Food holding revenue in Oman jumps 40%

MUSCAT, OCT 6
Oman Food Investment Holding Company is advancing a strategy to consolidate food-sector companies under a unified umbrella, aiming to improve integration, efficiency and competitiveness while strengthening Oman’s long-term food security.
The restructuring is being pursued alongside an acceleration of investment projects across agriculture, food processing and fisheries. These initiatives are designed to draw on Oman’s resources and competitive advantages, strengthen domestic production, increase local value addition and support economic diversification.
Speaking in the Oman Investment Authority’s quarterly publication, Injaz wa Ijaz, Abdullah al Rashdi, Chief Executive Officer of Oman Food Investment Holding Company, said the consolidation had helped establish a unified strategic direction and strengthen integration across the portfolio.
He said the restructuring had also improved resource management and decision-making, creating a more effective organisational structure for managing investments and projects.
Initial results have shown tangible progress. In 2025, the company’s portfolio recorded 40 per cent growth in revenue and a 28 per cent increase in earnings before interest, tax, depreciation and amortisation (EBITDA) compared with 2024, alongside improvements in operational efficiency, cost control and project execution.
Al Rashdi highlighted Mazoon Dairy as a key example of the portfolio’s progress towards profitability and sustainability. Following operational and financial pressures arising from supply-chain disruptions, the company undertook a comprehensive review of its value chain, from farm to consumer, to identify opportunities for improvement and growth.
It subsequently launched a two-phase transformation programme during 2023 and 2024, focusing on expanding distribution channels, developing new products, optimising its product portfolio and improving procurement and financial operations.
The measures enabled Mazoon Dairy to reach break-even in 2024 and move into profitability in 2025. Sales increased by 16 per cent, while EBITDA improved by 100 per cent, equivalent to an increase of approximately RO 3 million. The transformation also delivered improvements in operational efficiency, product margins and management capabilities.
Strategic international partnerships are another key component of the holding company’s growth strategy. Among the most significant is its partnership with global meat producer JBS, involving Al Bashayer Meat Company and Al Namaa Poultry Company.
Under the partnership, JBS is expected to invest up to $150 million, equivalent to approximately RO 57.7 million, to develop meat-production capabilities and expand capacity. The partnership will also facilitate the transfer of international expertise in operations, management and business development.
The investment is expected to improve production efficiency and strengthen Oman’s self-sufficiency in meat, while supporting an integrated production system capable of meeting domestic demand.
Over the longer term, the partnership is intended to support Oman’s emergence as a regional hub for the production and export of red and white meat.
Beyond meat and poultry, Oman Food Investment Holding is pursuing strategic partnerships across fisheries, aquaculture, animal feed and other food-related industries.
Its investment strategy covers the wider food value chain, from primary production and processing to packaging, logistics and supply chains. Through greater integration across these activities, the company aims to increase in-country value (ICV), support Omani products and strengthen the sector’s competitiveness.