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Oman Investment & Finance Company
Oman Investment & Finance Company (OIFC) historically operated as a corporate investor with roots in Ruwi, Oman. Chairman Khalid bin Said bin Salem Al-Wahaibi...
Oman Investment & Finance Company
Oman Investment & Finance Company (OIFC) historically operated as a corporate investor with roots in Ruwi, Oman. Chairman Khalid bin Said bin Salem Al-Wahaibi and CEO Said bin Ahmed Safrar lead an organization that undertook a landmark merger with Dhofar International Development & Investment Holding Company (DIDIC) in 2025. The consolidation created a single entity trading under the Khedmah brand, signaled by the migration of OIFC's web presence to khedmah.om. The firm's strategic reshaping appears centered on unifying financial services delivery. OIFC brings a nationwide physical footprint through the Khedmah Branch Network alongside a corporate headquarters in Muscat's Al Khuwair district. The merger with DIDIC suggests a combined balance sheet focused on domestic Omani investment opportunities, though specific asset-class allocations, fund structures, or direct portfolio companies remain undisclosed in publicly available materials as of mid-2026. Altss research identifies board-level ties to Muscat Overseas Group via shared representation through Himansu Mohapatra, indicating co-investment relationships that may span multiple Omani sectors. The 2025 merger with DIDIC marks the most significant operational event in the company's recent history, effectively dissolving OIFC's standalone branding in favor of the Khedmah identity. OIFC's structural differentiator lies in its 2025 consolidation arc: rather than remaining a standalone investment company, it merged with a peer holding entity to form a unified platform brand that blends operating-company characteristics with an investment mandate. This hybrid architecture—a merged corporate investor with an active consumer-facing branch network—distinguishes it from passive holding structures common among regional peers.
General information
Firm type
Corporate Investor
Year founded
1979
AUM
Undisclosed
Location
Region
Middle East
Country
Oman
City
Ruwi
Corporate office
Ruwi, Oman
Additional offices
Al Khuwair, Muscat, Oman · Khedmah Branch Network, Nationwide, Oman
Principals
Khalid bin Said bin Salem Al-Wahaibi
Chairman of the Board of Directors
Said bin Ahmed Safrar
Chief Executive Officer
Frequently asked questions
Who runs investment decisions at OIFC under the new Khedmah structure?
Chairman Khalid bin Said bin Salem Al-Wahaibi provides board-level oversight, while CEO Said bin Ahmed Safrar leads day-to-day executive management. The 2025 merger with DIDIC likely integrated investment committees, though the combined entity has not publicly detailed its governance structure as of mid-2026.
What is OIFC's relationship to the Khedmah brand?
OIFC migrated its corporate domain to khedmah.om following a 2025 merger with Dhofar International Development & Investment Holding Company (DIDIC). Khedmah now serves as the unified brand for the combined entity, which operates a nationwide branch network and a headquarters in Muscat's Al Khuwair district.
Does OIFC maintain a philanthropic or CSR program?
Yes. Altss research identifies an OIFC Corporate Social Responsibility (CSR) Program and corporate membership in the Environment Society of Oman (ESO), indicating ongoing commitment to environmental conservation and community initiatives even as the firm merges into the Khedmah identity.
Who are OIFC's known co-investors or business partners?
The firm shares board representation and investment interests with Muscat Overseas Group through Himansu Mohapatra. Additionally, the 2025 merger with DIDIC positions DIDIC as the firm's primary business partner and merger counterpart in forming the Khedmah platform.
What is OIFC's known posture on fund commitments versus direct investments?
Public disclosures are thin. The firm's corporate investor classification and merger into an operating platform with a physical branch network suggest a direct-investment rather than fund-of-funds posture, though no specific deal structures or fund commitments have been publicized.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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