MUSCAT : Oman International Development and Investment Company SAOG (Ominvest) has approved the sale of its 80% equity stake in Jabreen Investment Ventures SAOC, along with certain international investments, to a strategic investor, the company said in a disclosure.
The decision was taken at a Board of Directors meeting held on February 18, 2026, according to the statement.
Ominvest said the transaction is expected to generate net cash proceeds of approximately RO 134 million ($348 million) and deliver an estimated profit of around RO 17 million.
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The company added that the sale remains subject to the receipt of all required regulatory and other applicable approvals, as well as the finalisation and execution of definitive transaction documentation, including a Sale Purchase Agreement with the strategic investor.
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