Dubai Investments PJSC, a multi-asset investment group based in the UAE, continues to solidify its position in the Middle East's construction sector through its subsidiary, Emirates Building Systems (EBS). EBS has recently been awarded a significant contract to deliver the structural steel package for the Sayyid Tarik Bin Taimur Cultural Complex in Oman, a project that underscores its leadership in delivering technically advanced steel structures.

The cultural complex is envisioned as a world-class destination for arts, heritage, and public engagement. It will house the National Theatre, National Library, and National Archives, among other facilities, all within an ambitious architectural master plan. This project not only highlights the importance of cultural infrastructure in Oman but also showcases the technical prowess and reliability of EBS in executing complex projects.

Under the 50,000 m² package, EBS will manage the complete structural steel works, which includes detailed engineering, specialized fabrication, and on-site erection. The project requires advanced fireproofing systems and complex, long-span steel elements designed for theatre halls and public spaces, all of which demand precise engineering and structural durability.

Joseph Chidiac, General Manager of EBS, expressed the company's honor in contributing to a landmark project of national importance. He emphasized EBS's commitment to upholding the highest global standards in engineering and fabrication, supporting Oman's vision for cultural and architectural excellence. The main contractor, SAH–SML Joint Venture, has expressed strong confidence in EBS's technical execution capabilities and longstanding experience in managing challenging, multidisciplinary steel projects.

EBS has an established legacy in Oman, having contributed to several major national developments, including the Duqm Refinery and the Duqm Integrated Power & Water Plant. This latest contract further cements its reputation as a reliable partner in the region's development endeavors.

For investors, Dubai Investments' involvement in such landmark projects through its subsidiaries like EBS signals a strong growth trajectory. The company's strategic focus on business diversification and sustainable financial returns makes it a promising prospect. Given the current developments and the company's robust portfolio, the recommendation is to buy the stock, as it presents a solid investment opportunity with potential for long-term growth.