Al Anwar Holdings SAOG (AAH) was promoted and established in the year 1994 by a group of prominent business families in Oman with a prime objective to contribute in industrial development of Sultanate of Oman. With the blessings of His Majesty Sultan Qaboos, the company has been instrumental in pioneering industrial development in Oman in sectors such as Ceramic Tiles, Aluminium Profiles, Investment Castings, Stationery, Transformers & Switch gears, Paints and Glass. The company has promoted and nurtured many industries during its existence of last fifteen years. To name a few they are:
National Aluminium Products SAOG | Voltamp Energy SAOG (formerly known as Voltamp Manufacturing Co.LLC ) |
Majan Glass Company SAOG | Sun Packaging Company LLC |
Computer Stationery Industry SAOG | Oman Abrasive Company LLC |
Al Anwar Ceramic Tiles Co. SAOG | Oman Drilling & Mud Products LLC |
Al Anwar Blank Company SAOC | Sadolin Paints Company LLC |
Taageer Finance Company SAOG | Falcon Insurance company SAOC |
In the year 2005-06 the company reviewed its investment strategy and identified the Financial Services Sector as its core focus areas with interest in Energy. The company made a conscious decision to diversify in these sectors with an objective to improve shareholders value. Further, in order to take advantage of emerging economies and also for the reasons of diversification of risks, it decided for geographical dispersion. Since this decision, the company has made various investments in and outside of Oman.
Al Anwar’s actions are governed by following objectives:
- Maximise the return on its investments through suitable entry and exit strategies
- Achieve proper diversification of its investment portfolio
- Provide regular and reasonable return to its shareholders
- Maximise shareholders value
- Seek new investment opportunities in Oman and the GCC region in various key sectors of the economy,
- primarily in financial service energy sector
- Geographical dispersion for risk diversification and for taking advantage of emerging markets