The company's objectives in recruiting shareholders for Omagine LLC was to attract shareholders with:
- a high degree of professionalism, stature and financial strength,
- a high level of local knowledge about the Oman market, and
- the ability to mitigate the operating and execution risk of the Omagine Project.
With the addition of Royal Court Affairs and Consolidated Contractors as shareholders, the company is fortunate to have such high quality fellow shareholders in Omagine LLC.
Omagine, Inc. is a publicly traded holding company which conducts all its tourism, entertainment and real-estate development business activities through its 60% owned subsidiary Omagine LLC or its 100% owned subsidiary Journey of Light, Inc. The Company is focused on entertainment, hospitality and real estate development opportunities in the Middle East and North Africa region. For more information on the company see this website or the company's publicly available reports filed with the U.S. Securities & Exchange Commission. The company presently owns 60% of Omagine LLC.
Consolidated Contractors Company
Consolidated Contractors Group S.A.L. (CCC) is a Lebanese multi-national company headquartered in Athens, Greece. In 2014 CCC had five and one-half (5.5) billion dollars in annual revenue, one hundred thirty thousand (130,000) employees worldwide, and operating subsidiaries in, among other places, every country in the Middle East and North Africa. Consolidated Contracting Company S.A. (CCC-Panama) is a wholly owned subsidiary of CCC and is its investment arm. Consolidated Contractors Co. Oman LLC (CCC-Oman) is an Omani limited liability construction company with thirteen thousand (13,000) employees in Oman and is CCC's operating subsidiary in Oman. For more information on Consolidated Contractors see www.ccc.gr.
Royal Court Affairs
The office of Royal Court Affairs (RCA) is an Omani organization that presently owns 25% of Omagine LLC. For more information on the office of Royal Court Affairs see www.rca.gov.om.