MUSCAT – A’Saffa Foods SAOG has sold its entire stake in A’Namaa Poultry Co. SAOC to Oman Food Investment Holding Company (Nitaj) for RO696,095, according to a disclosure filed with the Financial Services Authority and the Muscat Stock Exchange.
The company said it entered into a share sale agreement covering its full 6.470% stake in A’Namaa Poultry, representing its entire investment in the poultry producer.
Under the agreement, Nitaj acquired the shares for a total consideration of RO696,095. The transfer of ownership was completed on May 14, 2026, A’Saffa Foods said in the disclosure dated May 31.
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The transaction marks A’Saffa Foods’ exit from its investment in A’Namaa Poultry, one of Oman’s poultry sector companies. The company did not disclose the financial impact of the sale on its earnings or provide details on the intended use of the proceeds.
Nitaj, Oman Food Investment Holding Company, is a state-backed food investment entity focused on strengthening the Sultanate’s food security and developing strategic investments across the agriculture, livestock and food production sectors.
