MUSCAT — Oman Arab Bank celebrated the launch of Boulevard Al Samou in collaboration with the Ministry of Housing and Urban Planning and Al Daham Real Estate, and signed the project’s financing agreement in the presence of esteemed ministers, excellencies, and distinguished guests. This development represents far more than an urban project— it is a pioneering model that enhances quality of life and drives sustainable economic and social growth across Oman’s governorates.
This partnership reaffirms Oman Arab Bank’s long-standing commitment to supporting high-impact national initiatives, and its belief that balanced, forward-looking urban development is a vital pillar of Oman Vision 2040. Boulevard Al Samou aims to provide modern and vibrant residential environments, create new opportunities for SMEs, stimulate local economic activity, and support the development of dynamic community-centered spaces. With its distinctive design and integrated vision, Boulevard Al Samou stands as a landmark project that embodies sustainable urban progress—connecting contemporary living with promising investment and economic opportunities. The project opens new doors for cross-sector partnerships, enhances the attractiveness of the governorates for investment, and contributes to a more balanced and integrated urban ecosystem.
Sulaiman Al Harthi, CEO of Oman Arab Bank, expressed his pride in this strategic collaboration, stating: “Boulevard Al Samou reflects our commitment to enabling meaningful development across Oman. Supporting projects that create long-term value, stimulate local economies, and elevate the quality of life is at the core of our mission as a national financial institution. We are proud to contribute to a project that aligns so closely with the aspirations of Oman Vision 2040.”
From the real estate development perspective, Eng. Mundher Al Hamadi, CEO of Al Daham Real Estate, emphasized the project’s transformative potential, noting:
“Boulevard Al Samou is designed to redefine urban living by integrating modern lifestyle needs with sustainable development principles. Our vision is to build a destination that enriches communities, encourages investment, and contributes meaningfully to the country’s urban renaissance. We value the trust and partnership with Oman Arab Bank in making this project a reality.”
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