“We have two Sharia-compliant properties in Dubai, which are extremely successful. This is our third such hotel in the GCC region,” said Ramsay Rankoussi, Manager Development and Planning and Asset Management Middle East and Africa.
Rankoussi said Sharia-compliant properties had a specific market, mainly in the GCC region.
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Hotels in Saudi Arabia and Kuwait are Sharia-compliant by law.
“We are trying to develop a lasting relationship with companies that own properties. We want to respect the culture and Islamic heritage,” he said.
The hotel will be located next to the Muscat Grand Mall, which will be connected to the hotel through a sky bridge.
“Muscat continues to grow as an attractive tourist destination in the region, and the way forward is to cater to this burgeoning market by offering a full lifestyle and retail experience that meets not only regional, but also global expectations,” said Khamis Mubarak Al Kiyumi, chairman of SMC.
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