# Omzest

Omzest is a Single Family Office based in Muscat, Oman.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Muscat, Oman
- **Region:** Asia
- **Address:** Muscat, Oman
- **Founded:** 1975
- **Assets under management:** Undisclosed
- **Website:** omzest.com
- **LinkedIn:** https://www.linkedin.com/company/omzest

## Regulatory record

- **Reports private funds:** No

## About

Omzest functions as the single family office tied to the Zawawi interests. Omar Al Zawawi developed the group through trading and industrial ventures before establishing the office structure in Muscat. The firm manages capital across multiple asset classes with an emphasis on long-term preservation. Deployment spans real estate, industrials, financial services, and energy-related activities. The office participates in direct co-investments and joint ventures, including partnerships with Newrest Group and Air Liquide. Geographic exposure covers the Middle East, Asia, and Europe. Holdings include the Sino-Oman Industrial City at Duqm and stakes in Oman Re alongside Trust Re and QGIRCO. No current team size or additional offices appear in public records. Former executives include Rajiv Dhar, previously responsible for strategy and finance before becoming CIO at India's NIIF, and Prasad Gadkari, now Executive Director and Chief Strategy Officer at NIIF. The office maintains memberships such as the Oman-China Friendship Association. Omzest structures its activities through a network of subsidiaries and joint ventures rather than external fund commitments alone. This approach ties investment decisions directly to operating businesses in Oman while preserving family control over capital allocation.

## Sectors

- Industrial Tech
- Real Estate
- FinTech
- Energy Transition & Renewables
- Healthcare Services
- InsurTech

## Questions

### Who runs investment decisions at Omzest?

No current principals are named in public sources. Former executives Rajiv Dhar and Prasad Gadkari held strategy and finance roles before moving to India's NIIF.

### How does Omzest source proprietary deal flow?

The office relies on joint ventures and regional operating relationships in Oman. Examples include partnerships with Newrest Group, Air Liquide, and Petroleum Development Oman.

### Does Omzest participate in fund commitments or only direct deals?

The firm uses direct co-investments, SPVs, and joint ventures. It has also taken positions alongside external investors such as Goldman Sachs and New Enterprise Associates in Nova Specialty Surgery.

### What investment stages does Omzest typically target?

Confirmed stages include early stage and growth. The office also holds infrastructure, real estate, and private credit positions.

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- [Omega Capital S.L.](https://altss.com/profile/omega-capital-s-l)
- [One Putt Ventures](https://altss.com/profile/one-putt-ventures)

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

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