Orascom Development names new CEO for Oman destinations

Orascom Development Holding announces yesterday the appointment of Wael al Lawati (pictured) as the new Chief Executive Officer of Muriya Tourism Development, including the award-winning destinations, Jebel Sifah and Hawana Salalah.

In support of Orascom Development’s ambition to be a pre-eminent, multi-national developer, Al Lawati will be responsible for setting the business agenda for the Group’s Oman destinations, including leading the overall strategy in alignment with Orascom Development’s strategy, facilitating delivery against the annual business plans and instilling best practices throughout these destinations.

He will be an integral member of Orascom Development’s Executive Committee, reporting directly to the Group CEO, Omar el Hamamsy.

Omar el Hamamsy, Group CEO of Orascom Development, said, “I am pleased to welcome Wael al Lawati as our new CEO of Muriya and leading our destinations in Oman. I am confident that Wael will bring a unique perspective and strong track of delivering results to our team. His passion for the industry and ability to lead a team will open a new chapter of growth for our Oman destinations, Jebel Sifah and Hawana Salalah.”

Al Lawati brings a wealth of experience and proven track record of delivering results in tourism, real estate, and other sectors. As a seasoned Omani National, he has held several other leadership positions including CEO of Oman Tourism Development Company and founder of The Wave Muscat.

More recently, he served as Chief Operating Officer for a real estate advisory and spearheaded international growth at DAMAC Properties.