Oman International Development and Investment Co (OMVS)

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

  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 …

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 …

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 …

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”), …

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 …

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 …

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 …

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 …

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 …

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 …

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 …