One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Re: financing

Dec 02, 2015 05:46PM
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Dec 04, 2015 05:31AM

mdb
Dec 04, 2015 06:13AM

yes.. low oil prices add some stress to the MENA region. the spending choices are harder. but tourism is one of the replacement strategies for unfettered oil income, as Oman continually reports. $50M is less than 1% of CCC annnual inome and they expect 2015 margins to improve. My guess is that CCC and Oman really want this project and it will go forward.


Dec 04, 2015 10:40AM
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