Dhofar International Development & Investment Holding Co. SAOG

Overview

Established in 1987, Dhofar International Development & Investment Holding Co. SAOG (DIDIC) is a publicly listed investment holding company in Oman. The company is listed on the Muscat Securities Market and has a paid-up capital of approximately US$ 207.22 million. DIDIC's diversified portfolio includes investments in both listed and unlisted companies across various sectors, including banking, financial services, manufacturing, insurance, utilities, hospitality, and medical supplies. The company aims to contribute to the economic development of Oman while generating healthy returns for its shareholders. DIDIC's investment strategy focuses on sectors with substantial profit and growth prospects. The company has a wide shareholder base, including pension funds, insurance companies, banks, investment funds, major trading enterprises, and prominent citizens of Oman, as well as certain GCC and foreign investors. As of December 2024, the group's asset base stood at approximately US$ 588 million. In December 2025, DIDIC completed a merger with Oman Investment and Finance Co. SAOG (OIFC) Khedmah, strengthening its position in digital payments and utility services. The company's investment philosophy emphasizes economic development and shareholder value. DIDIC's major investments include Bank Dhofar, where it is the promoter and largest shareholder, Dhofar Insurance, the second-largest insurance company in Oman, and OIFC, a leading services company in billing, collection, and debt factoring for utilities. The merger with OIFC Khedmah aligns with DIDIC's commitment to supporting Omani businesses, developing national talent, and advancing Oman's digital and economic transformation.

Investment Focus

• Preference for investments in Omani and GCC markets
• Focus on sectors with high growth potential
• Alignment with Oman's economic development goals
• Commitment to corporate governance and transparency

Portfolio Companies