An Oasis of Business Growth
The Sultanate of Oman, the oldest independent state in the Arab world and the second largest Gulf state, is a legendary nation known for the warm hospitality of its people.
Oman is rooted strongly in traditions and yet has its vision set for abundant development. The nation is one of the most progressive ones in the region and is poised for further growth by embracing modernism, all the while preserving and enriching its distinctive cultural heritage and traditions.
The nation is pioneered by Oman’s dynamic leader His Majesty Sultan Qaboos bin Said Al Said, who prioritizes the well-being and progress of the nation and its people above everything else. Under his experienced and able leadership, Oman has been transformed into one of the region’s fastest growing economies by spearheading several developmental projects, creating modern infrastructure, and yet simultaneously upholding the rich history and heritage of Oman.
Oman scores high when it comes to a favourable business climate among the emerging markets, according to the Agility Emerging Markets Logistics Index 2016 report. A member of the World Trade Organization since October 2000, the nation is undertaking several steps to modernize and diversify the economy, and become a more active player in the global marketplace. The oil sector is the major player which ‘fuels’ the growth of the Omani economy. The nation’s state of the art industries are diversifying, with the share of non-oil sector in the economy also increasing substantially. Entrepreneurship is also encouraged, with more and more Omanis testing entrepreneurial waters as necessitated by the changing dynamics of the ever-evolving times across the globe.
Business with Assarain
The Assarain Group of Companies, a part of Said Salem Al Wahaibi (SSW) Group of Companies, is a renowned industrial conglomerate, trading and investment group centred in the Sultanate of Oman. With the Group’s headquarters in Muscat, we are a multi-million-dollar international organization and have entered into strategic collaborations with many other global leading companies such as Cluttons.
The Body Shop International and the Alserkal Group among others. The number of diversified business entities that we efficiently manage, across a wide spectrum of industries which range from construction, oil & gas, national infrastructure projects, consumer products, food distribution, travel, insurance, as well as the health care sector has enabled us to build a robust reputation across many industrial sectors.
Why do business with Assarain?
Over the last four decades, at Assarain we have gained the goodwill and the respect of the Omani and international business community on account of our superior products and services, professional and ethical means of dealing, financial strength and stability. Some more decisive factors for doing business with Assarain are:
As with any industry leader, quality continues to be the hallmark of all of our associated operations and we stand true to our motto ‘Trust is our Capital’.
At Assarain, we recognize the importance of embracing change as we strive for growth. More than ever, innovation continues to be a key priority for our operations as we continuously seek to raise the bar in product quality and service.
With regard to the quality of the products and services we offer, we have always strived to be a top-tier organization with a robust focus on setting new benchmarks.
Our superior products and services have ensured that we have been awarded ISO certifications for most of our business entities.
Our expertise and familiarity with the localized macro- environment empowers us to anticipate and fulfil the requirements and preferences of our valued Omani customers.
The Assarain Group warmly welcomes you to the Investor Relations section and would like to thank you for your interest in our company. This section is especially tailored for institutional investors and financial analysts, we hope that the resources and the dissemination of information here would encourage prospective investors to explore opportunities to engage with our plethora of businesses.
Group of companies
Years of Experience
We are a multi-million-dollar, well-established and renowned industrial conglomerate in the Sultanate of Oman. We have a strong portfolio of brands and a number of diversified business entities across a wide spectrum of industries which range from Construction, National Infrastructure projects, Consumer products, Food Distribution, Travel and Tourism, Hospitality, Information Technology, Insurance, as well as the Healthcare sector.
We are a regional leader with robust global collaborations that use our enterprise strength in technology and innovation to collectively generate consistent growth, high margins and high returns. Through our comprehensive array of superior products and services, we continue to reaffirm our commitment to serving our customers while delivering long-term value to our investors. Since our inception in the year 1975, we have been growing exponentially and we aspire to spearhead Oman’s economic progress, which is poised to emerge as an enhanced, diversified, robust and exciting arena for commerce and industry.
The Ninth Five Year Plan for the Sultanate of Oman reflects judicious and representative objectives in its commitment towards the advancement of the nation.
Five promising sectors have been identified for economic diversification: Manufacturing, Transportation and Logistics, Tourism, Fisheries and Mining. The nation is currently focussed on elevating competitiveness and fostering a fertile environment for investment in the targeted segments. Investment opportunities in mega projects, either independently or in partnership with the government are emerging and at Assarain, we welcome you to connect with us to evaluate collaborative prospects.