Investor Signals

Oman

# Actual Signal Date Investing Company Parent Company Revenue ( USD m) Employees Source country Source State Source City Destination Region(s) Destination Country(s) Industry Sector(s) Industry Cluster(s) Industry Activity(s) Description Signals Data source Contact name (1) Position (1) Email (1) Telephone (1) Contact name (2) Position (2) Email (2) Telephone (2) Contact name (3) Position (3) Email (3) Telephone (3)
1 Dec 2018 Suez Suez 17064.82 82540 France Ile-de-France Paris   Oman Business services Environmental Technology   France-based SUEZ, a water and waste management company, has announced
plans to explore investment opportunities in the Special Economic Zone
of Duqm, Oman. The company has created the French Business Syndicate in
collaboration with CMA CGM, Fives and EDF Renewables with the goal of
assessing various investment possibilities.
New Investment Strategy https://www.arabianbusiness.com/banking-finance/409063-french-majors-eye-oman-economic-zone-for-investment                        
2 Dec 2018 Fives (Fives Lille) Fives (Fives Lille) 24.1 8700 France Ile-de-France Paris   Oman Industrial equipment Industrial   France-based Fives, an industrial engineering group, has announced plans
to explore investment opportunities in the Special Economic Zone of
Duqm, Oman. The company has created the French Business Syndicate in
collaboration with CMA CGM, EDF Renewables and SUEZ with the goal of
assessing various investment possibilities.
New Investment Strategy https://www.arabianbusiness.com/banking-finance/409063-french-majors-eye-oman-economic-zone-for-investment                        
3 Dec 2018 EDF Energies Nouvelles (EN) Electricite de France (EDF) 77546.64 152033 France Ile-de-France Paris   Oman Renewable energy Environmental Technology   EDF Energies Nouvelles, a subsidiary of France-based EDF, has announced
plans to explore investment opportunities in the Special Economic Zone
of Duqm, Oman. The company has created the French Business Syndicate in
collaboration with CMA CGM, FIVES and SUEZ with the goal of assessing
various investment possibilities.
New Investment Strategy https://www.arabianbusiness.com/banking-finance/409063-french-majors-eye-oman-economic-zone-for-investment                        
4 Dec 2018 CMA CGM CMA CGM 21120 20000 France Mediterranee Marseille   Oman Transportation Transportation, Warehousing & Storage   France-based CMA CGM, a global shipping provider, has announced plans to
explore investment opportunities in the Special Economic Zone of Duqm,
Oman. The company has created the French Business Syndicate in
collaboration with EDF Renewables, FIVES and SUEZ with the goal of
assessing various investment possibilities.
New Investment Strategy https://www.arabianbusiness.com/banking-finance/409063-french-majors-eye-oman-economic-zone-for-investment                        
5 Oct 2018 PropTiger Elara Technologies     Singapore Singapore Singapore   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Real estate|Software & IT services Professional Services   PropTiger, the operator of an online realty portal and a subsidiary of
Singapore-based Elara Technologies, plans to expand across the Gulf
Cooperation Council region and beyond by 2021. The company plans to
increase its revenues from non-resident Indian customers from 20% to 40%
by establishing its presence across geographies with a significant
Indian diaspora.
New Investment Strategy https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/proptiger-enters-global-property-brokerage-market-opens-office-in-dubai/articleshow/66412190.cms Dhruv Agarwala Chief Executive Officer     Bhaskar Bagchi Chief Business Officer, PropTiger            
6 Oct 2018 Indian Farmers Fertiliser Cooperative (IFFCO) Indian Farmers Fertiliser Cooperative (IFFCO) 2794.893 5943 India Delhi New Delhi   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Chemicals Food, Beverages & Tobacco Manufacturing India-based IFFCO, a manufacturer of fertilisers, is looking for joint
venture opportunities throughout the Gulf Cooperation Council region.
The company is also interested in expanding the capacity of its plant in
Sur, Oman and initiated a feasibility study for the project in early
2018.
Considering Project (New or Expansion)|New Investment Strategy https://www.muscatdaily.com/Archive/Business/Business-Interview-IFFCO-would-continue-to-look-for-expansion-opportunities-in-GCC-5bby Rakesh Kapur Joint Managing Director                    
7 Sep 2018 Imagismart Solutions (Xplorabox) Imagismart Solutions (Xplorabox)     India Uttar Pradesh Noida North America Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer products Consumer Goods   India-based Imagismart Solutions, which runs an educational subscription
activity box service for children, has raised an undisclosed amount of
funding in a round led by Z Nations Lab, Sridham Enterprises and
Metaform Ventures. The company stated that the funding would be used to
expand its services, including the launch of products to cater to higher
age categories, diversifying into curriculum-mapped products, and
tapping the overseas markets of North America and the Gulf Cooperation
Council region.
New Funding/Resources for Expansion https://inc42.com/buzz/exclusive-xplorabox-to-make-learning-childs-play-tap-overseas-markets-with-latest-funding/ Rishi Das Chief Executive Officer     Shweta Das Co-founder     Dhirendra Meena Chief Technology Officer    
8 Sep 2018 Eddie Rockets Eddie Rockets     Ireland Ireland Dublin Emerging Europe|Middle East|Western Europe Bahrain|Kuwait|Oman|Qatar|UAE Food & tobacco Food, Beverages & Tobacco|Retail Trade   Ireland-based Eddie Rockets, a fast food chain, has announced its plans
to expand overseas. The company plans to expand to the Middle East, with
a focus on Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates. It
is also eyeing further expansion into continental Europe.
New Investment Strategy https://www.hospitalityireland.com/eddie-rockets-plans-international-expansion/64883 Tobias Lukaschek Business Development Officer                    
9 Aug 2018 Rooter Rooter     India Delhi New Delhi   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Software & IT services Creative Industries   India-based Rooter, which operates a sports social gaming platform, has
raised Rs45m ($620,517) from a group of angel investors in a precursor
to a planned series A funding round. The fresh capital will help the
company get into markets including the Gulf Cooperation Council region
(Qatar, the United Arab Emirates, Saudi Arabia, Oman, Kuwait and
Bahrain). The company is also aiming for a series A funding round in
November 2018 for a global expansion.
New Funding/Resources for Expansion https://www.insidesport.co/rooter-eyeing-big-series-a-funding-raises-%E2%82%B94-5-crore-in-precursor-et/ Piyush Kumar Chief Executive Officer piyush@rooter.io                  
10 Apr 2018 Emaar Hospitality Emaar Properties 5830   UAE Dubai Dubai Africa|Emerging Europe|Western Europe Oman Hotels & tourism Tourism Construction Emaar Hospitality, a subsidiary of United Arab Emirates-based Emaar
Properties, is planning to expand internationally. The company is eyeing
20 European cities for new hotels and has identified cities including
London, Paris, Rome and Munich as growth opportunities. The company will
soon announce its plans for sub-Saharan Africa and is exploring plans
for hotels in Muscat and Salalah in Oman. The expansion push will be a
combination of both managing and building hotels, with the majority of
projects skewed towards management.
Considering Project (New or Expansion)|New Investment Strategy https://www.thenational.ae/business/travel-and-tourism/emaar-hospitality-eyes-expansion-into-20-european-cities-ceo-says-1.723824 Olivier Harnisch Chief Executive Officer, Emaar Hospitality                    
11 Apr 2018 MadfooatCom MadfooatCom     Jordan Amman Amman Africa|Middle East Oman|Palestine Software & IT services Financial Services   Jordan-based MadfooatCom, an e-payments startup, has raised $2.3m in a
series B bridge funding round from the Arab Palestinian Investment
Company. The company will use the new financing to expand to Oman and
Palestine, as well as proceed with its series B financing round to
expand to more emerging markets in the MENA region.
New Funding/Resources for Expansion https://www.magnitt.com/news/jordan-based-startup-madfooatcom-closes-23mn-series-b-bridge-funding-round?platform=hootsuite                        
12 May 2017 Lokring Technology Lokring Technology 35.64   United States Ohio Willoughby (OH)   Bahrain|Oman|Qatar|Saudi Arabia|UAE Metals Industrial   Lokring Northern (UK), a manufacturer of fluid and gas transfer
connectors and a service unit of US-based Lokring Technology, is
planning expansion in the Middle East. The company is planning to focus
primarily on Bahrain, Qatar, Saudi Arabia, Oman and the United Arab
Emirates. It hopes to capitalise on opportunities in the oil and gas,
refinery and shipbuilding industries with a view to providing a
permanent presence by November 2018.
New Investment Strategy   Ross Millar Managing Director (UK) rmillar@lokring.com +441224878877                
13 Mar 2017 Lukoil Lukoil 102955.38 110000 Russia Central Federal District Moscow   Kuwait|Oman Coal, oil & gas Energy Extraction|Manufacturing Russia-based energy conglomerate Lukoil is to further expand its
operations in the Middle East. The company is looking at opportunities
in Oman and Kuwait.
Considering Project (New or Expansion)   Gati Al Jebouri Vice President (Middle East)                    
14 Jan 2016 Ningxia SRP Group Ningxia SRP Group     China Ningxia Not Specified   Jordan|Oman Business services Professional Services Business Services China-based Ningxia SRP Group is considering establishing trade
promotion centres in Jordan and Oman. The firm is building exhibition,
consultation and after-sales service facilities in the Jebel Ali Free
Zone, Dubai to promote Chinese made products in the Middle East.
Considering Project (New or Expansion)   Li Zheng Director                    
15 Aug 2015 Langham Hospitality Group Great Eagle 1300 6670 Hong Kong Hong Kong Hong Kong   Bahrain|Lebanon|Oman|Qatar|Saudi Arabia|UAE Hotels & tourism Tourism Construction Langham Hospitality Group, a subsidiary of Hong Kong-based Great Eagle,
is eyeing further international expansion. The company is considering
opening a property in Abu Dhabi, United Arab Emirates as part of a
region-wide push that is also targeting Oman, Qatar, Saudi Arabia,
Bahrain and Lebanon.
Considering Project (New or Expansion)                          
16 Jul 2015 Mondelez International Mondelez International 25896 90000 United States Illinois Deerfield (IL)   Bahrain|Kuwait|Oman|Pakistan|Qatar|Saudi Arabia|UAE Food & tobacco Food, Beverages & Tobacco   US-based snack food company Mondelez International plans to embark on
the next phase of growth of its Gulf Cooperation Council and Pakistan
business. The company has appointed a new leadership team to bring a
wide-range of expertise to its brands, innovation platforms, routes to
market and supply chain, so that it can accelerate revenue growth as
consumer demand in the region continues to grow.
New Investment Strategy   Andre Benoit Director (Eastern Europe, Middle East and Africa), Corporate and
Government Affairs
                   
17 May 2015 Iran Khodro Industrial Group (IKCO) Iran Khodro Industrial Group (IKCO)     Iran Tehran Tehran   Oman Automotive OEM Transport Equipment Manufacturing Iran-based Iran Khodro Industrial Group, an automobile manufacturer, is
considering establishing a production facility in Oman. The proposed
plant would support domestic demand and be dependent upon the on lifting
of mercantile sanctions and a subsequent feasibility study.
Considering Project (New or Expansion)                          
18 Mar 2015 AkzoNobel AkzoNobel 15955.75 46000 Netherlands West-Nederland Amsterdam   Oman Chemicals Industrial|Wood, Apparel & Related Products   Netherlands-based AkzoNobel, a chemical producer, plans to expand its
activities in Oman. The company is exploring opportunities which will
allow it to offer wood coating and other protective coatings to
industries in the country.
New Investment Strategy   Peter Tomlinson Managing Director, Automotive and Specialty Coatings                    
19 Mar 2015 Grifols Grifols 5020.09 14737 Spain Catalonia Barcelona   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Healthcare Life sciences Business Services Spain-based Grifols, a global healthcare company, plans to open 15 new
diagnostic and plasma collection centres in the Middle East during 2015.
The company is considering a number of locations in the region including
the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia.
Considering Project (New or Expansion)                          
20 Dec 2013 Ozonegroup Ozonegroup     India Karnataka Bangalore   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Real estate Construction Sales, Marketing & Support India-based Ozonegroup, a real estate developer, plans to set up offices
in other Gulf Cooperation Council countries. The company has already
opened a new office in Dubai, United Arab Emirates.
Considering Project (New or Expansion)   K R Raghavan Vice-President, Sales and Marketing                    
21 Sep 2013 HCL Infosystems Middle East and Africa (MEA) HCL Group 7838 127875 India Uttar Pradesh Noida   Oman|Saudi Arabia Software & IT services ICT & Electronics   HCL Infosystems Middle East and Africa, a subsidiary of India-based HCL
Group is eyeing Oman as part of its strategy to penetrate the growing
GCC market. The IT systems integrator has expressed a specific desire to
penetrate Saudi Arabia also as part of its wider expansion strategy.
New Investment Strategy   Mohamed Faiaz Senior Manager, Business Development, HCL Infosystems Middle East and
Africa
                   
22 Aug 2013 Evalueserve Evalueserve 2.6   United States California Saratoga (CA)   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Business services Professional Services   US-based Evalueserve, a research and analytics specialist, plans to
expand its international footprint across the Gulf Co-operation Council.
The firm has recently opened a new office in Dubai, United Arab
Emirates.
New Investment Strategy   Ashish Gupta Chief Operating Officer                    
23 Jun 2013 SPRET Retail SPRET Retail     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Consumer electronics|Consumer products Retail Trade Retail United Arab Emirates-based SPRET Retail, a diversified speciality
retailer, plans to expand its operations throughout the entire Gulf
Co-operation Council. The retailer, which operates eight separate
brands, is particularly focusing on a potential expansion into Oman by
2014.
Considering Project (New or Expansion)   Naseem Ahmad Director                    
24 May 2013 Hanco Hanco     Saudi Arabia Makkah Jeddah   Bahrain|Kuwait|Oman|Qatar|UAE Business services Retail Trade Retail Saudi Arabia-based car rental company, Hanco, has announced that it has
embarked upon a regional expansion strategy to increase its market share
within the Gulf Co-operation Council (GCC). The company recently opened
a new branch office in Dubai, United Arab Emirates and has indicated
that it will open five further branches throughout the GCC by the end of
2013.
Considering Project (New or Expansion)   Hamad Al-Sulaiman Chief Executive Officer                    
25 Mar 2013 Lals Group Lals Group     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Consumer products Retail Trade Retail United Arab Emirates-based Lals Group, the franchise owner of Japan
retailer Daiso, plans to open a further 50 new stores within the Gulf
Co-operation Council. The new stores are expected to be between 500 sq m
and 5000 sq m in size, with locations to target high footfall areas such
as shopping malls and street corners. The 50 new stores are expected to
be opened by 2016.
Considering Project (New or Expansion)   Jayant Ganwani Chief Executive Officer                    
26 Mar 2013 Amira Nature Foods Amira Nature Foods 413.78   UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Food & tobacco Food, Beverages & Tobacco   United Arab Emirates-based Amira Nature Foods, which processes,
distributes and markets speciality rice, is planning an aggressive
growth strategy for the Gulf Cooperation Council area, which includes
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
The company is focusing on organic growth, but has not ruled out the
possibility of acquisitions.
New Investment Strategy   Karan A Chanana Chairman                    
27 Jan 2013 Jumbo Electronics Jumbo Electronics     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar Consumer electronics Retail Trade Retail United Arab Emirates-based Jumbo Electronics plans to expand its
operations in the Gulf Corporation Council countries. The company will
execute a two-year expansion strategy by 2015, with an emphasis placed
on opening small-format retail stores. In particular, the retailer has
identified the growth potential in Bahrain, Oman, Kuwait and Qatar.
Considering Project (New or Expansion)   Vishesh Bhatia Chief Executive Officer                    
28 Nov 2012 Jarir Marketing Jarir Marketing     Saudi Arabia Riyadh Riyadh   Bahrain|Kuwait|Oman|Qatar|UAE Consumer products Retail Trade Retail Saudi Arabia-based stationer and bookshop Jarir Marketing, intends to
expand its number of stores in the Gulf Cooperation Council by around
70%. This will bring the company’s total number of stores to 55 as it
aims to double its sales revenue across the region by 2017. The retailer
has identified the area’s increasing population growth as a contributing
factor in the decision to expand.
Considering Project (New or Expansion)   Muhammad al-Agil Chairman                    
29 Oct 2012 Amlak Hotels & Tourism Amlak Hotels & Tourism     Jordan Amman Amman   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Hotels & tourism Tourism Construction Jordan-based Amlak Hotels & Tourism, the hotel management organisation
which specialises in Islamic Sharia compliant hotels, plans to open a
hotel in every Gulf Cooperation Council country, by 2017. The company is
considering introducing hotels in Kuwait, Bahrain and Qatar, while also
hoping to restart construction of a hotel and hotel apartments in Dubai,
United Arab Emirates. Amlak Hotels & Tourism currently has hotels
operating in Jordan and the UAE, with plans announced for hotels to be
constructed in Saudi Arabia and Oman.
New Investment Strategy   Naji Alia Chief Executive Officer                    
30 Oct 2012 Xodus Xodus 22.21   United Kingdom Scotland Aberdeen   Oman Business services Energy   UK-based energy consultancy, Xodus Group is eyeing expansion into Oman
due to the level of activity in the Middle East and the growing east
African market. The firm recently opened an office in Dubai, United Arab
Emirates.
New Investment Strategy   Colin Manson Chief Executive Officer                    
31 Aug 2012 Pasukhas Group Pasukhas Group 9.62   Malaysia Selangor Seri Kembangan   Bahrain|Indonesia|Kuwait|Oman|Qatar|Saudi Arabia|UAE Business services Professional Services   Malaysia-based Mechanical and electrical engineering services company
Pasukhas Group is planning to expand its operations presence in the Gulf
Co-operation Council countries of Bahrain, Kuwait, Oman, Qatar, Saudi
Arabia and the United Arab Emirates. The company is also in talks to
expand operations in Indonesia in order to capitalise on the country’s
aims to achieve self sufficient sugar supplies by 2014. In addition, it
has announced plans to seek to raise RM10.8m through a listing on the
ACE Market of Bursa Malaysia Securities.
Considering Project (New or Expansion)|New Investment Strategy   Teng Ah Kiong Managing Director                    
32 Aug 2012 Emirates National Oil (ENOC) Emirates National Oil (ENOC) 16415   UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Coal, oil & gas Retail Trade Retail United Arab Emirates-based oil and gas company Emirates National Oil
(ENOC) is looking to expand its service station network to other Gulf
Co-operation Council countries. The final decision on when and where
ENOC will open outlets has yet to be made, however.
Considering Project (New or Expansion)   Burhan Al Hashemi Managing Director (Retail)                    
33 Jul 2012 Al Habtoor Motors Al Habtoor Group     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Automotive OEM Transport Equipment Maintenance & Servicing Al Habtoor Motors, which engages in the distribution and repair of
automobiles and operates as a subsidiary of the United Arab
Emirates-based Al Habtoor Group, plans to open 40 car repair garages
across the Gulf Co-operation Council by 2015, under a new brand, Speed
Fit. The firm, which owns franchise rights for car brands such as
Mitsubishi, Bugatti, Bentley and McLaren, will open the first such
facilities in the UAE, before expanding to the wider region.
Considering Project (New or Expansion)   Karl Hamer Managing Director, Al Habtoor Motors                    
34 Jun 2012 MH Alshaya Co (Alshaya Retail) Alshaya     Kuwait Al-Kuwait Kuwait City   Bahrain|Oman|Qatar|Saudi Arabia|UAE Food & tobacco Retail Trade Retail MH Alshaya Co (Alshaya Retail), a subsidiary of Kuwait-based Alshaya,
has signed a franchise agreement with US-based bakery Sprinkles Cupcakes
to expand the cupcake brand across the Gulf Co-operation Council. The
company will open outlets across the region, with the first planned for
Kuwait in 2012.
Considering Project (New or Expansion)   Mohammed Alshaya Executive Chairman                    
35 Jun 2012 German Imaging Technologies German Imaging Technologies     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Business machines & equipment ICT & Electronics Sales, Marketing & Support United Arab Emirates-based German Imaging Technologies, which offers
environmentally-friendly toner cartridges and other printer-related
services, plans to open new offices in the Gulf Co-operation Council
region by the end of 2012. The move is part of the company’s expansion
plans, with new offices also opening across the UAE as well.
Considering Project (New or Expansion)   Dr Sassan Dieter Khatib-Shahidi Chief Executive Officer                    
36 May 2012 Odebrecht Odebrecht 46564   Brazil Bahia Salvador   Oman|Qatar Business services Construction   Odebrecht, a Brazilian conglomerate in the fields of engineering,
construction, chemicals and petrochemicals, is eyeing such markets as
Qatar and Oman. It already has an office in Abu Dhabi but closed an
office in Dubai during the downturn.
New Investment Strategy   Antonio Roberto Gavioli Director, Infrastructure Contracts                    
37 Apr 2012 M Energy M Energy     United Kingdom South East (UK) Not Specified   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Coal, oil & gas Energy Manufacturing UK-based M Energy has signed a joint venture with United Arab
Emirates-based Pan Gulf Capital to establish 10 scrap to energy
manufacturing facilities across the Gulf Co-operation Council by 2017.
The facilities will use plastic scrap and scrap tyres as the raw
material to produce oils, such as diesel, furnace and marine oils. The
companies will also generate enough electricity at the sites to run the
manufacturing facilities.
Considering Project (New or Expansion)   Miran Ellahee Chief Executive Officer                    
38 Mar 2012 Liwa Trading Enterprises Al Nasser Holdings 179.65   UAE Abu Dhabi Abu Dhabi   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Textiles Retail Trade Retail Liwa Trading Enterprises, the retail subsidiary of United Arab
Emirates-based conglomerate Al Nasser Holdings, plans to open 28 M&Co
outlets across the Gulf Co-operation Council, after signing a franchise
agreement with the UK-based fashion retailer. Four of the stores will
open in the UAE by the end of 2012, with another 24 planned for the
wider region.
Considering Project (New or Expansion)                          
39 Mar 2012 Global Group Global Group     Canada Ontario Toronto   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer products Consumer Goods Manufacturing The Canada-based Global Group, which manufactures and markets a range of
office furniture, is considering establishing a manufacturing facility
in the Gulf Co-operation Council region. Oman is one of the countries
being considered as a possible destination for the factory. Plans are
still at the preliminary stage, however.
Considering Project (New or Expansion)   Nathan Meyer Vice President (International), Sales                    
40 Feb 2012 Al Batha Group Al Batha Group     UAE Sharjah Sharjah   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Consumer electronics Retail Trade   Consumer electronics retailer E-City, which operates as part of the
United Arab Emirates-based Al Batha Group, plans to expand its
electronics retail concept to the other Gulf Co-operation Council
markets outside of the UAE. The company is seeking to enter the Saudi
Arabia, Kuwait, Qatar, Bahrain and Oman markets by 2017.
New Investment Strategy   Mueez Rahman Chief Operating Officer, E-City                    
41 Feb 2012 Apparel Group Apparel Group     UAE Dubai Dubai   Bahrain|India|Kuwait|Oman|Qatar|Saudi Arabia Textiles Retail Trade Retail The Apparel Group, a United Arab Emirates-based retail conglomerate,
plans to bring several new brands to the Gulf Co-operation Council and
India. The company is planning to open 120 to 130 fashion stores and 100
kidswear stores by 2017, as it plans to sign agreements with several,
mainly North American, brands.
Considering Project (New or Expansion)   Nilesh Ved Chairperson                    
42 Feb 2012 Bentley Motors Volkswagen 264737.32 664500 Germany Niedersachsen Wolfsburg   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Automotive OEM Transport Equipment Maintenance & Servicing Car manufacturer Bentley Motors, a subsidiary of Germany-based
Volkswagen, plans to invest $9.3m in the Gulf Co-operation Council
region by July 2012 to upgrade its showrooms and open two workshops. The
company is seeking to capitalise on growing car sales in the Middle
East.
Considering Project (New or Expansion)   Chris Buxton Regional Director (Middle East, Africa and India), Bentley Motors                    
43 Feb 2012 Dr Sulaiman Al-Habib Medical Group (HMG) Dr Sulaiman Al-Habib Medical Group (HMG)     Saudi Arabia Riyadh Riyadh   Bahrain|Kuwait|Oman|Qatar|UAE Healthcare Life sciences Construction Saudi Arabia-based healthcare provider Dr Sulaiman Al-Habib Medical
Group is considering building another four hospitals in the Gulf
Co-operation Council region, in addition to its current and planned
developments. The company operates seven medical centres in the region
and is in the process of constructing another four. It is seeking to
grow its business further in order to tap into the growing demand for
healthcare services in the GCC, with the hospitals likely to be located
outside of Saudi Arabia.
Considering Project (New or Expansion)   Farhan Qadeer General Manager                    
44 Jan 2012 Al-Homaizi Group Al-Homaizi Group     Kuwait Al-Kuwait Kuwait City   Bahrain|Egypt|Jordan|Lebanon|Oman|Qatar|Saudi Arabia Consumer products |Textiles Retail Trade Retail MultiTrend International (MTI), a member of Kuwait-based conglomerate
Al-Homaizi Group, is investigating the possibility of expanding its
Franklin & Marshall-branded franchise fashion stores in the Middle East
and north Africa. The company has opened stores in Kuwait and the United
Arab Emirates, and is examining the possibility of doing the same in
Qatar, Saudi Arabia, Lebanon, Jordan and Egypt. In addition MTI is
planning to open My Buy department stores across the Gulf Co-operation
Council region, after opening one such store in Dubai.
Considering Project (New or Expansion)   Maen Merheby Director, Retail, MultiTrend International                    
45 Jan 2012 HDFC Life Housing Development Finance (HDFC) 4541.54   India Maharashtra Mumbai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Financial services Financial Services   Insurance provider HDFC Life, a subsidiary of India-based Housing
Development Finance Corporation, plans to expand its business in the
Gulf Co-operation Council. The company opened an office in Dubai, the
United Arab Emirates, in October 2011 and plans to expand further in the
region. HDFC Life is seeking to offer its individual and group insurance
services to non-resident Indians in the region.
New Investment Strategy   Anup Rau Head, Sales and Distribution, HDFC Life                    
46 Jan 2012 Joyalukkas Joyalukkas 826.67   UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Financial services Financial Services Business Services United Arab Emirates-based Joyalukkas, which offers a range of services
including currency exchange, plans to open money exchange centres across
the Gulf Co-operation Council by the end of 2014. The company, which
operates five such branches in the UAE, plans to increase its network to
100, with openings also planned for India.
Considering Project (New or Expansion)   Joy Alukkas Chairman                    
47 Jan 2012 Alchemist Healthcare Healthcare MENA     UAE Abu Dhabi Abu Dhabi   Oman|Saudi Arabia Healthcare Life sciences   Alchemist Healthcare, a subsidiary of United Arab Emirates-based
Healthcare MENA, is looking to focus on Oman and Saudi Arabia in 2012.
Potential changes in insurance regulations in Oman are making it
attractive for the company. It is currently considering an investment
opportunity in Muscat and hopes to commence operations in the first
quarter of 2012. The Saudi Arabia market is a large potential market and
Alchemist Healthcare is keen to establish itself in the second quarter
of 2012.
Considering Project (New or Expansion)|New Investment Strategy                          
48 Jan 2012 MarkaVIP MarkaVIP     Jordan Amman Amman   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer products |Textiles Consumer Goods|Wood, Apparel & Related Products   Jordan-based MarkaVIP, an online private sales club selling apparel and
home decor products, has announced that it has secured $5m in Series A
funding which it will use to expand its current operations and marketing
activities. The company plans to expand in new markets across the Gulf
Co-operation Council. The financing was led by Silicon Valley venture
firm Lumia Capital with significant participation from New York-based
Invus Financial Advisors.
New Funding/Resources for Expansion   Ahmed Alkhatib Chief Executive Officer                    
49 Dec 2011 Al-Futtaim Travel Al-Futtaim Group     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Hotels & tourism Tourism   Al-Futtaim Travel, part of the United Arab Emirates-based diversified
business conglomerate the Al-Futtaim Group, will expand the tour
operator Thomas Cook’s brand in the Gulf Co-operation Council (GCC)
region. The company, which is the exclusive distributor of Thomas Cook
in the Middle East, will extend the brand’s coverage to strategic
locations across the GCC by 2014.
New Investment Strategy   Samantha Watson Manager, Marketing and Sales, Al-Futtaim Travel                    
50 Dec 2011 MSD Gulf Merck & Co 42446 69000 United States New Jersey Whitehouse (NJ)   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Pharmaceuticals Life sciences   MSD Gulf, a subsidiary of US-based pharmaceutical company Merck & Co,
plans to expand in the Gulf Co-operation Council region by 2016. The
company, which operates in the United Arab Emirates, Kuwait, Bahrain,
Qatar and Oman, sees strong growth potential in the UAE and other
pharmaceutical markets. It offers a range of drugs including Januvia,
which is used to treat diabetes.
New Investment Strategy   Andrew Miles Managing Director, MSD Gulf                    
51 Nov 2011 Elysian Investments Elysian Investments     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Real estate Professional Services Business Services United Arab Emirates-based Elysian Investments, a property investment
and brokerage firm, plans to open new offices in the Gulf Co-operation
Council region. The company already operates offices in Dubai and Abu
Dhabi and is seeking to expand in the region, which consists of Bahrain,
Kuwait, Oman, Qatar, Saudi Arabia and the UAE. It offers a range of
services, including due diligence of land and properties, mortgaging and
finance, property rental management and sales management.
Considering Project (New or Expansion)   Paul Preston Chief Executive Officer                    
52 Nov 2011 Saif Belhasa Group Saif Belhasa Group     UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Textiles Retail Trade Retail The United Arab Emirates-based conglomerate Saif Belhasa Group plans to
open five "I Love Fashion" stores in the Gulf Co-operation Council
region in 2012. The company signed a franchise agreement with
France-based Fashion TV to open the fashion retail outlets. The company
has opened an outlet in Dubai and will open one in Abu Dhabi but it
plans to roll out the brand across the wider region which consists of
Bahrain, Kuwait, Oman, Qatar and Saudi Arabia.
Considering Project (New or Expansion)   Saif Ahmed Belhasa Chairperson                    
53 Nov 2011 Fortis Swiss Watches Fortis Swiss Watches     Switzerland Switzerland Not Specified   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer products Retail Trade Retail Switzerland-based watch manufacturer Fortis Uhren is examining the
possibility of establishing boutiques across the Gulf Co-operation
Council region. The outlets would stock the brand’s various models and
act as a one-stop shop for the company’s products.
Considering Project (New or Expansion)   Mahesh Shahani Director (Middle East), Brand                    
54 Nov 2011 OptumHealth UnitedHealth Group 184840   United States Minnesota Minnetonka (MN)   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Healthcare|Pharmaceuticals|Software & IT services Life sciences   OptumHealth, a health and wellness company, plans to invest in the Gulf
Co-operation Council region. The company recently signed a joint venture
agreement with United Arab Emirates-based Lifeline Hospital Group to
help it improve its billing and collections processes. It will further
expand in the region, in areas such as health IT, wellness and
pharmaceuticals. OptumHealth will focus on the GCC countries; Bahrain,
Kuwait, Oman, Qatar, Saudi Arabia and the UAE.
New Investment Strategy   Warren Guillett Chief Executive Officer (Middle East), OptumHealth                    
55 Oct 2011 Ascott Group CapitaLand 3456.91 8480 Singapore Singapore Singapore   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Real estate Construction   Ascott Group, a serviced residence business unit of Singapore-based
CapitaLand, has expanded into a new country, Oman, by securing a
management contract for a 220-unit serviced residence in Muscat. The
serviced residence is scheduled to open in 2014. It is the first
international serviced residence operator in Oman. Its growth strategy
for the Gulf region is to build economies of scale by securing more
management contracts. It will continue to expand its presence in
Bahrain, Oman, Qatar and United Arab Emirates, as well as look for
opportunities in Kuwait and Saudi Arabia.
New Investment Strategy|New Overseas Supplier Contracts   Lim Ming Yan Chief Executive Officer                    
56 Oct 2011 Bahrain National Insurance Bahrain National Holding 42.1   Bahrain Bahrain Manama (Al-Manamah)   Kuwait|Oman|Saudi Arabia|UAE Financial services Financial Services   Bahrain National Insurance, a provider of general insurance products,
has announced plans to branch out into other Gulf Cooperation Council
countries, including Kuwait, Oman, Saudi Arabia and the United Arab
Emirates. The company has recently been granted a license to operate in
Qatar.
New Investment Strategy   Joseph Rizzo General Manager, Bahrain National Insurance                    
57 Oct 2011 Tim Hortons Tim Hortons 2536   Canada Ontario Oakville   Bahrain|Kuwait|Oman|Qatar|UAE|United States Food & tobacco Food, Beverages & Tobacco|Retail Trade   Canada-based Tim Hortons, a coffee and doughnut chain, is to expand in
the Middle East. Its franchise partner Apparel Group is set to open 120
new stores by 2016. It will open the new stores in the United Arab
Emirates, Qatar, Bahrain, Kuwait and Oman. Apart from this announced
international expansion, Tim Hortons is planning to keep its
international efforts focused on the US market.
New Investment Strategy   Paul House Chief Executive Officer                    
58 Oct 2011 Canara Bank Canara Bank 6485.42   India Karnataka Bangalore   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Financial services Financial Services   India-based Canara Bank has announced that it to target the Gulf
Co-operation Council region, comprising Qatar, Bahrain, Kuwait, United
Arab Emirates, Saudi Arabia and Oman. The company plans to target the
region from its new established branch office in Bahrain. The bank plans
to serve Indian operations in the region.
New Investment Strategy                          
59 Sep 2011 Larsen & Toubro (L&T) Larsen & Toubro (L&T) 18000   India Maharashtra Mumbai   Oman Coal, oil & gas Energy Construction India-based Larsen & Toubro (L&T) Hydrocarbon, a division of L&T, has
received a major breakthrough in the Gulf Cooperation Council (GCC)
after winning a project order valued at approximately Rs7000m ($150m)
from the Petroleum Development Oman. The order is for setting up a green
field project planned to treat an average 3 million standard cubic feet
per day of gas. With significant growth potential in the natural gas
market in the GCC region, this order is strategic.
New Overseas Supplier Contracts                          
60 Sep 2011 LIC International Life Insurance Corporation (LIC) 38399.18   India Maharashtra Mumbai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|Thailand|UAE|Uganda|United States Financial services Financial Services   Insurance company LIC International, a subsidiary of India-based Life
Insurance Corporation, is looking to expand its coverage across Bahrain
and the GCC countries by expanding its partner sales network. It is also
planning to expand operations to the US, Uganda, and Thailand.
New Investment Strategy   D.K. Mehrotra Managing Director                    
61 Sep 2011 Casino Casino 43824.3 329600 France Centre-Est (FR) Saint-Etienne   Oman|Qatar Food & tobacco Food, Beverages & Tobacco|Retail Trade   France-based grocery retailer, Casino, plans to enter the markets of
Oman and Qatar. The company also plans to open around 30 hypermarkets
and five smaller stores in Bahrain, the United Arab Emirates and Kuwait
by the end of 2014. It operates its stores under the brand names of
Casino, Franprix and Monoprix, among others.
New Investment Strategy                          
62 Jun 2011 Power Grid Corporation of India Limited (PGCIL) Power Grid Corporation of India Limited (PGCIL) 439527   India Delhi New Delhi   Kenya|Oman|Saudi Arabia|UAE Business services Energy Business Services India-based central transmission utility company, Power Grid has
announced that it is keen to pick up equity in projects overseas and may
open offices in Oman, United Arab Emirates, in Dubai or Kenya. The new
Middle East office will enhance the company’s presence and exposure in
the international market, and the company is looking at opportunities in
Saudi Arabia and Oman. Meanwhile, the company is also looking at opening
an office in Kenya as it is already working within the African country’s
power sector. The company offers consultancy and turnkey execution
services in the field of energy transmission, grid management and
telecom for various Indian and international clients.
Considering Project (New or Expansion)|New Investment Strategy                          
63 May 2011 Fata Leonardo (Finmeccanica) 13687.81 54380 Italy Lazio Rome   Oman   Construction Construction FATA, a subsidiary of Italy-based Finmeccanica, has been awarded a
contract worth $300m with the Oman Aluminium Rolling Company for the
development of an aluminium rolling plant in Sohar, Oman. The process
will begin in July 2011, with the first production coils targeted for
August 2013.
New Overseas Supplier Contracts   Anthony Tropeano Chief Executive Officer, FATA                    
64 Mar 2011 Vale (Companhia Vale do Rio Doce) Vale (Companhia Vale do Rio Doce) 33967   Brazil Rio de Janeiro Rio de Janeiro   Argentina|Canada|Guinea|Indonesia|Mozambique|Oman|Peru|Zambia Coal, oil & gas|Medical devices Energy|Physical Sciences   Brazilian mining company Vale is to invest $9bn between 2011 and 2014 in
various countries worldwide. The company will carry out projects in
Argentina, Peru, Canada, Guinea, Zambia, Mozambique, Oman, and
Indonesia. An expansion project in Peru is already underway at the
company’s Bayovar facility.
Considering Project (New or Expansion)|New Investment Strategy                          
65 Mar 2011 Reliance Asset Management (UK) Reliance ADA     India Maharashtra Mumbai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Financial services Financial Services   Dubai Reliance Capital, the financial services arm of India’s Reliance
ADA, is eyeing Middle East expansion and it will use its office in the
Dubai International Financial Centre to expand its operations in the
region. The company intends to focus on growing wealth management and
Sharia-compliant businesses in the United Arab Emirates and the GCC
countries. The company is also planning to significantly increase its
headcount in the coming years.
New Investment Strategy   Sam Ghosh Chief Executive, Reliance Capital                    
66 Mar 2011 Bechtel Bechtel 32300 52700 United States California San Francisco (CA)   Oman   Construction Construction US-based construction company Bechtel, along with several other
companies, has won an award to expand Muscat International Airport. The
project has a budget of $1.8bn to build a new passenger terminal, which
would have a capacity of 12 million people per year. The facility is
expected to be finished by 2014, and the other companies involved are
BEC and Turkey-based INCA.
New Overseas Supplier Contracts                          
67 Feb 2011 Ozkar Insaat Ozkar Insaat     Turkey Turkey Ankara   Oman Real estate Construction   Turkey-based Ozkar Insaat, an engineering and construction company, has
been awarded an OR125.22m ($325.25m) contract in Oman. The company won
the contract to build the first phase of the 40 kilometre Sur Road. The
tender for the second phase of the same road is still under process.
New Overseas Supplier Contracts                          
68 Feb 2011 Beximco Pharmaceuticals Beximco Group 4900   Bangladesh Dhaka Dhaka   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Pharmaceuticals Life sciences   Bangladesh-based Beximco Pharmaceuticals is looking to build on last
year’s growth with further expansion into the Gulf Co-operation Council
countries. (GCC). The company is attracted by the potential for growth
there, and is shying away from more developed market. Saudi Arabia is
the company’s potentially biggest market.
New Investment Strategy   Nazmul Hassan Managing Director, Beximco Pharmaceuticals                    
69 Feb 2011 Hanjin Heavy Industries and Construction Hanjin Heavy Industries and Construction 2768.65   South Korea Hoseo Youngdo-ku   Oman Real estate Construction Construction South-Korea based Hanjin Heavy Industries & Construction has won a
OR168m ($114.2m) contract for the building of a 4-kilometre-long runway
designed and built to Code-F standards, two taxiways, and parking apron
for passenger aircraft at Duqm Airport. The project is due for
completion by the fourth quarter of 2012.
New Overseas Supplier Contracts                          
70 Jan 2011 Nunu Group Nunu Group     Qatar Qatar Not Specified   Oman|UAE Food & tobacco Retail Trade Retail Qatar-based Nunu Group, which operate a range of supermarkets and
concept stores, is considering opening new stores in Abu Dhabi and Ras
Al Khaima in United Arab Emirates as well as in Oman. Each outlet will
cost a minimum of Dh3m ($0.8m) and will employ approximately 100 people.
Considering Project (New or Expansion)                          
71 Jan 2011 JRG Securities JRG Securities     India Delhi Kochi   Oman Financial services Financial Services   JRG International Brokerage, the Dubai-based associate of India’s JRG
Securities is reportedly mulling expansion in Oman. The division would
offer investment advice and training for non-resident Indian investors,
who look for investment opportunities like portfolio investment schemes
and trading on the Indian bourse.
New Investment Strategy                          
72 Aug 2010 Homes R Us Lals Group     UAE Dubai Dubai   Kuwait|Oman|Qatar|Saudi Arabia Consumer products Retail Trade Retail Homes R Us, a retail subsidiary of Dubai-based Lals Group, is
considering setting up new outlets in Oman, Saudi Arabia, Kuwait and
Qatar. The company has been expanding locally and wishes to increase its
market share in the Middle East.
Considering Project (New or Expansion)   Viraf Raimalwala Chief Operating Officer, Homes R Us                    
73 Aug 2010 BAE Systems BAE Systems 22969.46 83400 United Kingdom South East (UK) London   Oman Non-automotive transport OEM Transport Equipment   UK-based aerospace and defence firm BAE sees Oman as among the top three
markets worldwide and as an ideal location to increase its global
footprint following the proposed defence spending cuts in the UK and US.
The company intends to increase its investments and build closer links
with colleges and universities in Oman, a country in which it  has
identified a range of potential opportunities and to which it has
supplied defence equipment for the past 30 years.
New Investment Strategy   Alan Garwood Director, Business Development                    
74 Jun 2010 Engie (GDF SUEZ) (Gaz de France) Engie (GDF SUEZ) (Gaz de France) 73731.06   France Ile-de-France Paris   Oman Coal, oil & gas Energy   GDF Suez, a France-based natural gas and electricity supplier, has been
awarded a $1.7bn contract to build and operate two power plants in Oman.
GDF Suez will own a 46% stake in each of the independent power plants,
which will have a combined capacity of 1500 megawatts.
New Overseas Supplier Contracts   Dirk Beeuwsaert Executive Vice-President                    
75 May 2010 Iberotel TUI 22052.81   Germany Niedersachsen Hannover   Jordan|Maldives|Oman Hotels & tourism Tourism Construction German hospitality company Iberotel, which recently opened the Iberotel
Emirates Grand in Dubai, intends to invest in countries such as Oman,
Jordan and the Maldives Islands in the next few years. The company sees
these places as potential markets which are fast becoming popular
tourist destinations.
Considering Project (New or Expansion)   Ashraf Helmy Manager, Business Development, Iberotel                    
76 Mar 2010 Frasers Hospitality Fraser & Neave (Fraser and Neave) 1471.39   Singapore Singapore Singapore   Oman|Saudi Arabia Real estate Construction Construction Frasers Hospitality, a provider of serviced residences, plans to expand
further into the Middle East. The company has recently opened Fraser
Suites residences in Bahrain, Oman and the United Arab Emirates, and
aims to open two more properties over the next two years in Oman and
Saudi Arabia.
Considering Project (New or Expansion)