Asyad

What Asyad does

Asyad Group is Oman's state-owned integrated logistics conglomerate, wholly owned by the Oman Investment Authority (OIA) and headquartered in Muscat. The company operates across five interlocking business modules: maritime and shipping (a fleet exceeding 100 vessels serving 90+ destinations and 200+ commercial ports), ports and terminals (Sohar, Salalah, Duqm, Port Sultan Qaboos, Suwaiq, and Khazaen Dry Port), free zones and economic cities (Sohar Free Zone, Salalah Free Zone, Muscat Airport Free Zone, Khazaen Economic City covering 51 million sqm), logistics and distribution (multimodal freight forwarding, ISO 22001-certified warehousing and cold chain, Asyad Express, Oman Post), and public services (MWASALAT buses, Oman Rail, Hafeet Rail JV with Etihad Rail and Mubadala). The group serves over 6,000 global clients across retail, manufacturing, petrochemicals, automotive, healthcare, and shipping line segments, with named customers including Maersk, CMA CGM, Dynacom, and Oman Shipping.

Revenue is generated through a diversified mix of transaction-based fees (port handling, berthing, freight forwarding, drydock repair, rail freight), recurring subscription/lease revenue (free zone land and warehouse leasing, annual storage contracts), and project-based contracts (shipbuilding, port development). GTM is sales-led and enterprise-focused, with direct field sales offices in USA, India, China, and GCC, vendor registration and tender/RFI processes for government procurement, and dedicated free zone investment portals. Pricing is quote-based and not publicly disclosed across most services; free zone incentives (100% foreign ownership, 0% import duties, up to 25-30 year tax holidays) are used as the primary demand generation lever for international tenants.

The technology stack combines the Ligentix AI-driven control tower platform (acquired via Ligentia in April 2026) with Infor WMS, proprietary shipment tracking, SOHAR Navigate (550 port connection network), and drone-based logistics pilots through Oman Logistics Center's Tech Try program. Revenue has grown nearly sixfold from OMR 123.4 million in 2016 to OMR 713 million (~$1.85B) in 2026, with annualized turnover projected to exceed $2.1B post-Ligentia. The group is executing a strategy of international expansion through acquisitions (Ligentia 2026, Uzbekistan 2026, Skybridge 2024) and anchor partnerships (CMA CGM $400M Sohar terminal, Hafeet Rail JV), positioning Oman as a connective logistics hub between Asia, Europe, the Middle East, and Central Asia.

Name

Asyad

Legal name

Oman Global Logistics Group S.A.O.C.

Website

https://asyad.om

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Asyad Group is Oman's state-owned integrated logistics provider operating ports, maritime, free zones, freight forwarding, warehousing, and rail across 24 countries and 76 cities, serving over 6,000 global clients in shipping, manufacturing, retail, and energy sectors.

Ownership category

akta.pro rank

Product category

Integrated Logistics Services

NAICS

Freight Transportation Arrangement (4885), Freight Transportation Arrangement (488510), Freight Transportation Arrangement (48851), Marine Cargo Handling (488320), Port and Harbor Operations (48831)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Deep Sea Foreign Transportation Of Freight (4412), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Telecommunications & Network Equipment (TLAIALAN)

akta.pro secondary industries

Direct-to-Consignee (DTC) / Deconsolidation & Breakbulk Distribution (TLACALAE), Customs Declaration & Filing (Import/Export Entry) Platforms (TLAEAOAA), Value-Added Services in Bond (Kitting, Labeling, Repacking, Light Assembly) (TLALAGAI), Inland Container Depots (ICD) / Inland Ports (TLALAJAB)

Keywords

• Integrated logistics services
• Port terminal operations
• Multimodal freight forwarding
• Maritime shipping services
• Free zone operations

Headquarters

HQ city

Muscat

HQ country

Oman

HQ region

Middle East

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Maritime and Shipping Services: Asyad delivers global maritime and shipping services through vessel operations, fleet management, and marine infrastructure. Revenue is generated from vessel chartering, shipping fees, fleet management contracts, and maritime transportation services. The fleet exceeds 100 vessels.
2. Port and Terminal Operations: Asyad develops and operates ports and terminals (Sohar, Salalah, Duqm, Khazaen Dry Port, Port Sultan Qaboos, Suwaiq, Khasab, Shinas) serving as global trade gateways. Revenue is generated through port handling charges, berthing fees, cargo handling fees, and terminal services.
3. Freight Forwarding and Multimodal Transport: End-to-end freight forwarding covering air, sea, and land transport across a network spanning more than 90 countries. Revenue is generated from freight charges, multimodal transport fees, and logistics management services. Expanded significantly through acquisitions of Skybridge Freight Solutions (2024) and Ligentia Group (2026).
4. Warehousing, Cold Chain, and Fulfillment: ISO 22001 certified warehousing facilities covering dry, ambient, chilled, and frozen storage. Services include dedicated facilities, temperature-controlled storage, bonded storage, and e-commerce fulfillment. Revenue is generated through storage fees, fulfillment service charges, and value-added services.
5. Express Delivery (Asyad Express and Oman Post): Express delivery services including same-day and next-day domestic delivery across Oman, international express to 220+ destinations, last-mile delivery, fulfillment centers, and postal services. Oman Post secured top EMS performance ranking among 190 UPU member countries in 2022. Revenue from delivery fees, fulfillment charges, and postal services.
6. Free Zones and Economic Cities: Asyad manages integrated free zones (Salalah Free Zone, Sohar Free Zone, Muscat Airport Free Zone, Khazaen Economic City) offering land leasing, warehouse leasing, office space, and investment facilitation services. Revenue generated from land/warehouse/office leasing, service fees, and investment facilitation charges. Free zones offer incentives including 100% foreign ownership, 0% import duties, and up to 25-30 years corporate tax holidays.
7. Public Transport and Rail Services: Public transport services including bus operations (MWASALAT), ferries, and rail network development (Oman Rail, Hafeet Rail joint venture). Hafeet Rail connects Oman and UAE across 238km, moving 15,000 tons/276 TEU per trip. Revenue includes passenger fares, freight charges on rail, and public service subsidies.
8. Drydock and Ship Repair Services: Asyad Drydock at Port of Duqm provides ship repair, shipbuilding, offshore rig repair, port repair on-voyage services, and steel structure work. Revenue generated from repair service fees, shipbuilding contracts, and project-based marine engineering services. Clients include major shipping companies including Maersk, CMA CGM, and Oman Shipping.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels8 records

Core offering

Asyad Group is an integrated global logistics provider operating across maritime and shipping services, ports and terminals, free zones and economic cities, multimodal freight forwarding, warehousing and cold chain, express delivery and postal services, rail, and drydock/ship repair. The group manages a fleet of 100+ vessels, six ports, multiple free zones, and a network spanning 90+ countries and 76 cities. Service offerings include Asyad Express and Oman Post, freight forwarding, ISO 22001 certified warehousing, Hafeet Rail (Oman-UAE), and the Ligentix AI-driven control tower platform for end-to-end supply chain visibility.

Product overview

Asyad Group is an Oman-based global integrated logistics provider operating a multi-module platform combining maritime/shipping services, ports and terminals, free zones and economic cities, logistics and distribution, and public transport services. The portfolio includes Asyad Express (domestic express delivery), Oman Post (postal services), Freight Forwarding (air/sea/land multimodal transport), Warehousing Services (ISO 22001 certified cold chain and general storage), Transportation Services, Hafeet Rail (Oman-UAE railway joint venture), Asyad Drydock (ship repair and ship building), and Ligentix (AI-driven supply chain visibility platform acquired 2026). Port infrastructure includes Sohar Port, Salalah Port, Port of Duqm (Asyad Terminals Duqm), Port Sultan Qaboos, Port Suwaiq, and Khazaen Dry Port. Free zone operations encompass Salalah Free Zone, Sohar Free Zone, Khazaen Economic City, and Muscat Airport Free Zone. Public services include MWASALAT bus transport and Oman Rail development. The ecosystem connects over 90 destinations globally, operates across 76 cities in 24 countries, and manages a fleet exceeding 100 vessels.

Differentiator

Problem solved

Functional benefit

Products and services

• Asyad Express Domestic express delivery service offering door-to-door delivery across Oman with same-day and next-day home delivery capabilities through 11 last-mile distribution centers strategically located across the country. Includes COD, insurance, parcel returns, and packaging options.
• Oman Post Oman's national postal operator offering international and domestic postal services, Express Mail Service (EMS), parcel delivery, registered letters, mail bags, government attestation services, stamps, and PO boxes. Featured top EMS performance globally in 2022.
• Warehousing Services ISO 22001 certified warehousing facilities covering dry, ambient, chilled, and frozen storage. Includes dedicated facilities, temperature-controlled storage, bonded storage, and value-added services with Infor Warehouse Management System providing 24/7 stock visibility and shelf-life monitoring.
• Transportation Services Distribution and delivery services with a fleet of trucks and trailers for Oman and GCC cross-border transport. Includes reefers for perishable goods and a transport control tower providing real-time visibility and control over shipments.
• Freight Forwarding Multimodal freight forwarding solutions covering air freight (full/part charter, consolidation, direct shipments, door-to-door), sea freight (LCL/FCL, insurance, warehousing), and land freight (FTL/LTL, overland trucking, cross-border trucking, project logistics). Network spans over 90 countries across six continents.
• Hafeet Rail Joint venture between Oman Rail, Etihad Rail, and Mubadala developing a 238km railway connecting Oman and UAE. Moves 15,000 tons/276 TEU per trip with direct connectivity to five major ports and 15+ integrated logistics hubs.
• Asyad Drydock Ship repair and maintenance services at Port of Duqm. Services include hull blasting and coating, tank coatings, machinery repairs, steel renewals, and accommodation upgrades. Also offers offshore rig repair, port repair, on-voyage services, and ship building for various vessel types.
• Ligentix Supply Chain Platform Proprietary AI-driven control tower platform acquired with Ligentia offering real-time supply chain visibility, ERP integration, and predictive analytics. Serves over 6,000 global clients across retail, automotive, manufacturing, and e-commerce sectors.
• Sohar Port Deep-sea port outside Strait of Hormuz at heart of global trade routes. 21 million sqm hub with logistics, petrochemicals, metals, and food clusters. Hosts 3,000+ vessel calls annually with 85 million gross registered tonnage. Managed by Sohar Industrial Port Company (50:50 joint venture with Port of Rotterdam).
• Salalah Port One of world's largest trans-shipment ports adjacent to main East-West Shipping Lane. Container terminal with 7 berths, general cargo terminal with 12 berths, liquid jetty with 2 berths. Hosts 2,500+ vessel calls annually. Managed by Salalah Port Services Company (Asyad and APM Terminals JV).
• Asyad Terminals Duqm Operator of Port of Duqm's main commercial quays managing multipurpose, dry bulk, RORO, and container terminals. Joint venture between Asyad and Consortium Antwerp Port. Features 300m multi-use general cargo berth, 300m dry bulk berth (5 million tons capacity), and 300m Ro-Ro berth (100,000 vehicles).
• Khazaen Dry Port Oman's first integrated land port covering 250,000 sqm. Customs-bonded services, container terminal, cool chain facilities, TIR transport hub, cargo clearance, bonded warehouse, and container maintenance. Links seaports to commercial and industrial centers.
• Port Sultan Qaboos Multi-purpose port managed by Asyad since 2018. Oman's primary tourism gateway and leading cruise destination with modern passenger terminal. Also handles bulk grain, liquid bulk, navy vessels, dhows cargo, and anchorage operations.
• Port Suwaiq Medium-sized port along Oman's north coast serving local importers and exporters. Handles containerized, non-containerized, and project-specific cargo, livestock, and foodstuff. Integration with Khazaen Dry Port.
• Salalah Free Zone Major industrial and investment hub adjacent to Salalah Port. Part of Asyad Group offering unrestricted access to integrated logistics ecosystem. Access to 2+ billion consumers with proximity to Africa and Asia markets.
• Sohar Free Zone Industrial zone adjacent to Sohar Port managed by Sohar Port Company. Combined investment over USD 27 billion with petrochemicals, plastics, metals, minerals, food, vehicles, and logistics industries. 63% of first 500 hectares completed.
• Khazaen Economic City 51 million sqm integrated economic city in Barka. Largest PPP land development project in Oman. Features customs bonded dry port, free zone with 100% foreign ownership, up to 25 years corporate tax holiday, and 0% personal income tax.
• Muscat Airport Free Zone (MAFZ) Air-enabled logistics hub adjacent to Muscat International Airport with 350,000 tonnes per annum cargo terminal capacity. Direct air access to over 90 destinations. Phase One (400,000 sqm) completed in 2026.
• Public Services (MWASALAT and Oman Rail) Public transportation including MWASALAT bus services (established 1972) and Oman Rail railway network development connecting ports to industrial, commercial, and residential areas for GCC regional integration.
• Asyad Express Fulfilment Dedicated warehousing and fulfillment service managing inventory receipt, storage, picking, packing, labeling, dispatch, and delivery with full tracking for businesses.
• Ship Building Steel and Aluminum shipbuilding services for turnkey contracts including barges (accommodation, flat, lube oil), tugs, landing crafts, working boats, support boats, fishing boats, and offshore support boats.
• Port Repair & On-Voyage Services (PROVS) Mobile repair services for vessels at anchorage, in port, off port drifting, or on voyage. Provides riding squads for inspections and repairs including in-water surveys with certified industrial diving teams, steel repairs, and mechanical work.

Quantifiable outcome

• Revenue grew nearly sixfold from OMR 123.4 million in 2016 to approximately OMR 713 million in 2026
• +6 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature7 records

Partnerships

19 partnerships are on record, tiered flagship, minor and core.

• CMA CGM GroupflagshipStrategic or Co-development Partner · 29 June 2026Framework agreement signed during Sultan Haitham bin Tarik's state visit to France to develop, manage, and operate a $400 million multipurpose logistics terminal at Sohar Port. Long-term strategic collaboration to enhance Omani ports as global trade hubs, strengthen regional connectivity, and deliver superior service to customers. CMA CGM is the world's third-largest shipping company with 700+ vessels serving 420+ ports globally.
• Nama Power and Water Procurement CompanyminorStrategic or Co-development Partner · 29 June 2026Nama Power and Water Procurement Company partnered with EDF Renewables on a 500 MW Al Kamil and Al Wafi solar project during Sultan Haitham bin Tarik's state visit to France, worth approximately $2.25 billion in total agreements.
• EDF Group (including EDF Renewables)minorStrategic or Co-development Partner · 29 June 2026EDF Group involved in 500 MW solar project (Al Kamil and Al Wafi) and pumped-storage hydropower project during Oman's state visit to France. Also engaged in decarbonization discussions with Asyad.
• SUEZ GroupminorStrategic or Co-development Partner · 29 June 2026Water network management partnership with SUEZ Group as part of the 12 agreements signed during Sultan Haitham bin Tarik's state visit to France.
• Orient GroupcoreStrategic or Co-development Partner · 3 June 2026Joint partnership with Orient Group and Uzbek-Oman Investment Company (UzOman) to acquire controlling stakes in Universal Logistics Services (ULS) and Highway Logistics Center (HLC) in Uzbekistan. Orient Group provides deep local expertise and market presence in Uzbekistan, while Asyad contributes global logistics capabilities. Transaction establishes a vital trade corridor linking Central Asia to Oman's ports.
• Uzbek-Oman Investment Company (UzOman)coreStrategic or Co-development Partner · 3 June 2026Partnership to facilitate Asyad Group's entry into Uzbekistan's high-growth logistics market. UzOman acts as investment vehicle strengthening sovereign and strategic partnership between Oman and Uzbekistan, channeling Central Asian exports through Oman's ports.
• Port of RotterdamcoreStrategic or Co-development Partner50:50 joint venture (Sohar Industrial Port Company - SIPC) with Port of Rotterdam to manage and develop Sohar Port. Sohar Port is situated outside the Strait of Hormuz at the heart of global trade routes connecting Europe and Asia. Combined investment at Sohar Port and Freezone exceeds $27 billion.
• APM TerminalscoreStrategic or Co-development PartnerPartnership with APM Terminals (world's largest container terminal operator) to manage and operate Salalah Port Services Company. Salalah is one of the world's largest trans-shipment ports strategically located adjacent to the main East-West Shipping Lane.
• Consortium Antwerp PortcoreStrategic or Co-development PartnerJoint venture between Asyad and Consortium Antwerp Port to develop and operate the Port of Duqm. Duqm is positioned to become a world-class multipurpose commercial gateway and trans-shipment hub with 2,200+ metre quay and 18m draft.
• Hutchison Port SoharcoreStrategic or Co-development PartnerHutchison Ports operates the container terminal at Sohar Port as a joint venture with Asyad and other shareholders. Terminal equipped to handle mega-vessels with remote-controlled super-post panamax quay cranes, 18m draft, and 2 million TEU annual capacity.
• Etihad RailcoreStrategic or Co-development PartnerJoint venture between Oman Rail (Asyad), Etihad Rail (UAE), and Mubadala to develop Hafeet Rail — a 238 km railway connecting Oman and UAE. Project is 40% complete. Moves 15,000 tons/276 TEU per trip. Enables cross-border freight movement within integrated regional transport network.
• Oman RailcoreStrategic or Co-development PartnerOman Rail Company, part of Asyad Group, was founded to develop the national railway network connecting Oman's three deep-sea ports to industrial, commercial, and residential areas. Forms the foundation for Hafeet Rail and broader rail strategy.
• Sudan's Sea Ports CorporationminorStrategic or Co-development PartnerAsyad Ports signed MoU with Sudan's Sea Ports Corporation to enhance cooperation in port planning, maritime infrastructure, training programs, and digital transformation in port management. Aims to support maritime trade and strengthen logistical connectivity between Oman and Sudan.
• Holland Hydrogen HubminorStrategic or Co-development PartnerPartnership under NoorBridge initiative to study a dedicated green hydrogen export corridor from Oman to northwestern Europe. Collaboration between Dutch and Omani companies and academic institutions. Explores shipping routes, logistics costs, port infrastructure, and export forms (ammonia and liquid hydrogen).
• SvitzerminorStrategic or Co-development PartnerTugboat manufacturing initiative via Asyad Group with Svitzer, launched as one of four strategic projects worth RO 935 million by OIA in January 2026.
• Port of Rotterdam (existing JV partner)coreStrategic or Co-development PartnerLong-standing 50:50 JV partner in Sohar Industrial Port Company (SIPC), managing Sohar Port and Freezone with combined investment exceeding $27 billion.
• Shell (Sohar Port sustainability)minorStrategic or Co-development PartnerPartnership between Sohar Industrial Port Company and Shell to power Sohar Port facilities through PV solar energy as part of sustainability commitment.
• MWASALATminorStrategic or Co-development PartnerMWASALAT, established in 1972, is Oman's foremost public transport company. Part of Asyad Group's public services portfolio providing essential bus transportation services to the community.
• Oman AirminorChannel Partner/ Reseller/ DistributorOman Air launching direct Muscat-Tashkent service on July 3, 2026, deepening bilateral economic ties between Oman and Uzbekistan following Asyad's logistics corridor investment.

Scale indicators15 records

Recent moves6 records

Expansion highlights10 records

Direct peers

• DP World: DP World operates a global network of ports, free zones, and integrated logistics across the Middle East, Africa, and globally. It is the most direct competitor to Asyad in regional port operations, free zone management, and end-to-end supply chain solutions, with similar sovereign backing from Dubai.
• AD Ports Group: Abu Dhabi-based integrated ports, maritime, and logistics platform operating ports, free zones, and shipping services across the GCC and globally. Comparable to Asyad as a state-owned integrated logistics champion offering multimodal transport, port management, and free zone development in a neighboring Gulf country.
• CEVA Logistics: Global third-party logistics provider offering freight forwarding, contract logistics, and supply chain solutions. Comparable to Asyad's Ligentia 4PL business and Asyad Logistics in freight forwarding, contract logistics, and integrated supply chain management for enterprise customers.

Broad incumbents

• Maersk: Global integrated container logistics company operating 700+ vessels, port terminals, and end-to-end supply chain services. Maersk is both a customer of Asyad ports and a broad competitor across ocean freight and integrated logistics, with substantially larger scale.
• APM Terminals: World's largest container terminal operator managing 70+ terminals globally. APM Terminals is both Asyad's JV partner at Salalah Port and a broader competitor in port operations, terminal management, and inland logistics services.
• Hutchison Ports: Global port operator managing container terminals worldwide and Asyad's JV partner at Sohar Port. Comparable to Asyad's port operations and competes in container handling, trans-shipment, and port efficiency initiatives across MENA and globally.
• CMA CGM: World's third-largest shipping company with 700+ vessels serving 420+ ports. CMA CGM is Asyad's $400M terminal partner at Sohar and a broader competitor in container shipping, logistics, and supply chain services globally.
• PSA International: Singapore-based global port operator managing terminals across Asia, Europe, and the Americas. Comparable to Asyad in container terminal operations, trans-shipment, and integrated port logistics, though PSA operates at substantially larger global scale.
• Kuehne+Nagel: Global logistics leader offering sea freight, air freight, road logistics, and contract logistics across 100+ countries. Comparable to Asyad's Ligentia and Skybridge businesses in multimodal freight forwarding and integrated supply chain solutions for enterprise and SME customers.

Emerging players

• Yusen Logistics: Japan-headquartered global logistics provider offering international freight forwarding, contract logistics, and supply chain solutions. Comparable to Asyad in multimodal freight forwarding, warehousing, and 4PL services for enterprise customers globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AsyadGroupOman
• Facebookfacebook.com/AsyadGroup
• LinkedInlinkedin.com/company-beta/13333176

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

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

M&A4 records

Investments

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

Frequently asked questions about Asyad