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Oman Investment & Finance Company Ltd.
Oman
 Muscat  OmanTicker: OIFC

Business Summary
Oman Investment & Finance Company S.A.O.G. (OIFC) is an Oman-based company engaged in meter reading and billing services for electricity supplies, as well as the collection of payments on behalf of the Ministry of Housing, Electricity and Water, and Muscat Electricity Distribution Co. The Company is also involved in bill printing and the collection of fixed line telephone, global system for mobile communications and Internet bills from private customers on behalf of Oman Telecommunications Company (Omantel). The Company's other activities include purchase and sales of prepaid GSM (Global System for Mobile Communications), of other telecom operators viz. Renna, Friendi and Nawras as a principal / sub dealer.
 
Financial Information
Financial Ratings:Z'' Score  FRISK Score
Latest Financial Statements
and Analyses:
6/30/2010    Annual Financials    Quarterly Financials    
Current Fiscal Period:1Q 2011
Fiscal Year End:December
Last Audit:3/31/2010
Auditors:Ernst & Young LLP
Audit Opinion:Unqualified
 
News Stories
Date
Headline
8/19/2010Oman Investment & Finance Company Ltd. Cancels Acquisition on Money Exchange Company
7/30/2010Oman Investment & Finance Company Ltd. -- updated financials available
7/28/2010Oman Investment & Finance Company Ltd. Announces Extension of Oman Telecommunications Company Contract by Three Months
19 additional News Stories available in full report.
 
Industries
Type
Code
Description
SectorSERVICServices
IndustrySVSBUSBusiness Services
SIC7389Business Services, Not Elsewhere Classified
7322Adjustment And Collection Services
NAICS56199All Other Support Services
56144Collection Agencies
 
Management

Title

Name

Age
Title
Date
Start
Date
Non-Executive Independent Chairman of the Board, representing Al Khonji Invest LLCMohammed A. Al Khonji 1/1/20087/6/2007
Chief Executive OfficerShabir M. Al Yousef 2/1/20092/1/2009
Non-Executive Independent Vice Chairman of the Board, representing Rasmala InvestmentsAnwar Abu Sbaitan   
12 additional Management records available in full report.
 
General Information
Number of Employees:622 (As of 12/31/2007)
Outstanding Shares:120,000,000 (As of 6/30/2010)
Shareholders:2,070 (As of 3/31/2010)
Stock Exchange:MSM
 

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