Muscat Hills International Developments (MHID), one of Oman’s leading real estate development and management companies, today announced that Sharakah, a SME-focused consultancy and investment service, has signed a long-term lease at the Business Tower at The Boulevard by Muscat Hills.

With its current head office in Al-Khuwair, Sharakah is slated to occupy one of the floors of the Business Tower when it moves in towards the end of 2020. Sharakah’s move showcases the steady influx of companies seeking office space within the Boulevard by Muscat Hills area.

“The Business  Tower is one of the most advanced, high tech and sustainable office buildings in the country, said Ilyas Malik, Deputy CEO of MHID & Chairman of Malik Developments. “And it just happens to be located in the heart of the hottest neighborhood in the city. I’m delighted to welcome Sharakah to our new building, and look forward to the firm’s growth and prosperity here.”

Sharakah is a Closed Joint Stock Company incorporated by a Royal Decree No. (76/98) in 1998 to show the on-going commitment and support of the Sultanate of Oman towards entrepreneurship development. Sharakah’s establishment reflects the Oman’s encouragement and commitment towards Omani entrepreneurs. It provides customized financial solutions and it has three different schemes namely: Loans, Equity Finance and Bill Discounting. The firm assists and guides entrepreneurs to enter the business world confidently by investing in innovation for the development of the country.

“As our firm looks to the future, we wanted office space that mirrors our commitment to innovation and growth,” said Hani Al Zubair, Chairman of Sharakah. “The Business Tower is a state-of-the-art building that will allow us to serve our clients in a transformational new space and provide a quality work environment for our employees. As Sharakah moves into its next chapter, we look forward to joining many of our clients and other companies in this historic and dynamic neighborhood.”

The Business Tower introduces premium corporate space available for purchase to all nationalities. Located at The Boulevard by Muscat Hills, the office building offers a strikingly modern design consisting of 13 offices over 6 floors. The offices are of different sizes and are fitted in the most modern fashion with raised floors concealing all cables and ducts, suspended ceilings and ACs. Additionally, automatic blinds are fitted in all full glass windows to provide just the right amount of natural light for an optimal working environment. In the basement, there are three floors of underground parking. On the ground floor, as per the norms of The Boulevard, there will be a mixture of restaurants and retail shops.

Ownership at the Business Tower is open to Omani citizens, GCC nationals and expatriates of different nationalities. Ownership also entitles residency for non-Omani buyers and their immediate family members. The Business Tower is a development by Oman based Muscat Hills International Development with Malik Developments being an equity, advisory and development partner.