Oman’s Duqm Development Company, the government-owned real estate developer of Duqm, has appointed Sheikh Ibrahim Sultan Saif Alhosni as the company’s new Chief Executive Officer.
Ahmed Suleiman Saleh Al Maimani, Chairman Duqm Development Company, said, “It is our goal that talented and dynamic Omanis nationals like Sheikh Ibrahim Sultan Saif Alhosni take front role and lead major organisations. Sheikh Ibrahim is a USA graduate with a Bachelor Degree in Accounting and brings to DDC more than 16 years of diversified experience. He has been associated with DDC since its inception as the Deputy CEO, and the board is confident that he will accomplish the vision of the company.”
Prior to joining Duqm Development Company, Sheikh Ibrahim held various roles with Arthur Anderson, Ernst and Young, the Ministry of Finance and Omran. at the Ministry of Finance he looked after local and international organizations and represented the ministry on the boards and committees of renowned organizations such as PDO, SGRF, Oman Air, and Oman Dry Dock, and committees relating to big projects such as the Wave, Sohar Port, and Salalah Port. At Omran, Sheikh Ibrahim was in charge of all the investments in joint venture companies.
Duqm Development Company’s shareholders are Omran and ODC. Presently, DDC is developing Duqm Frontier Town in Duqm which is planned to be constructed in phases. Construction of Phase I was completed in May 2013 and it is fully leased out. Phase II is in the planning stage.