Ominvest – International and National Ratings Affirmed, with a Stable Outlook

Ref: OM0122 1 CRA00-01 22 June 2022

Ominve st ’ s International and National Ratings Affirmed, with a Stable Outlook

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long- and Short-Term International Ratings of Oman International Development and Investment Company (Ominvest) at ‘BB’ and ‘B’, respectively. The Outlook on the Long-Term International Rating remains Stable . Ominvest’s International Ratings and Outlook remain in line with those of th e s overeign (‘BB’/ ‘B’/ Stable ). At the same time, CI Ratings has affirmed Ominvest’s Long- and Short-Term ratings on the Oman National Scale at ‘omAA’ and ‘omA1+’, respectively, for the same reasons cited below. The Outlook for the national ratings also remains Stable .

Ominvest’s ratings continue to be supported by its status as the leading listed investment company in Oman, and as one of the largest in the region….