Oman Food Investment Holding Co.

Overview

Oman Food Investment Holding Co., also known as Nitaj, is a sovereign wealth fund wholly owned by the Government of Oman. Established in 2012, Nitaj's primary objective is to develop the nation's food sector and promote self-sufficiency in line with Oman’s Vision 2040. The company achieves this by investing in domestic and international food projects, partnering with government agencies, private operators, and investors to bolster Oman’s food security and economic stability. Nitaj's investment strategy encompasses a diverse range of asset classes, including private equity, venture capital, real estate, infrastructure, commodities, and fixed income. The fund focuses on various stages of investment, from seed and early-stage ventures to growth, late-stage, pre-IPO, buyouts, turnarounds, and distressed assets. Geographically, Nitaj's investments span across Oman and extend to several countries in the Middle East, Asia, Europe, and the United States, reflecting its commitment to enhancing food security and economic development both locally and internationally. The company's portfolio includes significant stakes in key food and agriculture entities, such as Oman Flour Mills Company, Mazoon Dairy Company, and Nakheel Oman Development Company. These investments underscore Nitaj's dedication to ensuring a sustainable and innovative agrifood chain, contributing to the nation's self-sufficiency and economic growth. By integrating smart food technologies and innovation, Nitaj aims to achieve food security, boost GDP, ensure financial sustainability, and reduce the import-export gap, aligning with the objectives of Oman Vision 2040.

Investment Focus

• Alignment with Oman Vision 2040
• Focus on food security and self-sufficiency
• Partnerships with government agencies, private operators, and investors
• Sustainable and innovative agrifood projects
• Domestic and international investment opportunities

Portfolio Companies