Leadership guiding Dhofar International Development Investment Company SAOG
Board of Directors
Sheikh Khalid Mustahail Al Mashani
Chairman
Tariq Abdulhafidh Al Aujaili
Deputy Chairman
Dr. Hamad Salim Al Rawahi
Director
Sheikh Saud Mustahil Al Mashani
Director
Salim Abdullah Al Awadi
Director
Ahmed Mohamed Al Abri
Director
Sheikh Mohammed Abdullah Al Rawas
Director
Omar bin Ahmed Abdullah Al Shaikh
Director
Ali Mustafa Al Lawati
Director
Musallam Said Al Maashani
Director
Mohammed Abdallah Al Harthi
Director
Chairman's Message
A New Era of Investment Excellence
Dhofar International Development & Investment Company SAOG (DIDIC) has entered a transformative chapter in its storied 45-year history. Our landmark merger with Oman Investment & Finance Company SAOG (OIFC), effective July 1, 2025, served as a fundamental catalyst for evolution, moving our organization from a traditional holding company to one of the Sultanate’s largest and most diversified investment powerhouses. As a result, we have emerged as a unified entity dedicated to strategic capital deployment and the pioneering of Oman’s digital future.
Beyond the Integration: Our Vision for the Future
While the immediate success of our integration is evident in our robust balance sheet—now exceeding 570 million in total assets—our true objective lies in the “Digital Pivot”. We are not merely managing a merger; we are architecting a new era of “Active Portfolio Optimization”. By bridging our industrial stability with technological innovation, we are ensuring that Dhofar Invest remains the premier choice for shareholders seeking growth, resilience, and a definitive path toward Oman Vision 2040.
The Omni-Channel Strategic Advantage
Our competitive strength lies in a unique, integrated service and digital ecosystem—a powerful synergy between our nationwide physical infrastructure and cutting-edge digital capabilities. With a trusted network of more than 60 branches and 55 strategically located bill payment machines across the Sultanate, we maintain a vital, daily connection with millions of customers. Simultaneously, our award-winning fintech platform, Khedmah Pay, acts as the high-speed gateway for the national digital economy, allowing us to leverage stable operational cash flows to capture high-growth innovation.
Disciplined Capital Allocation
Our roadmap is defined by Active Portfolio Optimization. We are executing a rigorous capital recycling framework—evaluating our current holdings to ensure every Rial is deployed for maximum capital efficiency. By redeploying resources from non-core legacy assets into high-potential, technology-driven sectors, we are building a resilient, future-proof balance sheet capable of delivering superior risk-adjusted returns.
Value Creation & National Alignment
We are deeply committed to sustainable shareholder value. Following a successful debt restructuring that secured more favorable financing terms, we are positioned to maintain a consistent and growing dividend policy to reward our investors’ trust. Furthermore, we remain a primary engine for Oman Vision 2040, demonstrated by our industry-leading 88% Omanization rate and our strategic investments in national food security, energy, and financial technology.
Our Commitment to the Future
As we embark on this ambitious new chapter, the company remains steadfast in its role as a primary catalyst for the Sultanate’s economic advancement. We are moving beyond the traditional management of a portfolio to the active construction of a robust investment ecosystem—one that champions financial and digital innovation as a sustainable path toward Oman’s future. Our commitment is a mandate to bridge the delivery of superior shareholder value with our national responsibility, ensuring we lead the Sultanate into a new era of digital excellence and long-term prosperity.
Khalid Mustahail Al Mashani
Chairman
On behalf of the Board of Directors, I extend our deepest allegiance and gratitude to His Majesty Sultan Haitham bin Tarik for his wise leadership and vision, which continues to guide our country to new heights of prosperity.
Our progress is a testament to the enduring trust of our shareholders and the invaluable guidance of our regulators—the Financial Services Authority, the Muscat Stock Exchange, and the Central Bank of Oman. We also extend our deepest gratitude to our dedicated team, whose commitment to operational excellence remains the bedrock of our success as we lead DIDIC into this new era.
Key Management Personnel
Said Ahmed Safrar
Chief Executive Officer
Ramez Amoudi
Deputy Chief Executive Officer
Saud Ahmed Al Siyabi
Chief Operating Officer
Vikas Pitti
Chief Financial Officer
Vishal Makwana
Chief Investment Officer
Mohamed Saif Al Toqi
Senior Manager People & Organisational Development