Dubai, UAE: Oman headquartered Bank Muscat has successfully concluded the sale of Mövenpick, Jumeirah Beach Residences Dubai ... The successful sale of Movenpick JBR reaffirms Dubai’s standing as a ...

Here’s what’s making headlines this week. Oman headquartered Bank Muscat has successfully concluded the sale of Mövenpick, Jumeirah Beach Residences Dubai. Bank Muscat was managing the investment ...

Dubai: The Movenpick Jumeirah Beach Residence hotel in Dubai now has a new buyer. Oman’s Bank Muscat, which was managing the asset, sold the property to the A. A. Al Moosa Enterprise (Arenco Group).