MB Holding manages its own investment portfolio comprising equity, funds, debt instruments, private equity, structured products and other money market instruments in Oman as well as in international markets. Besides investments in its subsidiaries that are in the company’s core business, MB Holding has investments in other companies which complement its core business. It has also invested in non-core businesses primarily for investment purposes. These investments are held either directly or through its affiliates. MB Holding has its own in-house investment team and has also established relationships with leading investment banks that provide regular support and advice for international investments.
MB Holding owns 15.2% of Ahli Bank Oman. Ahli Bank is a fast growing leading commercial bank in Oman and listed on Muscat Securities Market (MSM). MB Holding has representation on the Board of Directors of Ahli Bank.
In 2005, MB Holding made an investment in Risk Management Services LLC Oman (RMS) and owns 33.3% shareholding in it. RMS is a leading insurance consulting and brokerage company in Oman and holds a major share in the Oman market. The company has a consistent track record of profitability and dividend payment. It has significantly grown since MB came as a shareholder and now also has presence in Sri Lanka, India and Pakistan.
MB Holding is a founding shareholder in Al Madina Insurance Co. SAOG, launched in Oman in 2005, inwhich it currently holds a 25.86% stake in the equity. The Company commenced operations in September 2006 and offers an entire range of insurance services in Oman including general insurance (motor, marine, fire, engineering, accidents, money, personal), medical insurance and life (Takaful) insurance.
In 2012, MB Holding through its subsidiary Mawarid Mining invested in Nautilus Minerals, a
Company listed on Toronto Stock Exchange (TSX) and engaged in development of seafloor
mineral deposits in PNG, Tonga, Fiji, Solomon Island and Central pacific region. Currently MB
owns 27.96% of Nautilus Minerals.
In addition, MB Holding holds minor stakes in other listed and non-listed companies such as Al
Madina Financial Services SAOC (11.94%), Oman Chromite SAOG (13.67%), Flexible Industrial Packaging Company SAOG (45.88%), National Mass Housing SAOC (5.00%), Al Madina Real
Estate SAOC (2.00%) and Nizwa Bank SAOG (1.33%).
MB Holding through its affiliate company owns 60.56% of Ubar Hotels SAOG (earlier known
as Interior Hotels Co. SAOG) which owns two operating hotels in Oman (Golden Tulip Nizwa
and Park Inn-Muscat). Ubar Hotels is listed on MSM. The major investments of MB Group also
include a 52.79% stake in Biogenomics Ltd. India, an innovation led biotechnological company
in the business of research, development and marketing of APIs, Bigeneric and DNA based