Oman International Development & Investment

What Oman International Development & Investment does

Oman International Development & Investment Company SAOG (Ominvest) is a publicly listed investment holding company headquartered in Muscat, Sultanate of Oman, founded in 1983 and trading on the Muscat Securities Exchange under ticker OMVS. The company manages total group assets of USD 3.6 billion as of the 2025 audited financial statements, with 81% of assets in listed investments, an 18.5% return on equity, and a modest leverage ratio of 1.69. Ominvest maintains a diversified portfolio spanning six segments: insurance (Liva, International General Insurance, Takaful Oman), banking and finance (Bank Muscat, Oman Arab Bank, Alizz Islamic Bank, Ubhar Capital, National Finance, National Finance House), private equity (via wholly-owned Jabreen International Development Company covering East Bridge, Alephya, Happycall, Pops, USM Healthcare, US Logistics Portfolio, Healthcare Platform, Shamal Plastics, Modern Steel), global capital markets (Ominvest International Holding Limited in DIFC managing USD 300M+), real estate (ORIS and the LA VIE project), and technology (Dreamlab cybersecurity and Thawani fintech). Operations span Oman, UAE, Kuwait, Bahrain, Saudi Arabia, Singapore, South Korea, Vietnam, and the US.

The company generates returns through four primary revenue streams: dividend income from majority and minority equity stakes in portfolio companies (with controlling positions in Liva 52%, Takaful Oman 56%, Oman Arab Bank 32%, Ubhar Capital 81%, National Finance 34.6%, Shamal Plastics 51.6%, and ORIS 100%), capital gains from exits (USD 777 million in profitable exits over the past three years), proprietary Global Capital Markets returns from the DIFC-based multi-asset portfolio exceeding USD 300 million, and real estate development income via ORIS. The distribution and go-to-market approach is institutional: shares trade on the MSX, the company engages in investor presentations, regulatory disclosures, ESG Connect events with Sustainable Square, and analyst coverage from Arqaam Capital. Strategic partnerships include MEIRA (Middle East Investor Relations Association), Environment Society of Oman, Oman In Focus, INJAZ Oman, and Bait Al Zubair. Major shareholders include Al Hilal Investment Company LLC at 19.37% and The Social Protection Fund at 11.92% as of April 2026, with the remainder publicly traded.

Oman International Development & Investment (Ominvest) is a publicly listed investment holding company founded in 1983, managing USD 3.6 billion in total group assets across insurance, banking, private equity, global capital markets, real estate, and technology sectors in the GCC, Asia, and the United States. It serves public market shareholders, institutional investors, and high-net-worth individuals through the Muscat Securities Exchange (OMVS) while providing growth capital and strategic support to a diversified portfolio of operating subsidiaries and investees.

Name

Oman International Development & Investment

Legal name

Oman International Development and Investment Company SAOG (شركة العمانية العالمية للتنمية والاستثمار (ش.م.ع.ع))

Website

https://ominvest.com

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

51–100 employees

Short description

Oman International Development & Investment (Ominvest) is a publicly listed investment holding company founded in 1983, managing USD 3.6 billion in total group assets across insurance, banking, private equity, global capital markets, real estate, and technology sectors in the GCC, Asia, and the United States. It serves public market shareholders, institutional investors, and high-net-worth individuals through the Muscat Securities Exchange (OMVS) while providing growth capital and strategic support to a diversified portfolio of operating subsidiaries and investees.

Ownership category

akta.pro rank

Product category

Investment Holding Company

NAICS

All Other Financial Investment Activities (52399), Other Financial Investment Activities (5239)

SIC

Investors, Nec (6799)

akta.pro primary industry

HoldCo / Permanent Capital ETA (FSANALAE)

akta.pro secondary industries

Islamic Private Banking & Wealth (FSABAGAD), Private Markets Fund of Funds (PE / VC / Private Credit FoF) (FSAHAKAF)

Keywords

• Investment holding company
• Diversified financial services
• Private equity investments
• Portfolio management
• Insurance and banking

Headquarters

HQ city

Muscat

HQ country

Oman

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Dividend Income: Ominvest generates returns through dividends from its portfolio companies including Liva (52%), Takaful Oman (56%), Oman Arab Bank (32%), National Finance (34.6%), Ubhar Capital (81%), and others across insurance, banking, and financial services sectors.
2. Capital Gains and Portfolio Value Appreciation: Realisation of value through exits at attractive valuations. The company has achieved $777 million in profitable exits over 3 years (2015-2025) and $906 million in new investments, demonstrating active portfolio management and value creation.
3. Global Capital Markets Returns: Ominvest International Holding Limited (DIFC office) manages a proprietary Global Capital Markets portfolio of over USD 300 million, generating returns from multi-asset and multi-strategy investments.
4. Real Estate Development: Through ORIS (100% owned), Ominvest develops real estate projects including the Ominvest Business Centre (OBC) completed in September 2018 and the LA VIE mixed-use project in Muscat Hills.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Oman International Development & Investment (Ominvest) is a publicly listed investment holding company on the Muscat Securities Exchange, established in 1983. It manages a diversified portfolio across insurance, banking and finance, private equity, global capital markets, real estate, and technology sectors, with total group assets of USD 3.6 billion as of 2025 and investments spanning GCC, Asia, and other growth markets.

Product overview

Oman International Development & Investment (Ominvest) is a diversified investment holding company listed on the Muscat Securities Exchange, established in 1983. The company operates as a multi-sector investment group with a portfolio of subsidiaries and investments across six core segments: Insurance (Liva, IGI, Takaful Oman), Banking & Finance (Bank Muscat, Oman Arab Bank, Alizz Islamic Bank, Ubhar Capital, National Finance), Private Equity (through Jabreen subsidiary including East Bridge, Alephya, Happycall, Pops, USM Healthcare, Healthcare Platform, Shamal Plastics, Modern Steel), Global Capital Markets (Ominvest International Holding Limited managing over USD 300 million), Real Estate (ORIS, LA VIE project), and Technology (Dreamlab, Thawani). The company reports total group assets of USD 3.6 billion as of 2025, with 81% in listed assets, and pursues a strategy of focused diversification across sectors and geographies with global reach including GCC, Asia, and other growth markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Liva (National Life & General Insurance) Largest insurance company in Oman with presence in UAE and Kuwait. Provides life and general insurance products; Ominvest holds 52% ownership.
• International General Insurance (IGI) Leading international reinsurance company listed on NASDAQ USA. Ominvest holds 20.5% ownership.
• Takaful Oman Islamic insurance company operating in Oman. Ominvest holds 56% ownership.
• Oman Arab Bank (OAB) Leading banking franchise in Oman with total assets of USD 12 billion providing retail, corporate, and treasury banking services. Ominvest holds 32% ownership.
• Bank Muscat Oman's largest bank with total assets of USD 39.2 billion. Ominvest holds 9.4% ownership as a strategic minority stake.
• Alizz Islamic Bank Leading Islamic bank in Oman providing Sharia-compliant banking services. Wholly owned by Oman Arab Bank (100%).
• Ubhar Capital (U-Capital) Largest non-banking investment bank in Oman, managing AUM of USD 1.2 billion. Provides investment banking, asset management, and brokerage services. Ominvest holds 81% ownership.
• National Finance Largest leasing company in Oman with 50% market share, providing leasing and consumer finance services. Ominvest holds 34.6% ownership.
• National Finance House (NFH) Provides financing of private, commercial, and heavy vehicles in Bahrain. Ominvest holds 18% ownership.
• Ominvest International Holding Limited Office in DIFC (Dubai) managing proprietary Global Capital Markets portfolio of over USD 300 million across multi-asset and multi-strategy investments.
• ORIS (Oman Real Estate Investment Services) Real estate project development company, 100% owned by Ominvest. Completed the Ominvest Business Centre (OBC) in September 2018 and develops large scale projects for residential, commercial and leisure real estate sectors in Oman.
• LA VIE Mixed-use real estate project developed by ORIS within Muscat Hills.
• Dreamlab Cybersecurity services company in Oman accredited by MTCIT (Ministry of Transport, Communications and Information Technology). Ominvest holds 60% ownership.
• Thawani Leading FINTECH company in Oman providing digital payment solutions. Ominvest holds 30% ownership.
• Jabreen International Development Company (Jabreen) Private Equity Investments Wholly owned subsidiary of Ominvest focused on private equity investments in diverse sectors and expanding into new growth markets in Asia. Investments include East Bridge (43%), Alephya (10%), Happycall (16.8%), Pops (6.8%), USM Healthcare (4.8%), US Logistics Portfolio, Healthcare Platform (15.59%), Shamal Plastics (51.6%), and Modern Steel (19.5%).

Quantifiable outcome

• $3.6 billion total group assets as of 2025
• +7 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Bait Al ZubairminorOthers · 2 November 2025Ominvest and Bait Al Zubair launched 'Future Frames' to empower youth through art and AI, combining cultural heritage preservation with technology innovation for youth development.
• Sustainable SquarecoreStrategic or Co-development Partner · 6 October 2025Ominvest and Sustainable Square co-hosted 'ESG Connect' to advance group-wide sustainability alignment, bringing together stakeholders to discuss and advance ESG integration across the Ominvest group.
• Environment Society of OmanminorOthersOminvest collaborated with the Environment Society of Oman for a beach cleaning initiative as part of Arab Environment Day in October 2023, demonstrating commitment to environmental responsibility and community engagement.
• Oman In FocuscoreOthersOminvest signed an agreement with Oman In Focus as the Main Partner to promote the natural beauty of Oman and held a Knowledge Exchange session on environmental conservation. Oman In Focus is a partner in Ominvest's social impact initiatives.
• INJAZ OmancoreOthersOminvest partners with INJAZ Oman (part of Junior Achievements Worldwide), the world's largest non-profit organisation, to support youth education and entrepreneurship development programs in Oman.
• MEIRA (Middle East Investor Relations Association)coreGTM or Marketing PartnerOminvest announced a strategic partnership with MEIRA Annual Conference 2025 and reinforced its commitment to investor relations excellence. MEIRA is a leading professional association for investor relations in the Middle East.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• ADQ: Abu Dhabi holding company with a diversified portfolio spanning utilities, food and agriculture, healthcare, logistics, and financial services. Comparable to Ominvest as a state-aligned Gulf diversified holding company, though much larger and not publicly traded.
• Emirates Investment Authority: UAE federal sovereign wealth fund investing across multiple asset classes globally. Comparable to Ominvest only at the level of strategic allocation and long-duration capital, but operates as a non-public sovereign vehicle rather than a listed holding.
• Dubai Holding: Diversified Dubai-based conglomerate with real estate, hospitality, telecommunications, and financial services investments. Comparable to Ominvest in the diversified Gulf holding model and direct participation in banking and insurance through group entities.
• Mubadala Investment Company: Abu Dhabi sovereign-backed investment company managing a diversified global portfolio across PE, public markets, infrastructure, and technology. Comparable to Ominvest in sectoral breadth and global mandate but operates at vastly larger scale and is not publicly listed.

Direct peers

• Global Investment House: Kuwait-based (formerly BSE-listed) investment company offering asset management, investment banking, and private equity services across MENA. Comparable to Ominvest via its mix of public-market investment, PE, and Gulf-focused capital deployment.
• Kingdom Holding Company: Publicly listed on Tadawul, Kingdom Holding is a Saudi diversified investment holding company with stakes across hospitality, real estate, technology, and financial services. It mirrors Ominvest's model of a publicly listed Gulf holding company deploying permanent capital across multiple sectors and geographies.
• Investcorp: Bahrain-headquartered, publicly listed alternative investment firm managing private equity, real estate, credit, and absolute return strategies across the Gulf, US, Europe, and Asia. Closely comparable to Ominvest in alternative asset focus and Gulf-anchored global capital deployment.
• Ithmaar Holding: Bahrain-listed investment holding company focused on Islamic banking (Bank of Bahrain and Kuwait), real estate, and private equity. Comparable to Ominvest through its dual exposure to Islamic financial services and diversified PE/real estate holdings in the Gulf.
• Al Faisaliah Group: Tadawul-listed Saudi conglomerate with diversified holdings in food and beverage, healthcare, education, real estate, and financial services. Comparable to Ominvest as a publicly listed MENA holding company running multiple operating subsidiaries and minority financial investments.
• National Holding Company: Abu Dhabi-listed diversified investment holding company with interests across financial services, real estate, and industrial assets. Comparable to Ominvest as a publicly listed UAE-region diversified holding structure with a permanent-capital model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ominvestoman

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries23 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oman International Development & Investment