Omagine: Omagine : Omani developer seeks $2.5bn funding from Qatar

(4-traders.com) Omagine is looking to secure Qatari funding for an ambitious mixed-use tourism and real estate project in Muscat The company's US-based majority shareholder, Omagine Inc, stated in a filing to the US Securities and Exchange Commission (SEC) that it has received a term sheet from the unnamed Qatari lender setting out the terms covering the...http://www.4-traders.com/OMAGINE-INC-13908501/news/Omagine--Omani-developer-seeks-25bn-funding-from-Qatar-21484873/