Oman International Development and Investment Company SAOG
Investment Details
Investor Type
Institutional Investor
Asset Class Focus
Financial Services, Property Development, Food, Industrial Sector
Stage Focus
Growth, Late Stage, Buyout
Geographical Focus
Australia, Europe, Asia, Oman, Middle East, North Africa, South Asia, Sub-Saharan Africa, New Zealand, Southeast Asia, Africa, South America, Gulf Cooperation Council, Central Asia, North America, Caribbean, Oceania, Asia-Pacific, Pacific Islands, Caucasus
Industries Focus
- Financial Services
- Property Development
- Food
- Industrial Sector
Investment Size:
1,000,000 to 50,000,000 USD
Investor Details Founded: 1983
Established in 1983, Oman International Development and Investment Company SAOG (OMINVEST) is a prominent investment holding company based in Oman. The company has a diversified portfolio that includes significant stakes in various Omani companies across sectors such as financial services, property development, food, and the industrial sector. OMINVEST is listed on the Muscat Stock Exchange and serves over 2,000 shareholders, consistently paying dividends and showcasing strong financial health.
OMINVEST's key subsidiaries include Oman Arab Bank, in which it holds a 51% stake, and National Life & General Insurance Company, which contribute significantly to the company's earnings. The company focuses on long-term value creation and capital preservation, investing in sustainable businesses with strong governance. OMINVEST adapts to global business trends by reducing reliance on the banking sector and increasing its international asset base.
In 2023, OMINVEST increased its stake in International General Insurance to 20.5% and in Bank Muscat to 15%, marking significant investments in these sectors. The company also redeemed perpetual bonds worth OMR 60.638 million, reflecting its strong financial health. Additionally, OMINVEST successfully rebranded and merged National Life & General Insurance Company SAOG and Al Ahlia Insurance Company SAOG into LIVA Group, demonstrating positive synergy effects and market expansion.
Requirements
- Strong governance
- Sustainable business models
- Long-term value creation
- Capital preservation
- Diversified revenue sources
- Adaptability to global business trends
- Reduced reliance on the banking sector
- Increased international asset base
- Significant investments in key sectors
- Strong financial health
- Successful mergers and rebranding initiatives
- Positive synergy effects
- Market expansion
- Consistent dividend payments
- Diversified portfolio
- Established subsidiaries
- Listed on Muscat Stock Exchange
- Over 2,000 shareholders
- Consistent profitability
- Enviable track record
- Uninterrupted dividend payments
- High-quality durable assets
- Healthy cash flows
- Diversified sectors
- Financial services
- Technology
- Market consolidation initiatives
- Adaptation to global business trends
- Reduced reliance on banking sector
- Operational highlights in 2023
- Acquisitions
- Financial moves
- Redeemed perpetual bonds
- LIVA Group
- Rebranding and merging initiatives
Contact
[Official Website Hidden]
[HQ Location Hidden]
[Email Hidden]
[Contact Number Hidden]
Portfolio Companies
- Oman Arab Bank
- National Life & General Insurance Company
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