Muscat – Al Mouj Muscat announced the end of the tenure of its CEO, Nasser bin Masoud Al Sheibani, after a career full of achievements spanning nearly two decades, during which he made exceptional contributions to shaping the features of the finest integrated residential and tourist destination in the Sultanate of Oman .

Al Shaibani’s journey with Al Mouj Muscat began in 2007, where he witnessed the project from its initial construction phases and its transformation into a prestigious, award-winning, integrated global destination. After assuming the role of CEO in 2015 , Al Shaibani led the project through a phase of sustainable growth and strategic transformation, overseeing the delivery of more than 3,300 diverse residential units, including apartments, villas, and townhouses, in addition to the operation of four international hotels, 96 retail outlets, and 61 community facilities.

During his tenure, Al Mouj Muscat witnessed a significant expansion of its master plan through the development of high-quality projects, including Golf Beach Residences, Meadows Lanes, Azura Beach Residences, and the Business Park, while maintaining a firm commitment to quality of life, with green spaces now comprising 37% of the total project area. The destination has also successfully attracted buyers from over 90 countries, and Al Mouj Muscat is now home to more than 8,000 residents from 90 different nationalities .

During his tenure, Al Mouj Muscat achieved remarkable commercial and operational growth, including a revenue increase of over 150%, customer satisfaction levels of 92%, and a customer experience index score of 940 out of 1,000. Under his leadership, Al Mouj Muscat also contributed over OMR 3.7 million to community initiatives spanning education, sports, the environment, and social development, in addition to supporting the creation of over 2,200 jobs, with a 67% Omanization rate and 40% female representation in senior leadership positions .

On this occasion, Saif Al Yaarubi, Chairman of the Board of Directors of Al Mouj Muscat, stated: “On behalf of the Board of Directors, I would like to express our deep appreciation to Nasser Al Sheibani for his exceptional leadership and remarkable contributions to Al Mouj Muscat’s journey. Nasser has been at the heart of this institution since its early days, and a key pillar in its development and success. His vision, dedication, and leadership have helped to establish Al Mouj Muscat as one of the most prestigious destinations in the region, and we are particularly grateful for the legacy he leaves behind and the solid foundations he has laid for the future . ”

For his part, Nasser Al Shaibani commented on his career, saying: “I am proud and honored to have led Al Mouj Muscat during an important phase of my career. However, I believe the deeper value of this experience lay in the people who shared this journey with me. Together, we worked to build more than just a real estate project; we established an integrated and interconnected community . As a team, we achieved many accomplishments, overcoming challenges, and together we contributed to establishing this destination that we are all proud of. None of this would have been possible without the dedication and team spirit of the employees, partners, and stakeholders . Today, I leave my position with great confidence in the future. This organization draws its strength from its people, and I am certain that it will continue its journey towards further progress and success .”

Looking ahead, the Board of Directors has appointed Ahmed Al Masan as Acting Chief Executive Officer . Al Masan joined Al Mouj Muscat in 2008 and has served as Deputy Chief Financial Officer since 2018, where he has been responsible for key roles in enhancing the organization’s financial performance, governance, and long-term strategic planning .

The senior official has contributed to enhancing the company’s operational flexibility and sustainable growth over the past period, and thanks to his deep knowledge of the organization and his extensive experience with its operations, Ahmed will work to ensure its continuity and stability as Al Mouj Muscat enters a new phase of growth.

Al Mouj Muscat affirms its firm commitment to achieving its long-term vision as an integrated global destination for modern living, and to contributing to the national goals of economic and tourism development in the Sultanate of Oman, building on solid foundations towards the next stage, and continuing the journey of building a vibrant and sustainable society for future generations .

About the waves, Muscat

Inspiring life

Al Mouj Muscat is an unparalleled destination that has redefined the meaning of urban living in the region and given it a sophisticated dimension through a distinctive collection of oceanfront residential properties, hotels that blend luxury with authentic Omani hospitality, as well as elegant business complexes and award-winning, high-design green spaces.

Al Mouj has given Muscat a sense of community and belonging to its more than 9,000 residents from 94 nationalities, forming a vibrant and diverse community in the heart of Oman's capital. The bustling restaurant and retail district offers residents and visitors alike the opportunity to experience a wide variety of cuisines in a lively atmosphere with stunning views of the marina.

Al Mouj Muscat has a special exclusive character that encourages its residents, families and individuals, to live life to the fullest, work better and enjoy an atmosphere full of adventure and excitement, where residents and visitors can stay and relax in seven luxury hotels, including the Kempinski and St. Regis hotels, experience sailing in the largest marina in Oman, or unleash the spirit of fun when visiting the 18-hole golf course, which occupies a prestigious position as one of the top 100 golf courses in the world.

At Al Mouj Muscat, every moment you live and every opportunity you discover will give you an inspiring life.

-I finish-

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