Hotel Set to Open Doors in 2017

Development to Mark Phase 1 of Sundus Airport Heights Project

Muscat-Oman: 23rd April, 2015 - Sundus Investments Projects LLC, specialists in mixed-use developments in the Middle East, has signed an agreement with Shaksy Engineering Services (SES) to begin work on the first phase of the Sundus Airport Heights development in Muscat, which will be operated by Rotana Hotels when complete.

The agreement was signed by Mohammed Mahfoodh Al Ardhi, Chairman of Sundus Investments Projects LLC, and Said Al Shaksy, CEO of Shaksy Engineering Services (SES).

Phase one of the landmark project will include the construction of Sundus Rotana, a four-star business hotel that is set to open doors to the public in February 2017. The hotel will feature 215 guest rooms including suites, a ballroom, six meeting rooms, an executive lounge, a boardroom and a fully equipped business center. Guests at Sundus Rotana will also have access to a state-of-the-art fitness center and swimming pool, an all-day dining café, and 'Teatro' - Rotana's signature fine dining concept.

Mohammed Mahfoodh Al Ardhi, Chairman of Sundus Investments Projects LLC, said: "Oman is currently witnessing a surge in tourism and increased demand for hospitality offerings buoyed by the diversification of the national economy in line with Oman's Vision 2020. According to the World Travel & Tourism Council's (WTTC) 2015 Travel & Tourism Economic Development Report, Oman is poised to register the highest growth in the tourism sector across the Middle East region notching up an 11% increase in the number of jobs in the country."

He added: "Sundus Investments Projects is committed to leveraging this potential through developing high quality properties that add significant value to Muscat's tourism sector. We are confident that our synergistic partnership with Shaksy Engineering Services will help us achieve the successful launch of the hotel in 2017."

Sundus Airport Heights has been designed to cater to business travellers and conference visitors. Located centrally on Al Maaridh Street in the Al-Seeb district, the site offers stunning panoramic views of Oman's seas and the magnificent Hajjar Mountains - two of Oman's abundant natural treasures.

The second phase of the project will include the development of Sundus Arjan featuring 85 luxury hotel apartments, including studio, one-bedroom and two-bedroom units. The property will also host all-day dining and fine dining restaurants.

Sundus Rotana and Sundus Arjan will collectively span an area of approximately 40,000 square meters and contribute to driving Oman's ambitious mandate for the tourism sector as outlined in Oman's Vision 2020.

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About Sundus Investments Projects LLC:
Sundus Investments Projects LLC, a newly established investment organization pioneering in mixed-use development projects in the Middle East, chaired by His Excellency Mohammed Mahfoodh Al Ardhi. Its stated goal is to significantly contribute towards driving the GCC to become a global tourism hub.

For information about this press announcement or any of Sundus Investments' projects, please contact:
Maria Khalid
APCO Worldwide
00971 56 114 2951
mkhalid@apcoworldwide.com

© Press Release 2015