Vision 2040 to Secure Developed Nation Status for Oman

Dr. Yousuf Hamad al Balushi, Chief Economist of the Vision 2040

Oman’s ambitious Vision 2040 strategy, first unveiled last year, seeks to catapult the Sultanate into the ranks of the world’s most ‘developed nations’, a top government official said.

Dr Yousuf Hamad al Balushi, Chief Economist of the Vision 2040 taskforce, said the blueprint targets economic growth of around 5 per cent annually over the 2021 — 2040 timeframe. This compares with average growth of 7.5 per cent during the 1970 – 1995 period, and corresponding average estimated growth of 3.5 per cent during the 1995 – 2020 span. “We would like Oman to rank among the most developed nations of the world, and in order to achieve this goal, we need to be advanced economically, socially, environmentally, and in all of the different aspects of development. We strongly believe that Oman has what it takes to get there,” Dr Al Balushi remarked.

Speaking at the Oman E-commerce Conference 2019, at the Oman Convention and Exhibition Centre, he said the Vision 2040 strategy represents the essence of a four-year-long exercise during which the task force reached out to an estimated 40,000 Omanis — young and old — as well as entrepreneurs, business persons, experts and professionals.

The conference provided an opportunity for participants to exchange ideas and practices in the aspects of sustainable development, and acted as a platform to highlight efforts in preparing Oman’s future 2040 vision.

“This Vision has been formulated based on inputs from Omani individuals, businesses and stakeholders representing all facets of Omani society. It encapsulates our current realities and future opportunities, and leverages our competitive strengths and advantages. It enables us to move the next stage of development which is based on a different set of engines — digitalisation being one of them.”

The blueprint, the Chief Economist said, seeks to capitalise on the building blocks of Oman’s modern renaissance characterised by its positive development story and excellent infrastructure represented by the nation’s high-quality roads, airports and seaports. Most importantly, it will seek to leverage Oman’s modern appeal as a stable nation – a legacy of His Majesty the Sultan’s wise leadership, and its friendly policies that have enabled the Sultanate to forge strong bilateral ties with countries across the world, and integrate with the global economy. In his address, Dr Al Balushi described the estimated 50,000 young Omanis entering the labour market every year as a resource that, when suitably trained and developed, would help in the achievement of the Vision 2040 goals. “These young Omani students represent 50,000 engines of growth,” he stated. Among the 69 Key Performance Indicators (KPIs) that must be met to achieve the Vision 2040 objectives are a number of economic targets, said Dr Al Balushi. They include a commitment to raise Real GDP per Capita by 90 per cent, Real GDP Growth by 5 per cent annually, and the contribution of Foreign Direct Investment (FDI) to GDP to 10 per cent. Furthermore, it envisions the share of non-oil activities to grow to more than 90 per cent of GDP, as well as a 40 per cent contribution to job creation by the private sector. A key objective of the strategy is to support the development of a competitive economy, said the official. “We need to make the business environment attractive to foreign investment. This is a key goal of Vision 2040. We strongly believe there are lot of opportunities here, natural resources, competitive advantages associated with its strategic location, and so on. But we need to join hands (with international players) to bring in the missing ingredients needed to achieve our many aspirations.”

‘To those of us who have been blessed by the Almighty to be part of Oman during the illustrious reign of His Majesty Sultan Qaboos Bin Said - and who have had the honour and the pleasure of contributing under his leadership to a land of peace and plenty - the saying that ‹Dreams Can Come True› - is a fact - for we have witnessed very many of our dreams become reality.’

H.E. Dr Omar Bin Abdul Muniem Al Zawawi

Special Advisor for External Liaison to His Majesty Sultan Qaboos Bin Said

Over 75 wholly owned and associate companies form one of Oman’s premier business Groups, the OMZEST Group. H.E. Dr. Omar Zawawi, a leading entrepreneur and Group Chairman, spearheaded the Group’s rapid growth to its present eminence. Manufacturing is a focus area in Oman. Over 60% of OMZEST’s revenue comes from the manufacture of a variety of industrial and consumer products. Many of these products are market leaders in Oman and are exported to over 95 countries, contributing to nearly 75% of the turnover of the manufacturing companies. Zeroing in on providing the best international products and services to Oman, the Group represents several world-renowned organizations and brands. Extending into diverse spheres, the Group’s activities include Banking, Contracting, Finance & Investments, Insurance, Manufacturing, Services, Trading & Agency Representation, Travel & Tourism, and Training & Education. Sustainable development is at the core of the OMZEST Group business strategy. Several Group companies have been awarded the ISO 14001 and IECC environmental certifications in addition to other national and international awards. The OMZEST Group invests continually in training and staff development, research and new product development. It also actively lends support to initiatives that contribute to national development and place Oman firmly on the global map for the high quality of its products and services.

MANUFACTURING

AKZONOBEL OMAN SAOC Incorporated in the year 2013, AkzoNobel Oman manufactures a wide range of Decorative paints and Protective coatings in Oman through a Joint venture with AkzoNobel, a world leader in Paints and coatings. Introduced innovative products like Easyclean and Powerflexx under the Sadolin Dulux brand bringing the global expertise of Dulux with the best in class color delivery system to Oman. Also launched Sadolin Dulux Visualiser, an augumented reality app to make the painting journey a smooth experience for the consumer. Also the product range covering wood, metal, industrial and the automotive segments thereby making Akzonobel Oman a complete solutions provider in Oman. AIR LIQUIDE SOHAR INDUSTRIAL GASES LLC Air Liquide Sohar Industrial Gases LLC (ALSIG) is engaged in production and distribution of Industrial Gases. Incorporated in 2005, the Company produces gases for large industries located in Sohar area. ALSIG started its operations in September 2006 and is supplying industrial gases to refinery and petrochemical units in Sohar.

AIR LIQUIDE, France and ALSIG together bring its world-class expertise and customized service in industrial gases to further contribute to the safety, competitiveness and success of its customers mainly in Sohar Industrial Port Area, Oman.

AL WARDHA FOOTWEAR & LEATHER PRODUCTS COMPANY LLC Al Wardha is the manufacturer of popular brands including ‘Al Wardha’, ‘Zabad’ and ‘Al Safar’ sandals which are marketed through more than 150 outlets in Oman. Incorporated in 1979, the Company, also produces footwear for prestigious international brands and represents some leading names in safety and waterproof shoes for distribution in Oman. The Company is equipped with state-of-the-art Italian and German

machinery. Other products manufactured by Al Wardha are leather accessories including belts, portfolios, holsters, pistol covers, bags, etc. AMIANTIT OMAN COMPANY LLC AOCL is one of the largest manufacturing companies in Oman and four times the recipient of ‘His Majesty’s Award for the Best Factory’. Incorporated in 1975, AOCL produces HDPE pipes, manholes, and tanks, rotational moulded products, UPVC pipes, GRP products and GRC building products. The Company has pioneered in introducing HDPE sewerage products in Oman. The products of the Company are exported to Qatar, UAE, KSA, Bahrain, Kuwait, Yemen, and is accredited with ISO 9001, ISO 14001 & OHSAS 18001. Further, AOCL is also a licensee of M/s Yamaha of Japan and M/s KWH of Finland. AMIANTIT OMAN CONCRETE PRODUCTS LLC Pioneer in manufacturing Engineered Precast Concrete Products in the Sultanate of Oman, the Company was set up in technical collaboration with M/s. Munro Ltd of Canada in 2010. Some of the major products manufactured by the Company are Precast Concrete Manholes for Sewer & Storm Water Networks, Precast Reinforced Concrete Jacking Pipes for Micro-tunneling, Box Culverts for Road Sector and Prestressed Steel Cylinder Pipes for Water Transmission Networks. In addition, the company manufactures a wide range of other Precast Concrete Products for the infrastructure and construction industry. The Company is certified for ISO 9001, ISO 14001 and OHSAS 18001 for its processes and products. AREEJ VEGETABLE OILS & DERIVATIVES SAOC Incorporated in 1980, the Company is a market leader with leading brands like Minara, Sohar, Jabal Akhdar, Muscat Margarine, and Khafeef frying oil –which was voted as a ‘Superbrand’ –in 2012, an international recognition for brand equity. Sohar and Minara, Cooking Oil brands are also proud recipients of the ’Superbrand’ award. Equipped with a stateof-the-art technology, AVOD manufactures and markets top quality cooking oils, ghees, margarines, specìality fats, mayonnaise and butter products. INTEGRATED MANUFACTURING & OIL SERVICES LLC Incorporated in 2014, its the first Company to set up a facility for Fusion Bonded Epoxy (FBE)/ Corrosion coatings in the Sultanate of Oman and is accredited with ISO 9001, ISO 14001 and OHSAS 18001 for its processes and products. The Company is a leading corrosion coating applicator for all major Oil and Gas companies in Oman and the GCC region. JYOTI SOHAR SWITCHGEAR LLC Incorporated in 2000, the Company manufactures Medium Voltage Metal Clad Switchgear for 12 kV System and 33kV Relay & Control Panel through Joint Venture between Jyoti Sohar Switchgear Co. LLC and Jyoti Ltd. India. Its Switchgear conforms to IEC 62271-1; IEC 62271-100 and IEC 62271-200 and is type tested at KEMA in the Netherlands and PEHLA in Germany. Its VK –elaborate range of circufdit breakers is the result of an association between Toshiba Corporation, Japan and Jyoti Ltd., India. Its PH range of panel is fully extensible and effectively compartmentalized to IAC classification.

NATIONAL DETERGENT COMPANY SAOG Established in 1981, the Company is one of the leading FMCG companies in Oman. The Company manufactures and distributes a wide range of leading brands in detergent powders, liquid detergents, soaps, shampoos, allied laundry aids and other household and industrial cleaners. The main brands include Bahar, No.1, Site, Sur, Ayam, Star, Luv, Gentil, Sahar, Farah, Spark, Lamia, D’zire and Nada.The Company also manufactures and markets LABSA, a key raw material in Detergents. More than 60% of the volume turnover of the Company comes from exports to more than 30 countries. The Company has a well-equipped and full-fledged Research and Development Division. The Company was the first ISO 9001 certified soap and detergent company in the region and was re-certified as ISO 9001-2000 in the year 2000 and ISO 9001-2008 in 2005.

The Company’s flagship brand BAHAR was voted as the “Greatest Brand” in Oman, for the period 2010-2011, at the Brand Survey conducted by the Oman Daily Observer. In 2011, BAHAR was also voted as “Super brand” for the second consecutive year in 2012. In 2017, Bahar was voted as the most trusted Omani brand in the country across various categories.

NATIONAL HEATERS INDUSTRIES COMPANY LLC Incorporated in 1983, the Company is one of the leading manufacturers of storage type Electric Water Heaters and Steel Fabrication. Water heaters such as Glass Lined, Galvanized Iron & Copper water heaters are manufactured in a wide range of capacities under the brand name “Hotex”, “Sunex” and “Al Watani”. Steel portfolio under the brand “Hotex Steel” offers cable trays, trunkings, channels, ladders, accessories and cut sheets. The Company also offers a range of cooling products comprising water dispensers, small refrigerators, air conditioners, water purifiers etc. under the brand name “Coolex”. The Company is an ISO 9001/14001/ OHSAS 18001, G-mark and EQM certified company; and its products are exported to GCC countries conforming to local & international standards.

OMAN AGRICULTURE DEVELOPMENT COMPANY SAOC Oman Agriculture Development Company SAOC is an Agro based Dairy Company which involved in the business of supplying fresh dairy farm products in the Sultanate of Oman via retail and direct sales.

OMAN FIBER OPTIC COMPANY SAOG Incorporated in 1996 the Company is involved in the production of fiber optic cables, which are supplied in Oman, other GCC countries and North Africa. It also has an integrated Telecom Unit comprising two divisions, Outside Plant Service (OSP)

and Telecom solutions to provide the following services to various clients in Oman and the GCC.: • Design supply and installation of fiber optic and copper cables • FTTH Solutions • Trenching, cable laying, splicing & termination • Passive infrastructure works • Wireless Broadband solutions • RF Design and engineering • Managed services • Infrastructure works: Towers, Solar Fencing and Shelters.

OMAN FORMALDEHYDE CHEMICAL COMPANY LLC Incorporated in 2005, the Company owns and operates 125 tpd of Urea Formaldehyde Concentrate (UFC-85) and/or 203 tpd of Aqueous Formaldehyde (AF-37) production facility at Sohar Industrial Port Area. The Company has setting up an expansion project for significantly increasing its capacity which will produce 114 tpd of Urea Formaldehyde Concentrate (UFC-85). The project commenced its operation from 2018. The Company has secured 100% market share in Oman and its products are exported to the UAE, Saudi Arabia, Bangladesh, Nigeria and Sri Lanka.

OMAN METHANOL COMPANY LLC Incorporated in 2003,the Company has a modern world scale plant in Sohar, which produces methanol from natural gas. The methanol is largely exported by bulk shipments to a wide range of customers, including global chemical/petrochemical companies, and marketed through a 100% off take agreement with its partner Helm AG of Hamburg, Germany, which manages its Asian business through its Singapore subsidiary.”

OMAN TEXTILE MILLS COMPANY LLC Incorporated in 2004, the Company the only integrated textile mill in the GCC having in-house weaving, dyeing, It printing and finishing facilities. It is equipped with state-ofthe-art machinery from Sulzer, Bruckner and Stork among others, to produce some of the finest fabrics across a gamut of blends. The Company’s product range includes premium quality Uniform Suiting, Military Camouflage Fabric, Industrial Workwear, Digitally Printed Cotton and Silk Fabric, Dress material, Dishdasha, Thoub and Gotrah.

REEM BATTERIES & POWER APPLIANCES COMPANY SAOC Incorporated in 1982, The Company has several divisions, as details below:

Automotive Battery Division: Manufacturers of a wide product range covering about 180 different types of batteries, conforming to JIS, EN and BCI standards. Besides the wide range of Automotive applications, the division offers special batteries for the leisure segment and VRLA AGM batteries for battle tanks. The division also indigenously developed batteries for use in buses plying in London and Hongkong. The 12-volt batteries cover a wide range of capacities from 24Ah to 230Ah. The division manufactures Dry Charged batteries under several brands such as Antara, Gulfstar, Gulfracer, Powerpack, Charger; and their Gold versions refer to the Sealed Maintenance Free batteries. With an installed capacity of 1.75 million batteries a year, the division exports over 90% of its production directly or indirectly to over 50 countries across Middle-East, Africa, Europe and South America. PSBG division: The Division is in the business of “Power Protection”, “Power Conditioning” and Renewable Energy Solutions, viz; UPS systems, DC Rectifiers / Chargers / SMPS, Industrial Batteries” (VRLA-SMF, AGM, Deep Cycle, Traction, Solar, Telecom), AVR, SVR, STS etc., Complete “Renewable Energy (SOLARPV)” Solutions and all corresponding accessories. REEM UPS brand, launched in 2007, covers the entire range (600VA to 800kVA) and types (Off-line/Standby, Line Interactive, True Online – Double Conversion, Modular, Rackmountable) of UPs systems. With qualified and experienced Professionals, the division is one of the selected few “APPROVED AVME VENDORS FOR PDO & OGC” for UPS systems and accessories, supplying GE Make UPS systems, Ni-Cd and other batteries along with accessories for all OIL & GAS applications. The division offers complete Power Solution packages with Power Protection and Power Conditioning equipment for telecom & other industries. Also launched complete Renewable Energy solutions using Solar (PV) technology for both Off grid (Telecom, Oil & Gas and others) and On-Grid Roof Top, Ground Mounted and small & medium applications. RIYAM INVESTMENT & TRADING ESTABLISHMENT LLC Incorporated in 1995, the company is a leading manufacturing, marketing and distribution house for perfumes, cosmetics, and toiletry products. The Company has brands like Reem, Touch, Al Kuff, Pearl, Caress, Identity and Sparkle, which are marketed in Oman including institutional customers and exported internationally. It has built brand equity for eau de perfumes, eau de colognes, eau de toilettes, after-shave lotions, hand wash liquid soaps, shampoos, air fresheners, hand sanitizers, and specialty industrial cleansing products. These specialty cleansing products are supplied to cleaning companies and leading hospitals in Oman. Its oriental perfumes with olfactory compositions blend Eastern mystique with Arabian fantasy. The Company is also the sole distributor for many international brands. WALJAT MODERN PROJECTS CO. LLC Waljat Modern Projects Co. LLC is a registered Limited Liability Company (LLC) formed in 2016 located in Rusyal industrial area. It has two factories with total area 3000 Sq M, fully equipped with modern machinery and highly experienced workforce. Its areas of business includes providing solutions in Intelligent Motor Control Centers (IMCC), Power Control Centers (PCC), Main Distributions Boards (MDB), Automatic Transfer Switch Panels (ATS), APFC Panels (Automatic power factor correctionb capacitor Banks), VFD Panels, PLC Panels,

Control and Relay Panels (C&R). The company focusses on local value addition, by providing quality products & services to meet customer requirements.

TRADING & AGENCY REPRESENTATIONS

AREEJ BUSINESS SYSTEMS COMPANY LLC Incorporated in 1986, the Company represents agencies in Telecommunications and associated businesses. The product portfolio includes PABX System, Key Telephone Systems, IP Telephone Systems, Fiber Optic Communications / SDH Products, Fixed Wireless Terminals and Cellular Products. The Company represents NEC Enterprise Solutions in Oman. BISHARA ESTABLISHMENT LLC The Company is a leading IT, Security Solutions, Point of Sale Solutions, Office Technology, Stationery and Colour Graphics Services Supplier in Oman. Since its inception in 1983, the Company has developed an impressive client base in the Government, Petroleum and Petrochemical Industry and the Private Sector and has earned extreme customer loyalty by offering world leading products and services representing excellent value for money, backed by professional and reliable service support. The Company’s Customer Care and Service Department – “BESTCARE” has secured and maintained the prestigious ISO 9001:2008 Quality Certification since 1997 and is the only Office Equipment Service Operation in Oman to have secured this distinction. BESTCARE takes pride in being the ‘benchmark’ for Service standards and also for providing 24/7 Service to its customers. The Company represents several International IT, Security Solutions and Office Technology Giants Viz. Xerox, Brother, Verifone, GBC, Etc., GENERAL ELECTRONICS & TRADING COMPANY LLC Incorporated in 1978, the Company specialized in Electrical projects and supply of Electrical equipment, represents an impressive list of agencies from the UK, USA, China, India, Korea, Italy, Turkey and Malaysia. It deals mainly in ElectroMechanical products viz. Capacitor banks, Heat Shrinkable Termination Kits and Joints, Surge Arrestors, Neutral Earthing Resistors, Load Banks, Gas Insulated Switchgears, Air Insulated Switchgears, H.V. Switchgear panels, Power and Distribution Transformers, Overhead Line Accessories, Generating Sets, Uninterrupted Power Systems, Gas Turbines, Auto Reclosers, Voltage regulators, etc. It also supplies Port equipment like Cranes, Container Reach Stackers, Terminal Tractors etc. INFORMATION & OFFICE TECHNOLOGY SERVICES Incorporated in 2010, Information and Office Technology Services (IOTS) specializes in Information Technology Solutions, which include, Audio Visual Systems and Digital Signage, Computers, Multi-Function Printers. MEDICAL & SCIENTIFIC SUPPLIES LLC Incorporated in 1992, the Company represents medical companies of global repute. They include Medtronic-Covidien USA, Straub Medical Switzerland, Biomedical Technologies South Korea, Nipro Japan, Ruhof Corporation USA, Lamed India, BAO Healthcare China, Inspiration Healthcare UK etc., to promote value added quality products and services to the fast-growing Healthcare market in Oman. MUSCAT COLD STORES LLC Specialized in retail / wholesale distribution and marketing of frozen / chilled foodstuff, covering hypermarkets, groceries, restaurants etc. The Company’s product range is sourced from all over the world, especially Brazil, France, Germany, Belgium, U.S.A., Australia, New Zealand, India, in addition to Oman. MUSCAT DRILLING & TRADING COMPANY LLC Incorporated in 1990, the Company’s areas of business include oilfield equipment and services.

NATIONAL OILFIELD SUPPLY COMPANY LLC The Company provides equipment and services to oil & gas sector by representing some of the reputed equipment suppliers and service providers in Oman, since its Incorporated in 1985. Major product / services offered by the company are Specialty chemicals and services, Centrifugal pumps, Downhole pumps and services, Drilling and workover services and Heat Shrink Sleeves.

OFFICE SUPPLIES COMPANY LLC Incorporated in 1975., the Company an ISO 9001:2015 certified , engaged in sales and support of office products such as Office Furniture under which products viz. workstations, executive desks, chairs, storages, partitions, conference tables, educational furniture - library & laboratory furniture, auditorium chairs, healthcare furniture, breakout area furniture, etc. are marketed. Renowned brands for furniture are Steelcase, Frezza – Italy, Hyundai Livart - Korea, Boss Design – UK and others. Office Equipment Division markets RICOH/ Nashuatec/ Gestetner multifunction products (copiers/ printers/scanners), large format A0 colour plotters /copiers & projectors, SamKwang & EUN - mechanical & electronic mobile shelving, HSM shredders, Fichet-Bauche – safes, vault doors, lockers, ICAM – vertical carousels, Musashi currency & coin counters, racking, Bisley - lockers, Pitney Bowes – auto mailing solutions etc. Office Stationery Division has very large range of products under brands Pilot, 3M, Elba, Durable, ACCO, ACE, Letts, Casio and many more. Software Division sells & support VAT enabled ERP solutions of Sage & Wings as well as IT management solutions of Manage Engine. The Company also provides comprehensive Full Colour Digital Printing Copy Center Services.

OMAN MECHANICAL SERVICES COMPANY LTD. LLC Incorporated in1978, Oman Mechanical Service Co Ltd LLC (OMSC) is a leading trading and distribution company with over 40 years of experience in serving the customers of Oman.

OMSC represents agencies of renowned principals such as Exxon Mobil, Hyster, Stanley Black and Decker, DeWalt, Donaldson, Falcon Chemicals, Antara Batteries, GE Power, Henkel Loctite, Terraco and Bitumat. OMSC operate from their Head office in Ghala Industrial Area in Muscat and has branches in Sohar, Salalah and Duqm. With well qualified, trained and experienced sales and customer service teams, the Company covers the entire breadth of the country offering quality service and solutions to the large base of end customers and retailers. OMSC carries a large stock of items in their warehouses in all their locations and a fleet of trucks deliver the items to customers within 24 hours. OMSC is certified to the latest ISO 9001: 2015 standard and has won many awards from its principals for their performances including Exxon Mobil’s best performing distributor in GCC for 2017. OMAN SERVICES & SUPPLY ORGANIZATION LLC Incorporated in 1977, the Company is engaged in the field of Electro-Mechanical works upto 33KV, supply and installation, testing and commissioning of Diesel Generator sets from 15 KVA to 2000 KVA, Solar Panels, D.C. battery system for major GSM sites in Oman. The Company is the agent for Eatons Cooper Power Systems, USA for capacitor banks, surge arrestors, voltage regulators, auto reclosers, etc. The Company is also the M & E Contractor carrying out ElectroMechanical contracting jobs for Oman Telecommunication Co. for extension of power supply, installation of stand by D.G. Sets etc. Also supplying and installing Hybrid Power Systems for GSM Mobile towers which includes D.C. Batteries, D.C. Diesel Generator sets and P.V. Solar Panels etc. for leading Mobile operators in Oman. OMAN TEXTILE TRADING COMPANY LLC Incorporated in 2004, the Company is involved in investment and trading activities, including trading in textiles. OMZEST BEIJING Started in 1992, Omzest Beijing is a liaison office for export, import and investments. PROTEIN PRODUCTS INTERNATIONAL LLC Areas of business include retail sale in specialized stores of fish, sea food and products, sales of fishing boats and fishing gear and cold storage services. REEM SCIENTIFIC & ENERGY TECHNOLOGIES LLC The Company incorporated in 1988, represents BASF Germany for a wide range of chemicals and also specialises in supply of various minerals related to the oilfield, construction, ceramics & quartz based engineered stone manufacturing companies. RIYAM ENGINEERING & SERVICES LLC Incorporated in 1986, the Company caters to ever growing requirements of technology, equipment, projects and services in the oil & gas sector in Oman. Agency Division represents some of the most reputed international oil & gas equipment suppliers and services providers in Oman. Major products and services are Engineering & Consultancy Services, Pipeline Services - Corrosion Monitoring, Pigging, Pipeline Integrity, Hot Tapping & Stoppling etc., Mudlogging, Oilfield Chemicals, Rotating Equipment – Compressors and pumps for various applications, Carbon steel and CRA pipelines for oilfield & water applications, Different types of valves and actuators and Different types of instrumentation along with services Supply Division trades in structural steel products and tubulars catering to fabrication and construction sectors. RIYAM INVESTMENT & TRADING ESTABLISHMENT LLC - TRADING DIVISION Incorporated in 1995, the Company, a leading marketing and distribution house for perfumes, cosmetics and toiletry products, has brands like Reem, Touch, Al Kuff and Pearl, which are marketed in Oman and exported internationally. It has built brand equity for eau de parfums, eau de colognes and eau de toilettes, after shave lotions, shampoos, air fresheners, hand sanitizers, etc. Its oriental perfumes with olfactory compositions blend Eastern mystique with Arabian fantasy. It is the sole distributor for many international brands. Having invested in a well-knit sales and merchandizing team that covers all the major markets in the Sultanate apart from a well-developed warehousing and logistics infrastructure, Riyam has set up a successful distribution chain in the country to supply to various key accounts and Hyper and Super markets.

WALEED ASSOCIATES LLC Incorporated in 1975, Waleed Associates is a JV Partner of Siemens LLC, Oman, for Siemens activities in Power Generation, Power Distribution, Automation & Control, Mobility, Industrial Solutions, Infrastructure & Cities and a JV Partner of NEWREST WACASCO for Remote Catering, House Keeping, Cleaning, Preventive Maintenance, Camp Solutions and Ship Chandling. The Company is a Siemens Solution Partner for Automation & Drives as well as a System Integrator for Automation, Drives, Instrumentation, Motors & LV Switchgear. Also have a System Integration Centre for Automation & Drives. Waleed Associates offers design, installation, Commissioning & Maintenance of Traffic Systems, Speed Radars and Red Light Monitors, Parking Systems, Automatic Message Signs, LED Street Lighting, UPS and Solar PV Systems. The Food Division indents, markets, exports and does air logistics of Chilled & Frozen Chicken, Chicken parts, Lamb, Sheep, Beef, Frozen Vegetables, Fresh Eggs, Liquid Eggs, Dairy Products, Corned Beef, Sugar & Lentils. WALEED COMMUNICATIONS COMPANY LTD. Incorporated in 1979, the Company’s areas of business include distribution of Radio Communication and Telecommunication

Products and systems Engineering, Total communication Solutions for customer specific applications, including sourcing, supply, system integration, installation and commissioning services. It is the authorised partner for Motorola Solutions UK, Two-Way Radio Products and accessories and Unify Beteiligungen GmbH & Co. KG., the new OpenScape 4000 and OpenScape Business range of IP and Digital ISDN PABX systems, Call Centres, IVR & CTI solutions, OpenScape Management systems, Integrated DECT Mobility and various telecom applications. WALEED PHARMACY & STORES LLC Incorporated in 1980, and ISO 9001-2015 certified company, Waleed Pharmacy markets a wide range of Pharmaceuticals, Cosmeceuticals & Healthcare Products, Hair Care Products, Surgical and Hospital equipment, Intensive Care Products, Hospital Consumables & Disposable Products, GE Healthcare Imaging Equipment, Oncology Equipment, Hospital Furniture, Endoscopy for all specialty, Laboratory equipment and reagents. Further, Waleed Pharmacy handles project for supply, installation and commissioning of Central Sterilization Equipment, Operation Ceiling Lights, Laundry Equipment, Hospital Laboratory Equipment etc. Waleed Pharmacy currently has 8 retail outlets, 6 of them are situated at very prominent locations in Muscat and the others at Sohar and Salalah. Its central warehouse has facilities for storage of refrigerated, air-conditioned and nonair-conditioned goods. All these retail outlets & warehouse are ISO 9001-2015 certified.

ZAWAWI TRADING COMPANY LLC Incorporated in 1977, the Company’s areas of business include Sales and Services of Daimler (Mercedes-Benz) Cars and Trucks, including Freightliner & Western Star Trucks, Detroit Diesel Engines, Agriculture Equipment & Diesel Engines for various off-highway applications; Engineering projects and products in Mechanical, Communication, Instrumentation and Controls; Marine Engineering projects and products like Diesel engines, transmission and propulsion system elements, integrated propulsion controls & other shipboard equipment; Utility based electrical products; Desalination/ STP plants; Base Load Diesel Power Stations and Electrical Heat Tracing; IT/Telecom Products, Services & Solutions, Information & Communications Technology Strategy & Process Consultancy Services.

SERVICES

ADVERTISING INTERNATIONAL COMPANY LLC Set up in 1991, the Company ranks among one of the top Advertising agencies in Oman. The Agency offers integrated communication solutions covering Advertising, Public Relations, Events & Activation, Identity Development, Market Research and Digital Communication solutions. Being one of the oldest Adverting agencies in Oman, ADINC has handled and built most of Oman’s leading brands. The agency currently deals with the advertising and communication of some of Oman’s best-known brands including OMZEST Group clients. The Company pursues collaborative relationships with clients and partners to uncover the hidden potential of people, brands and business through creative communication. Awards won by the Company includes the Certificate of Merit at Cresta Awards, New York and the Golden Award at Montreux. AL KHUWAIR DEVELOPMENT & SERVICES COMPANY LLC Set up in 1984, the Company is primarily engaged in investment activities.

AL MADINA LOGISTICS SERVICES SAOC An Oman-based SAOC Company established in 2007, to spearhead the task of leading the Logistics and Supply Chain Sector in the Sultanate. AMLS offers Total-Supply-Chain services that include: • Freight Forwarding • Transportation • Warehousing • Open Yard/Container Yard • Professional Logistics Consultancy.

CEVA LOGISTICS LLC The Company Incorporated in 1982, through a Joint Venture between Waleed Associates LLC and Circle International Inc., USA.

The Company’s Product lines are freight forwarding, project forwarding, international household goods removals, intra-gulf trucking, customs brokerage and logistics services. GARNET SHIPPING COMPANY Garnet Shipping Bahamas Limited is a joint venture with Gulf Energy Maritime (GEM) PJSC of Dubai that was established in 2005. Garnet owns two medium range (MR) chemical tankers and manages the chartering of these vessels to Oman Methanol Company LLC. The company has carried methanol and a variety of other clean petrochemicals on voyages encompassing ranges from the Far East to South America, with a reputation for highly reliable carriage of products and excellent standards of professional ship management. GULF ENERGY MARITIME (GEM) PJSC Garnet Shipping Bahamas Limited is a joint venture with Gulf Energy Maritime (GEM) PJSC of Dubai that was established in 2005. Garnet owns two Medium Range (MR) chemical tankers and manages the chartering of these vessels to Oman Methanol Company LLC. The Company has carried methanol and a variety of other clean petrochemicals on voyages encompassing ranges from the Far East to South America, with a reputation for highly reliable carriage of product and excellent standards of professional ship management. Investments in Medium Range (MR) chemical tankers, with ownership of vessels and managing charters for the same.

HSBC BANK OMAN SAOG. One of the most prominent banks in the country, HSBC Bank Oman has been a part of Oman’s development since its inception. The bank provides Retail and Corporate banking services through a wide range of products to serve all sections of society. HSBC Bank Oman has over 80 branches across the Sultanate of Oman. INTERNATIONAL TECHNOLOGY & COMMUNICATION LLC Established in 2009, the Company is engaged in providing software security solutions. Agency representation is another area of activity by which the Company represents reputed Principals worldwide. The Company is poised to set up a Data center/ Mass Data Storage. MAERSK SHIPPING SERVICES & COMPANY LLC The Company was established in 1999, through a Joint Venture between Reem Scientific & Energy Technologies & Trade LLC and Maersk West &Cantral Asia Ltd., Bermuda (A.P. Moller). The Company offers services across the globe with regular mother vessels calls at Salalah port, providing access to Europe, United States, Latin Americas, Far East, Australia, New Zealand, Indian Ocean Islands, East, West and South African markets. It caters to the market of perishable and foodstuffs and handles a wide variety of cargo. MEZOON TRAVEL LLC Established in 1975, Mezoon Travel LLC represents 10 renowned airlines as General Sales Agent (GSA) in the Sultanate of Oman. These are, Swiss, Lufthansa, Sri Lankan Airlines, Egypt Air, Royal Jordanian Airlines, Singapore Airlines, Middle East Airlines, Air Mauritius, and Go Air. It offers comprehensive travel management solutions through its various brands and sub-brands such as Mezoon International Travel & Tours LLC, Mezoon Holidays, Mezoon Destination Management Services and Mezoon Cargo and Freight Forwarding Services. Mezoon Travel is the associate of Global Travel Management Company, BCD Travel for the Sultanate of Oman. It has a widespread distribution network and presence in all major gateway cities in the country. MUSCAT CONTRACT CLEANING MAINTENANCE & SERVICES LLC An ISO 9001:2015 Certified Company, established in 1986, MCCMS provides the whole gamut of Facilities Management Services under one roof. MCCMS, on the Soft Services side undertakes services such as One-off cleaning, Annual contract cleaning, Façade cleaning, Carpet shampooing & laying, Pest control services, Landscape maintenance services including indoor plant maintenance, Garbage and waste water disposal services. On the Hard FM Services, MCCMS can assist with AMC’s of air-conditioners, building maintenance services viz. Painting works, Tiling/re-tiling works including Interlocking pavers, Marble laying & Polishing work, Plumbing & Electrical works, Carpentry work including Dry wall partitions, Minor construction jobs, Chain link/Barbed wire fencing works, Small fabrication works including Car parking shades, Waterproofing of terrace/ toilets/kitchens, False ceiling jobs etc. The Company has in-house capabilities to undertake the above services, maximizing the value of the client’s property through active ‘hands on’ management techniques and experience while adhering to the highest standards in the industry. MUSCAT FINANCE SAOG Set up in 1987, the Company provides Leasing, Factoring, Working Capital and Project Financing, Hire-Purchase and Consumer Durable Financing as its spheres of operation. MUSCAT INSURANCE COMPANY SAOG Established in 2017, the Company offers a wide range of insurance plans under General and Life insurance. Commercial Insurance plans include Group Life Insurance (Employee Benefits), Group Medical Cover, Credit Life Assurance (for bank borrowers) and International Medical Insurance. The Company also offers a complete range of standard and bespoke non-life insurance products customized for individuals such as Motor, Home, Domestic Workers, Personal Accident, Travel, Boat & Yacht Insurance policies and for corporates such as Motor, Property, Marine, Liability, Engineering, & Contracting and Accident insurance policies. OMAN METHANOL HOLDING COMPANY LLC Established in 2003, the Company is involved in activities related to investment in methanol and related business. OMAN SEA PETRO SERVICES LLC Oman Sea Petro Services LLC (OSPS), a Joint Venture Company set up in 2010, provides services of mud logging and mud engineering including geologists and mud loggers to the oil & gas industry in Oman. The Company also supplies mud logging units, mud chemicals, oilfield tubulars and other equipment. OMAN TEXTILE HOLDING CO. SAOC Set up in 1988, the Company is a holding company of two fully owned subsidiary companies - Oman Textile Mills Company LLC and Oman Textile Trading Company LLC. PERSONAL REAL ESTATE DEPARTMENT A real estate division handling leasing and maintenance of properties owned by H.E. Dr. Omar Zawawi. Its activities include construction & acquisition of residential, commercial & industrial properties and leasing to the Omzest Group of Companies, their principals and outsiders. Established in 1975, it is one of the oldest divisions of Omzest. REES OIL & GAS SERVICES LLC Established in 1996, the Company caters to upstream and downstream services in the Oil & Gas industry as well as oilfield products, chemicals and equipment supplies, representation of international companies in Oman. It has a joint venture with

BGP International China (Subsidiary of CNPC China), called BGP Oil & Gas Services LLC, to carry out seismic acquisitions, both onshore and offshore, and data processing. Geological services, H2S Safety services, Hot tapping, Internals for Pressure vessels, storage terminal equipment, drilling services are handled by the Company. RIYAM COMPUTER SERVICES LLC Established in 1995, the Company is a leading turnkey IT solutions provider of VAT compliant ERP, Document Management System, IT/Network Security and Mobile applications covering Oil & Gas, Banking, Manufacturing, Trading, Pharmaceutical and Government Organizations. The Company handles large projects from business planning to complete implementation providing IT consulting services. The Company also provide consultancy, implementation and product enhancement services for SAP/ORACLE based solutions.

SIEMENS LLC, OMAN Siemens LLC, a Joint Venture between Waleed Associates LLC and Siemens International Holding B.V. Netherlands set up in 2006, is the leading infrastructure solutions provider with a focus on power, transportation and building technology. Not only has Siemens provided the technology behind many of country’s key infrastructure projects, the Company also continuously strengthens the long-term commitment to the Sultanate with its investment in education as well as involvement in corporate social responsibility projects. TRANSWORLD ASSOCIATES, PAKISTAN Provides broadband high-speed telecom interconnectivity between Pakistan, Middle East and the rest of the world using submarine and other cable links. WALEED CATERING & SERVICES COMPANY LLC Established in 1982, the Company is a joint venture between Waleed Associates and Newrest Group, which is a world class leader in the catering industry. This perfect blend of international and local expertise has positioned Newrest Wacasco to be one of the largest Industrial Catering and Services Company that serves an impressive client portfolio of companies. Newrest Wacasco also provides remote catering, housekeeping, cleaning, laundry, preventive maintenance, guest house management, retail solutions, camp provisions and ship chandling. YUSUF BIN AHMED KANOO & COMPANY Set up in 1975, the Company acts as shipping Agents; Freight Forwarders; Suppliers & Service Providers to Oil & Gas Industry and, Household Packers & Removals. ZAWAWI BUSINESS DEVELOPMENT COMPANY LLC Established in 2005, the Company supplies a wide range of Engineered equipment and services to the Oil & Gas industry, marine and utility related projects. Mainly specialized in Mechanical equipment (Static & rotating) representing some of the world renowned brands in the industry.

CONSTRUCTION & CONTRACTING

NATIONAL TELEPHONE SERVICES COMPANY LLC Established in 1980, the Company is one of the largest diversified private enterprises and is a market leader in the field of communications in the country. NTS has today grown to the position of being one of the important private enterprises in the field of communications in the Sultanate of Oman with five operating divisions under its umbrella. The Company undertakes Turnkey Telecommunication projects and services. In addition, it offers Networking & Software solutions, Data Centre, Building Management Solutions, IP Telephony & Unified Communication Solutions, Managed Services, Fire alarm & Security systems. The company has also diversified in providing integrated software solutions for Telecom operators, Government and private customers. The Company played a crucial role in building the country’s telecom network as a major infrastructure and solution provider for telecom operators. It has worked very closely with Private Enterprises and Government Institutions in implementing the above products and solutions for building required infrastructure for them. The Company operates through its five divisions, comprising Comsec Division, Infotech Division, Data Services Division, Projects Division and Software & Services Division. OMAN NATIONAL ENGINEERING & INVESTMENT CO. SAOG Established in 1978, formerly Oman National Electric Co., the Company repositioned itself in the diverse competitive global business scenario and rechristened itself as Oman National Engineering and Investment Co. (SAOG). OMZEST have a 26.167% stake in the company. During the last 32 years, the Company has made successful forays into power, water and utility sectors in Oman. The Company has delivered projects on time and reached out to Omani nationals, through the company’s core activities of power, water and utilities. Since inception, the Company has registered steady growth backed by committed shareholders, professional management with dynamism and dedicated professional staff exceeding 2900.

TRAINING & EDUCATION

WALJAT COLLEGE OF APPLIED SCIENCES Incorporated in 2001, Waljat College of Applied Sciences, Muscat was established in the year 2001 in academic partnership with Birla Institute of Technology, Ranchi, India. The College presently offers Bachelor of Engineering programmes in Biotechnology, Chemical, Computer Science and Electronics and Communication, Bachelor of Computer Applications, Bachelor of Business Administration at graduate level and Master of Business Administration and Executive MBA programs at post-graduate level. Approximately 4000 students have so far graduated with Degree, Advanced Diploma and Diploma certificates and are serving with distinction in government and private sectors. Many of them have made a mark as entrepreneur within and outside the country.