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CCC-Oman

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Omagine are exploring a proposal involving Chinese investment in Omagine LLC and the Chinese contractor arranging finance for the Omagine Project. (Shutterstock)
May 23rd, 2016 - 08:00 GMT

Omagine courts Chinese contractors for Oman's $2.5B waterfront development

Pressure on local finance options have forced Omagine LLC to look to China for help in developing the beach complex, with talks reaching an advanced stage.
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