Zawawi Group

About Zawawi Group

Established in 1975

Our Founder

Respected businessman and politician the late Qais bin Abdulmunim Al Zawawi established the Zawawi Group more than 40 years ago.

Today the directors continue the work of the Group's founder, Mr Zawawi, the former Deputy Prime Minister for Financial and Economic Affairs and a visionary who saw the opportunities of the Renaissance and helped fuel Oman's march to modernity.

In all their endeavors, the Group strives to maintain their matchless repute of low debt levels, focus on profitability, diversification, decentralization and high professionalism in management.

More about our Founder

our Philosophy

Achieve appreciation of shareholders wealth by focussing on investment opportunities within the region or outside, by continuously seeking new possibilities with a focus on diversification in terms of the type of the activity and its relevance and compatibility to the economic profile of the region, by working with partners with complimentary capabilities with respect to each such investment or business, and by empowering competent professionals capable of delivering results.

our Vision

To achieve sustainable and healthy growth in all spheres of our activities by adopting strategies to align our growth with the economic prospects of the region and events across the world, without compromising on care for nature and humanity.

Progressive and Growth-Oriented

Diverse Group of Companies

The Zawawi Group strives to be the most progressive growth-oriented business group in the Sultanate of Oman. It is a diverse group of more than 20 companies operating in a variety of sectors from banking to construction, pharmaceuticals and tourism.

The business has evolved over more than 40 years to suit the changing demands of the region's fast-developing economy and increasingly sophisticated consumer markets. As a forward-thinking company, it is commited to delivering unrivalled service alongside sustainable and healthy growth with no compromise on care for nature or humanity.

Partnering with World Leading Organisations

Zawawi Group has partnered with world-renowned and highly respected organisations such as DHL, Mercedes Benz and HSBC as well as building nationally important brands including Muscat Pharmacy and Zahara Travel. In recent years the Group has achieved rapid growth across the wide spectrum of its businesses and investments.

Our mission is to be known as the most progressive and most growth-oriented business group from the Sultanate of Oman.

Zawawi Group History

Leading Business Group in Sultanate of Oman

2019
2018
2017
2016
2015
2014
2013
2012
2011
2010

EPC for Power Plant in Oman LNG Sur

Zawawi Powertech Engineering won the EPC contract from Oman LNG, Sur for supply and installation of Power Plant with total capacity 228 MW.

Acquisition of Desert Palm Resort

Zahara Travels acquired “Desert Palm Resort” a newly developed tourism property in Wahaiba Sands. The property has 31 rooms located in 40,000 Sqm plot in Wahaiba Sands, Bidiya, Sur.

EDF Zawawi Energy Services LLC

Alawi Enterprises formed a joint venture "EDF Zawawi Energy Services LLC" with Electricity De' France (EDF) to provide services to power projects in Oman like providing Operation and Maintenance Services, energy optimisation services, commissioning services, advisory and consultancy services. EDF is a worlds leading electricity company specialised in thermal, nuclear, hydroelectric and renewable energy.

Aerotel Airport Hotel

Zahara Airport Services (Plaza Premium Lounge) won the contract from Oman Airport Management Company to operate and manage the 90 room airport hotel (Aerotel) and restaurant (Flight Club) in the new Muscat International Airport terminal.

Sale of Drywall Business

Zawawi Minerals divested its shareholding in USG Zawawi Zawawi Drywall LLC in Salalah Free Zone which manufactures "Sheetrock" brand gypsum boards.

Acquisition of MAI Central Eastern Europe Ltd

Risk Management Services successfully completed the acquisition of MAI Central Eastern Europe Ltd, the largest independent Insurance broker and reinsurance broker in Central Eastern Europe. MAI CEE has 21 subsidiaries operating in 12 countries (Poland, Hungary, Russia, Croatia, Slovak Republic, Latvia, Georgia, Albania, Lithuania, Ukraine, Romania and Chech Republic) that are "franchised’ as integrated network partners.

EPC for Powerplant in Lekhwair

Zawawi Powertech Engineering won the first EPC contract from PDO for constructing a combined cycle power plant of 108 MW in Lekhwair.

Acquisition of stake in an Oil & Gas company

Zawawi Group acquired 50% shares of Best Oil and Gas Solution LLC. The Company is engaged in engineering, construction and maintenance in oil fields, fabrication and laying pipe lines for Oil and Gas sector.

Joint venture with Colas Group for Asphalting business

Zawawi Colas LLC (formerly known as Tarmac Zawawi LLC) is engaged in activities of laying roads, manufacture of asphalt and retail of construction materials. Colas Group a global leader in asphalting and road construction, acquired the interest of Tarmac.

Joint venture Alemco UAE for MEP Contracting

Zawawi Group and Alemco UAE set up a joint venture company Alemco Zawawi LLC for Mechanical, Electrical and Plumbing contracting and to provide electro mechanical services. Alemco UAE is subsidiary of Al Jaber LEGT Engineering & Contracting LLC (ALEC), UAE.

Acquisition of majority stake in specialised Health care service provider

Zawawi Group acquired majority shareholding in Ibn Zuhr Polyclinic LLC, a company specialised in providing dialysis service to the patients of Ministry of Health in Oman.

Ibn Zuhr Polyclinic

Acquired majority stake in health care company providing Haemodialysis services to Ministry of Health, Muscat.

Joint venture with US Gypsum Corporation for manufacturing of "Sheetrock" brand gypsum boards

Zawawi Group and US Gypsum Corporation (USG) set up a joint venture company USG Zawawi Drywall LLC SFZ in Salalah Free Zone to manufacture "Sheetrock" brand gypsum boards to supply the material in Middle East and India. USG is a leading producer and distributor of gypsum boards in USA.

LBH Zawawi Shipping & Logistics

Started ship agency business in joint venture with LBH Group, Netherlands.

Joint venture with US Gypsum Corporation for mining and processing of minerals

Zawawi Group divested 55% stake in Zawawi Gypsum LLC to a strategic partner US Gypsum Corporation (USG). USG is the leading producer and distributor of gypsum boards in USA.

Full Zawawi Group history