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.
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 75% of Omagine LLC.
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.