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Ominvest to redeem perpetual subordinated bonds on first call date

BUSINESS REPORTERMUSCAT, JUNE 3Oman International Development and Investment Company (Ominvest) — the leading investment company in the Sultanate in...

Oman , Abdulaziz-mohammed-al-balushi , Oman-international-development , Investment-company-ominvest , Muscat-stock-exchange , International-development , Investment-company , Muscat-stock , Mohammed-al-balushi , Muscat-clearing , Depository-company , Ominvest

OMINVEST insurance subsidiary NLGIC joins hands with RSA ME to launch new group

Further to the signing of a Sale and Purchase Agreement and a Share Swap Agreement in April 2022, and after obtaining relevant approvals from the regulators and shareholders,...

Saudi-arabia , Dubai , Dubayy , United-arab-emirates , Kuwait , Bahrain , Oman , Kingdom-of-saudi-arabia , Saudi , Sultanate-of-oman , Kingdom-of-bahrain , Abu-dhabi

Ominvest to issue Perpetual Sukuk worth RO 52 million

BUSINESS REPORTERMUSCAT, NOV 29In its recent Extraordinary General Meeting (EGM), Oman International Development & Investment Company SAOG (Ominvest) obtained its shareholders’ approval to issue Unsecured Subordinated Perpetual Sukuk Al Mudaraba Certificates (Sukuk) worth RO 52m.The Sukuk will be issued by Ominvest and exchanged for shares (Treasury...

Alizz , Al-mintaqah-ash-sharqiyah , Oman , Sultanate-of-oman , Sukuk-al-mudaraba , Abdulaziz-al-balushi , Al-balushi , International-financial-reporting-standards , Capital-market-authority , Muscat-stock-exchange , Jabreen-international-development-company , Ominvest-group

OMINVEST meets with SMEs at Expo 2020

MUSCAT: In line with its support to Omani Small and Medium Enterprises (SMEs) and innovators participating at Expo 2020 Dubai, a team from Oman International Development and Investment Company (OMINVEST), the leading investment holding group in Oman, met with Omani SME owners and entrepreneurs at its premises.The visiting entrepreneurs are amongst a group...

Dubai , Dubayy , United-arab-emirates , Oman , Omani , Lina-hussein , Anwar-al-jabri , Shamsa-al-sheibani , Nada-bassam , Medium-enterprises-smes , Commission-of-the-sultanate-at-expo , Investment-company

Ominvest's net profit rises to OMR33.7 million

Ominvest's net profit rises to OMR33.7 million
By: Times News Service
Muscat: Oman International Development and Investment Company SAOG (Ominvest), one of the oldest and the largest investment company in the Sultanate, announced its initial unaudited financial results for the year ended 31 December 2020. The financial results are subject to statutory audit, review by the Audit and Control Committee, and approval of the Board of Directors of Ominvest.
At the group level, net profit attributable to the shareholders of Ominvest rose by 5 per cent to OMR33.7 million, whereas Net profit at the parent company level rose by 6 per cent to OMR38.1 million, compared to the previous year.

Oman-arab-bank , Z-ufar , Oman , Alizz , Al-mintaqah-ash-sharqiyah , Omani , Abdulaziz-al-balushi , Al-balushi , Arab-bank , Investment-company , Alizz-islamic-bank , Oman-international-development