Oman International Development and Investment Co (Ominvest) News - Mubasher Info
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Oman International Development and Investment Co (OMVS)

Last update: 29 April 01:06 PM market time.
0.39
0.14
56.63%
Open 0.38
Previous Close 0.25
High 0.39
Low 0.38
Stock Statistics
Volume 50,958
Turnover 19,852.91
All data are 15 minutes late during market session

News

Ominvest’s unit in talks with Alizz Islamic Bank about possible merger
24 May 2018 02:09 PM Ominvest’s unit in talks with Alizz Islamic Bank about possible merger
Mubasher: Oman-based Alizz Islamic Bank has announced receiving a letter from the Oman Arab Bank to discuss regarding a large cooperation between the two firms that may lead to a merger. Oman Arab Bank is a 50.99% subsidiary of Oman International …
Mergers and Acquisitions
The company profits reached OMR 7.14 million ($18.48 million) in Q2-17, compared to OMR 7.78 million ($20.13 million) in Q2-16
14 July 2017 06:18 PM Ominvest profits drop 8% in Q2
Mubasher: Oman International Development and Investment Company (Ominvest) said its profits decreased by 8.2% year-on-year in the second quarter of 2017.  The company’s profits fell to OMR 7.14 million ($18.48 million) in Q2-17 from OMR 7.78 …
Financial Results
Ominvest generated profits of OMR 35.3 million in 2016 (Photo Credit: Company Website)
16 January 2017 02:07 PM Ominvest profits grow 49% in Q4
Mubasher: Oman International Development and Investment (Ominvest) reported a 49.2% rise year-on-year in its profits during the fourth quarter of 2016, according to a bourse statement. Profits reached OMR 13.56 million ($35.21 million) in Q4-16, …
Financial Results
Ubhar Capital acquires investment management group of Oman Arab Bank
20 December 2016 04:36 PM Ubhar Capital acquires investment management group of Oman Arab Bank
Mubasher: Ubhar Capital said it acquired Investment Management Group of Oman Arab Bank (OAB). The acquisition will encompass the entire existing Investment Management Group platform, including systems, human resources, licenses, assets and …
Companies Investments
total revenues hiked 110% to OMR 108.88 million by the end of H1-16- (Photo Credit: Company Website)
14 July 2016 04:42 PM Ominvest posts OMR 7.67m in Q2
Mubasher: Oman International Development and Investment's (Ominvest) profits fell 19.1% to OMR 7.67 million ($19.86 million) in the second quarter of 2016 from OMR 9.48 million ($24.54 million) in Q2-15, according to a bourse filing. Net profits …
Financial Results
One of Oman International Development and Investment's factories (Photo credit: Company website)
23 May 2016 11:31 AM NBO recommends ‘Buy’ on Ominvest
Mubasher: the National Bank of Oman (NBO) recommended ‘Buy’ on Oman International Development and Investment (Ominvest) stock, setting the target price at OMR 0.600. The bank’s report, released on Monday, said that the target price exceeds the …
Stock Evaluations
One of Ominvest's factories (Photo Credit: Arabianeye-Reuters)
31 March 2016 11:26 AM Ominvest shareholders Ok dividends for 2015
Mubasher: Shareholders of Oman International Development and Investment (Ominvest) gave the go-ahead to the proposed dividends for 2015, according to a bourse statement. The shareholders approved 10% cash dividends or 10 baisas per share, in …
General Assembly
Photo Archive
1 March 2016 10:02 AM Ominvest OGM to discuss 25% dividends 30 March
Mubasher: Oman International Development and Investment (Ominvest) will hold an ordinary general meeting on 30 March to discuss proposed cash dividends for 2015. The board of directors proposed distributing 25% annual dividends divided into cash …
Event
Photo Credit: Arabianeye-Reuters
15 February 2016 00:26 PM Ominvest’s Q4 profits leap 104%
The preliminary unaudited financial statements of Oman International Development and Investment (Ominvest) showed a surge of 104% in profits of the fourth quarter in 2015 as compared to the same quarter of 2014. The company reported OMR 9.39 …
Financial Results
Archive Photo
29 December 2015 11:41 AM Ominvest founds new subsidiary capitalised at OMR 50m
Mubasher: Oman International Development and Investment Company (Ominvest) said Tuesday that its board of directors approved the establishment of a new subsidiary with an authorised capital of OMR 50 million and paid-in capital worth OMR 20 …
Companies Investments
8 November 2015 08:44 AM Invitation to the Ordinary General Meeting
Invitation to the Ordinary General Meeting   The Board of Directors of Oman International Development and Investment Company SAOG (“OMINVEST”) is pleased to invite the shareholders to attend an Ordinary General Meeting which will be held at the …
Photo Credit: Arabianeye-Reuters
14 October 2015 01:11 PM Ominvest posts OMR 28m profits in 9M
Mubasher: Oman International Development and Investment Co. (Ominvest) posted profits of OMR 28.11 million in the first nine months of 2015, up 18.2% from OMR 23.79 million in the same period of 2015, according to a bourse filing. Total revenues …
Financial Results
14 October 2015 09:16 AM Initial Quarterly Financial Results for the Nine Month Period Ended 30th of September 2015
OMINVEST INITIAL QUARTERLY FINANCIAL RESULTS FOR THE GROUP AND PARENT COMPANY FOR THE NINE MONTH PERIOD ENDED 30TH OF SEPTEMBER 2015   In compliance with current regulatory requirements, Oman International Development and Investment Company SAOG …
Photo Credit: Arabianeye-Reuters
16 September 2015 11:25 AM Oman Engineering sells 50% stake in Ominvest
Mubasher: Oman National Engineering and Investment Co. sold 2.5 million shares or 50% of its stake in Oman International Development and Investment Company (Ominvest) for OMR 1.17  million ($3.03 million). The company previously reported profits …
Companies Investments
Photo Credit: Arabianeye-Reuters
20 August 2015 01:36 PM Oman’s commerce ministry OKs ONIC-Omnivest merger
  Mubasher: The Omani Ministry of Commerce and Industry (MOCI) has approved the merger between Oman International Development and Investment Company (Omnivest) and Oman National Investment Corporation Holding (ONIC) on 19 August. Following the …
Company News
11 August 2015 09:00 AM UnAudited Financial Statements for the Half Year Ended 30 June 2015
OMINVEST UnAudited Financial Statements for the Half Year Ended 30 June 2015   OMINVEST has disclosed the Group and Parent Company unaudited financial statements for the half year ended 30 June 2015. Both the Arabic and English copies have been …
13 July 2015 09:04 AM Initial Quarterly Financial Results for the Half Year Ended 30th of June 2015
OMINVEST Initial Quarterly Financial Results for the Group and Parent Company For the Half Year Ended 30th of June 2015   In compliance with current regulatory requirements, Oman International Development and Investment Company SAOG (Ominvest) is …
1 July 2015 09:10 AM Update on the Merger between OMINVEST and ONIC
Update on the Merger between OMINVEST and ONIC Further to our previous disclosures regarding the Merger between Oman International Development and Investment Company SAOG (“OMINVEST”) and Oman National Investment Corporation Holding SAOG (“ONIC”), …
Photo Credit: Arabianeye - Reuters
23 June 2015 02:06 PM Oman’s c.bank approves Ominvest, ONIC merger
Muscat – Mubasher: The Central Bank of Oman board endorsed on Monday the proposed merger of Oman International Development and Investment Co (Ominvest) and Oman National Investment Corporation Holding. Shareholders and boards of both companies had …
Mergers and Acquisitions
Photo Credit: Arabianeye-Reuters
1 June 2015 10:34 AM ONIC to merge with OMINVEST
Oman National Investment (ONIC) and Oman International Development and Investment (OMINVEST) held their extraordinary general meetings (EGM) on 31 May with quorum representing 83.0638 % and 92.17% shareholders respectively.The EGMs resulted in the …
Mergers and Acquisitions
1 June 2015 09:01 AM Resolutions of the Extraordinary General Meeting
Resolutions of the Extraordinary General Meeting   Oman International Development and Investment Company SAOG (“OMINVEST”) successfully held its Extraordinary General Meeting (“EGM”) with a quorum of 92.17%, on Sunday the 31st of May 2015 at …
13 May 2015 09:21 AM Invitation to the Extraordinary General Meeting
Invitation to the Extraordinary General Meeting   The Board of Directors of Oman International Development and Investment Company SAOG (“OMINVEST”) is pleased to invite the shareholders to attend an Extraordinary General Meeting which will be …
12 May 2015 09:11 AM UnAudited Financial Statements for the Three Month Period Ended 31 March 2015
OMINVEST – UnAudited Financial Statements for the Three Month Period Ended 31 March 2015   OMINVEST has disclosed the Group and Parent Company unaudited financial statements for the three month period ended 31 March 2015. Both the Arabic and …
20 April 2015 09:01 AM Update on the Proposed Merger Between OMINVEST and ONICH
Update on the Proposed Merger Between OMINVEST and ONICH On 30th December 2014, Oman International Development and Investment Company SAOG (“OMINVEST”) and Oman National Investment Corporation Holding SAOG (“ONICH”) signed a Memorandum of …
Photo Credit: Arabianeye-Reuters
13 April 2015 10:44 AM Ominvest earnings soars 37% in Q1-15
Oman International Development and Investment Company (Ominvest) registered a growth of 37% in its earnings of the first quarter ended 31 March, 2015.The firm posted a net profit of OMR 9.899 million in Q1-2015, compared to OMR 7.205 million in …
Company News