Oman International Development and Investment Company SAOG (Ominvest), a leading investment firm in the region, has announced its board’s approval for the sale of its 80% equity stake in its venture capital arm, Jabreen Investment Ventures SAOC. The divestment, which includes certain international investments, is being made to a strategic investor.
Details of the Transaction
The decision was finalized at a Board of Directors meeting on February 18, 2026. According to a disclosure from the company, the transaction is poised to generate significant returns, with expected net cash proceeds of approximately RO 134 million (around $348 million USD). This sale is projected to deliver an estimated profit of around RO 17 million for Ominvest.
This divestment represents a major portfolio realignment for Ominvest, signaling a strategic move to unlock value from its venture capital investments and enhance its overall financial standing.
Strategic Rationale and Next Steps
The sale marks a significant step for Ominvest in realizing value from its stake in Jabreen Investment Ventures and strengthening its liquidity position. By converting its equity in the venture arm into substantial cash proceeds, the firm is better positioned to pursue new investment opportunities and fortify its balance sheet.
The completion of the transaction is contingent upon several key conditions. Ominvest stated that the sale remains subject to receiving all necessary regulatory and other applicable approvals. Furthermore, the finalization and execution of definitive transaction documentation, including a Sale Purchase Agreement with the undisclosed strategic investor, are still pending.
About Ominvest
Oman International Development and Investment Company SAOG (Ominvest) is one of the oldest and most prominent investment companies in the Middle East. Founded in 1983, it has a diversified portfolio of investments across various sectors, including banking, insurance, leasing, and real estate, both within Oman and internationally. Ominvest is listed on the Muscat Stock Exchange and is known for its role in fostering economic development and creating long-term value for its shareholders.
Source: Zawya
