tag:blogger.com,1999:blog-6283845125208268798.post1224485886884081209..comments2024-03-27T11:21:40.742+04:00Comments on Muscat Confidential: the inevitable happens: Blue City's highest rated bonds downgraded to JunkUndercover Dragonhttp://www.blogger.com/profile/10577931944980469254noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-6283845125208268798.post-91184019832931634892009-02-06T12:09:00.000+04:002009-02-06T12:09:00.000+04:00Lets add some clarity to the meltdown:Look at the ...Lets add some clarity to the meltdown:<BR/><BR/>Look at the other developers in Oman and Muscat<BR/><BR/>Sama’s Yitit project is for sale<BR/><BR/>Blue City its not the real first concrete pour<BR/><BR/>Alargan the parent company for Alargen-Towell,don’t forget it is a Kuwait based firm, with most projects going into a holding or go slow mode.......just like Sama DubaiAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-77625244835094458402009-02-05T11:54:00.000+04:002009-02-05T11:54:00.000+04:00Why does Ahmed Janari want to assert 70% ownership...Why does Ahmed Janari want to assert 70% ownership of a camel turd? Surely it would make more sense to leave Cyclone in 100% ownership of this steamy excrement!noseyguyhttps://www.blogger.com/profile/10178043968471731534noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-24246132132726385492009-02-05T09:23:00.000+04:002009-02-05T09:23:00.000+04:00A recent pink slip recipient from Dubai real estat...A recent pink slip recipient from Dubai real estate crisis, I am heading back home from Dubai; landed in Bahrain to try my luck and UD is right the inevitable is happening. The legitimate owner albeit 70% of the project, Ahmed Janahi’s interview in leading newspaper here throws a clearer insight into this problem - Micheal Vincent<BR/><BR/>Here is the link, which is self-explanatory!<BR/><BR/>http://www.gulf-daily-news.com/Story.asp?Article=242098&Sn=BUSI&IssueID=31322Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-44150578812949818102009-02-01T21:53:00.000+04:002009-02-01T21:53:00.000+04:0070 - freehold foreign ownership townhouses + villa...70 - freehold foreign ownership townhouses + villas - valued at 50,000,000 OMR- almost all sold-out and being handed-over in 1-4 months..looks, sounds, smells like a project to me!!! <BR/>3-4 you couldn't give me with a free set of steak knives but they still rate a mention. <BR/>Lets just admit I'm right, i can. ;-) FJAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-76789693758096564662009-02-01T20:03:00.000+04:002009-02-01T20:03:00.000+04:002- is not a really a project.3-4 !!!!!!!!!!!!!!!!!...2- is not a really a project.<BR/><BR/>3-4 !!!!!!!!!!!!!!!!!!!!ColOmanhttps://www.blogger.com/profile/10782246242397086830noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-52322488762346944532009-02-01T12:48:00.000+04:002009-02-01T12:48:00.000+04:00@ ColOman - 2 projects going ahead in Muscat Area?...@ ColOman - 2 projects going ahead in Muscat Area??<BR/>1. The Wave<BR/>2. Bar al Jissah Residences at the Shangri-La<BR/>3. Muscat Hills....finally!!<BR/>4. Blue "City"/Town/Village!!or not. <BR/>5. Jebel Sifa....if u believe the hype!<BR/>The rest are on ice...next property/Oil boom maybe...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-11364466650774041892009-02-01T10:08:00.000+04:002009-02-01T10:08:00.000+04:00Do Blue City have any money left? A friend from th...Do Blue City have any money left? A friend from the contractors tell me Blue City are not paying and in stead asked them to pay for the construction works using the dowpayment they receive when they signed the contract!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-22664281125215300032009-02-01T09:28:00.000+04:002009-02-01T09:28:00.000+04:00MuscatiI'm not posting anything about you mentioni...Muscati<BR/>I'm not posting anything about you mentioning Blue City..it's not me and I'm not here so don't say that I mentioned Blue City in my comment about you mentioning Blue City because you commented that you didn't comment in your comment about Blue City...so there!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-46947449410811714102009-02-01T06:28:00.000+04:002009-02-01T06:28:00.000+04:00noseguy - I haven't. This isn't my blog, and I hav...noseguy - I haven't. This isn't my blog, and I haven't actually posted anything on the topic here either.muscatihttps://www.blogger.com/profile/15955758251080080159noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-74419524716430265842009-02-01T01:23:00.000+04:002009-02-01T01:23:00.000+04:00Muscati, why did you break your resolution if this...Muscati, why did you break your resolution if this topic is uninteresting?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-79174760543698695632009-02-01T00:12:00.000+04:002009-02-01T00:12:00.000+04:00Muscati,Not too much, no. It hardly comes up enoug...Muscati,<BR/>Not too much, no. It hardly comes up enough, time or intellectual energy wise, to get boring. <BR/><BR/>But it's symbolic nature of the excesses that the country, the region - and the world - got itself into. Convinced such dreams were a 'good idea', convolved with the greed of the powerful and the connected, in so many respects its a story worth following. <BR/><BR/>You'd be able to maybe make a movie out of it...Undercover Dragonhttps://www.blogger.com/profile/10577931944980469254noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-45718665233106422602009-02-01T00:00:00.000+04:002009-02-01T00:00:00.000+04:00UD - don't you get bored writing about Blue City? ...UD - don't you get bored writing about Blue City? One of my new years' blogging resolutions was to not right anything about that project in 2009.muscatihttps://www.blogger.com/profile/15955758251080080159noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-13602617429484565122009-01-31T20:28:00.000+04:002009-01-31T20:28:00.000+04:00Lurker is right: first concrete has been poured at...Lurker is right: first concrete has been poured at Blue City. But is this the real thing or just 'cosmetical'? And has anyone checked the levels? Anyway, time will tell. But city or town...no way. Blue Hotel or Blue Resort maybe. Just maybe. But to say '...Blue City is going on...' is obvioulsy not correct.<BR/>The three hotels at The Wave have not started yet. Yiti is completely on hold at this moment, but indeed, somebody will have to do something someday to make sure the damage already done to the area will at least provide something in return for Oman. Banyan Tree in Siffa is not moving yet. Ras Al Hadd might happen, but nothing has been confirmed by the developer so far.<BR/>So while Blue City is without doubt the biggest failure/scam of all, most developments in Oman are still big question marks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-79725907089236036982009-01-31T16:51:00.000+04:002009-01-31T16:51:00.000+04:00I'm sorry Ibrahim but you're little bird is catego...I'm sorry Ibrahim but you're little bird is categorically wrong. Concrete was definitely poured for the amphitheater hotel last week. The first pour for the amphitheater apartments is expected in early February. Dont believe me? Time will prove me right.<BR/><BR/>As for Blue City... well perhaps the term Blue Resort might work a little better ;) Or something not quite as large as a city, like a town!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-17506601343163258462009-01-31T15:23:00.000+04:002009-01-31T15:23:00.000+04:00A fake base? This is very much par for the course....A fake base? This is very much par for the course. Misleading anyone? The Blue City management 'team'. Nah, surely not. Shame on you. How dare you. <BR/><BR/>A fake base? More like a fake bloody City to me.<BR/><BR/>BobinbdubaiAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-80539258256004052882009-01-31T08:27:00.000+04:002009-01-31T08:27:00.000+04:00I little bird told me the start of the constructio...I little bird told me the start of the construction of the hotel at Blue City is 'fake'. It seems BCC1's intention is to mislead the guys from the bank on their upcomng visit to the project...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-31319273412654950442009-01-31T08:14:00.000+04:002009-01-31T08:14:00.000+04:00Only Muriya and The Wave are around.......... you ...Only Muriya and The Wave are around.......... you must be a gambler who likes really high risk if you put your money on the others.................. even mighty Yiti is closing shop in a month or two max..............<BR/><BR/>The staff have been let go and show room is for sale...........ColOmanhttps://www.blogger.com/profile/10782246242397086830noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-34124546793699586052009-01-31T08:12:00.000+04:002009-01-31T08:12:00.000+04:00This comment has been removed by the author.ColOmanhttps://www.blogger.com/profile/10782246242397086830noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-35976430475345361612009-01-30T22:11:00.000+04:002009-01-30T22:11:00.000+04:00I wouldn't plan on putting down roots at Blue City...I wouldn't plan on putting down roots at Blue City any time in the next decade; The Wave is visually a disaster and soon to disappoint those few owners who will be moving in; Salaam Yiti may be going on, but don't tell the lone guard outside its abandoned sales center; and the last I was in Seifa it looked like the last few workers were there just to turn out the lights...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-60160806058668317162009-01-30T20:08:00.000+04:002009-01-30T20:08:00.000+04:00Well, Blue City is going on, Wave is going on (3 n...Well, Blue City is going on, Wave is going on (3 new hotels are going up there), Salaam Yiti is going on in a much reduced scope, Banyan Tree in Seifa seems to be going on. Thats more than 2.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-42905820012247733682009-01-30T20:01:00.000+04:002009-01-30T20:01:00.000+04:002 developments left; give us a clue? Pleeeeease? I...2 developments left; give us a clue? Pleeeeease? Is one in Ras al Hadd which they are building the International Airport for? <BR/>Virtually YoursAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-63954459608748709602009-01-30T16:43:00.000+04:002009-01-30T16:43:00.000+04:002 Developments are left only..................out ...2 Developments are left only..................out of 18ColOmanhttps://www.blogger.com/profile/10782246242397086830noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-2601664673829729072009-01-30T09:12:00.000+04:002009-01-30T09:12:00.000+04:00As a sign of my faith in the Blue City project I a...As a sign of my faith in the Blue City project I am willing to accept a property in the project free of charge should BCC1 choose to offer one to me.<BR/><BR/>My offer is also valid for Qariyat Qurum, Muscat Hills, and Salaam Yiti.muscatihttps://www.blogger.com/profile/15955758251080080159noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-37772060755032438282009-01-29T21:38:00.000+04:002009-01-29T21:38:00.000+04:00I'm travelling at the 'mo, so thanks for the updat...I'm travelling at the 'mo, so thanks for the update. No surprise really eh? Wherefore 'Stakeholder' now? What a sad and sorry farce its been. My guess is Al Zadjali and his fawning and yapping poodle Miri have lined their pockets nicely.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-35681947061432993762009-01-29T20:16:00.000+04:002009-01-29T20:16:00.000+04:00I wonder what - Esam Yousef. Janahi CEO of Gulf Fi...I wonder what - Esam Yousef. Janahi CEO of Gulf Finance House , Rashad Yousef. Janahi MD of Abu Dhabi Investment House, Abdul-Latif Abdul-Rahim Janahi Managing Director of Bahrain Islamic Bank and Ahmed Abubaker Janahi the former partner in Blue City - must be thinking about this situation<BR/><BR/>Virtually YoursAnonymousnoreply@blogger.com