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Associate Companies

Bank Dhofar :

Bank Dhofar is one of the leading banks in the Sultanate of Oman. DIDIC is one of the promoters of this bank and has 24.38% shareholding of the share capital . The bank, then known as Bank Dhofar al Omani al Fransi, was incorporated in January 1990 and commenced operations with two branches, one in Muscat and the other in Salalah.BankDhofar currently has a nationwide network of 70 branches & 1 Corporate center ( 61 branches of BankDhofar & 10 Branches of Maisarah Islamic Banking services) and 121 ATMs and 55 CDMs and 14 FFMs across the length and breadth of the Sultanate. As one of the fastest growing financial services institution in the Sultanate, Bank Dhofar offer Corporate banking, Consumer banking, Treasury and Project Finance services - designed to meet the diverse needs of consumers, small and medium size businesses and mid-market companies in the region.

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Oman Investment & Finance :

OIFC is one of the leading Investment and Services Company and specialises in Billing, Collection & Debt Factoring for Electricity, Water and Telecom Services in the Sultanate of Oman over the last three decades, established in 1979.

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Dhofar Insurance :

Dhofar Insurance is registered as an Omani Public Joint Stock Company incorporated in the Sultanate of Oman on the 5th of September, 1989. DIDIC has 36.59% shareholding in the company and a founder member. The Company’s principal activity comprises of writing all classes of Insurance. The Company is in compliance with all the articles of code of corporate governance for joint stock companies through transparency, disclosure and participation. Dhofar Insurance has a network of 42 branches including 7 regional offices, covering different parts of Oman.

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Omani Vegetable Oils and Derivatives :

DIDIC and the other partners acquired this company through bid and refurbished the company's vegetable oil plant located in Raysut Industrial Region. Didic is having 30.77% of its investment. Since May 2005, the plant commenced commercial production, and currently a number of products manufactured by the plant are sold in the local as well as foreign markets. A variety of edible oil brands are widely available in the market under the popular names of Al Safa , A Saadah, Salalah , Taibah , Sahi , Bahjah, Diyah , Sunlife , & A’Safwah . In line with the corporate mission of the group, OVOD have been delivering nutritious and delicious cooking oils to the consumers – with the utmost interest in their health.

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Financial Services :

DIDIC formed Financial Services Company SAOG in 1989 to provide a variety of services to its clients in brokerage, investment in securities, portfolio and fund management. DIDIC owned 46.15% shareholding of its capital.

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Salalah Medical Supplies Manufacturing :

The company was formed in 1993 and started its commercial operations in 1998, with 100% shareholdings owned by Omani nationals. DIDIC shareholding is approximately 25% of the capital. The company manufactures medical consumables for hospitals. Salalah Medical Supplies produce and supply a wide range of medical devices and disposables to private and public sector hospitals in the Sultanate.

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