Oman International Development and Investment Co SAOG 2024 AR2
The report highlights Ominvest's financial and operational performance for the fiscal year 2024, during which the company recorded a net profit of OMR 37.16 million and a return on equity of 18.25%. Key strategic achievements included securing a USD 500 million facility to accelerate growth, completing strategic divestments yielding OMR 51 million, and partnering with Dreamlab Technologies to enhance cybersecurity capabilities. On the sustainability front, Ominvest conducted its first double materiality assessment, refined its ESG KPI framework, and integrated ESG principles into its investment processes. Additionally, the company continued its community support by allocating 20% of its CSR budget to the Oman Charitable Organisation and partnering with Injaz Oman to empower youth.
Company: Oman International Development and Investment Co SAOG
Sector: Financials
Country: Oman
Year: 2024
Type: AR2
Pages: 137
Oman International Development and Investment Co SAOG
Annual Report
The report highlights Ominvest's financial and operational performance for the fiscal year 2024, during which the company recorded a net profit of OMR 37.16 million and a return on equity of 18.25%. Key strategic achievements included securing a USD 500 million facility to accelerate growth, completing strategic divestments yielding OMR 51 million, and partnering with Dreamlab Technologies to enhance cybersecurity capabilities. On the sustainability front, Ominvest conducted its first double materiality assessment, refined its ESG KPI framework, and integrated ESG principles into its investment processes. Additionally, the company continued its community support by allocating 20% of its CSR budget to the Oman Charitable Organisation and partnering with Injaz Oman to empower youth.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board