# Oman International Development & Investment Company

Oman International Development & Investment Company is a Corporate Investor based in Muscat, Oman.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Muscat, Oman
- **Region:** Middle East
- **Address:** Ruwi, Muscat, Oman
- **Founded:** 1983
- **Assets under management:** Undisclosed
- **Website:** ominvest.net
- **LinkedIn:** https://www.linkedin.com/company/ominvest

## Regulatory record

- **Reports private funds:** No

## About

Oman International Development & Investment Company is a corporate investor based in Ruwi, Oman. It manages approximately $3.3 billion in assets across six funds, primarily focused on the Middle East.

## Sectors

- Financial Services
- Real Estate
- Private Equity
- Industrial Tech
- Energy Transition & Renewables
- Infrastructure

## People

- Khaled Mohamed Al Zubair — Chairman
- Abdulaziz Mohammed Al-Balushi — Group Chief Executive Officer

## Questions

### Who controls investment decisions at Ominvest?

The Group CEO Abdulaziz Mohammed Al-Balushi leads the executive management team and sits on boards of multiple subsidiaries, which is where operational investment decisions are executed. Strategic direction is set by the board under Chairman Khaled Mohamed Al Zubair, whose family holds a near-20% stake. The presence of the Social Protection Fund as a shareholder adds a sovereign-wealth dimension to governance without removing the Al Zubair family's operational influence.

### What sectors does Ominvest operate in directly?

The firm has majority or controlling stakes in operating companies including Oman Oasis (bottled water and beverages), Oman Arab Bank (financial services), National Life & General Insurance, and several real-estate development projects. It also holds Gulf franchise rights for retail and consumer brands, making direct operations a larger part of its portfolio than is typical for a holding company.

### What is Ominvest's relationship to Zubair Corporation?

Khaled Mohamed Al Zubair chairs both entities, and the family's 19.94% stake in Ominvest is held through the Al Zubair family's broader holding structure. Zubair Corporation operates as a separate diversified Omani conglomerate with interests in automotive, energy, and real estate. The two entities maintain distinct legal identities and public-company governance within Ominvest, though board overlap reinforces aligned strategic vision.

### Does Ominvest invest outside of Oman?

Yes. Identified non-Omani holdings include a logistics real estate portfolio in the United States and mixed-use beach properties in Budva, Montenegro. The firm has also explored Indian subcontinent opportunities and historically participates in GCC cross-border investments, though Oman remains the largest single geographic concentration.

### Is Ominvest structured more like a sovereign wealth fund or a private holding company?

It is a hybrid of both. The 11.92% Social Protection Fund stake brings sovereign-linked capital onto the shareholder register, and the firm's diversified national-champion investments align with state economic objectives. However, the operational control rests with a private family-anchored board and executive team, not a government ministry, making direct comparisons to pure sovereign vehicles imprecise.

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Last updated: 2026-06-03T20:00:00.000Z

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