Al Osool International to be the Proud Sponsor of the Arab Housing Day

Al Osool International to be the Proud Sponsor of the Arab Housing Day

Al Osool International Real Estate Development Company was one of the proud sponsors of the Arab Housing Day. Organized by the Ministry of Housing, Arab Housing Day was held on Wednesday, October 9, 2019.

Real Estate and Development Awards 2019This event was under the slogan “Social Responsibility of the Private Sector in Supporting Affordable Housing” under the patronage of His Excellency Sheikh Saif bin Mohammed Al Shabibi, Minister of Housing. The celebrations were carried out with the theme: ‘the social responsibility of the private sector in support of affordable housing’. The Ministry of Housing honored institutions and companies that have contributed to supporting the construction of social housing, and real estate developers and other supporting entities for social housing programs.

The event was loaded with presentations on the efforts of the Directorate General Of Real Estate Development at the Ministry of Housing. Arab Housing Day, featured the industry’s most prominent leaders, executives, and pioneers including the president of the International Federation of Arab Real Estate Agents, the world president of the International Real Estate Federation and a number of prominent figures in the world of Omani real estate.

The real estate sector in Oman is heavily supported by local and foreign investors, said the prominent business person Mr. Hassan bin Mohammed bin Juma Al Lawati. Ministry of Housing and the Group of Companies has actively participated in this event, to deliver the message that the real estate sector is more supportive of decent life than profit. The celebration of this day highlighted the Sultanate’s efforts in the sector. It also paved the way to review what the Ministry has achieved and the extent of private sector contribution in social responsibility.

“All citizens, both male and female, have the right to a residential plot, but the pace of plot distribution has exceeded that of the provision of services and thus it was necessary to introduce new alternatives to provide housing for the rest of society segments,” says Director General of the Directorate of Real Estate Development at the Ministry of Housing, Eng. Siham bint Ahmed Al Harthy.

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