Company History

Significant events in Zawawi Group's history

Latest Events

2019

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.

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.

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.

2018

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.

2017

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.

2016

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.

2015

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.

Acquisition of stake in a reputed EPC company

Zawawi Group acquired 50% shares of Powertech Engineering LLC, which is specialised in engineering, procurement, testing and commissioning (EPC) of overhead lines, substations and electrical installations.

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.

2014

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.

2013

Ibn Zuhr Polyclinic

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

2012

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.

2011

LBH Zawawi Shipping & Logistics

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

2010

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.

2008

Zahara Airport Services

Zahara Travel entered into a joint venture with Plaza Premium Lounge, Malaysia and started Lounges in Muscat International Airport.

2007

Zawawi Minerals LLC

Set up mining and minerals processing business.

2004

Alawi Enterprises acquired from Albert Abela Group controlling stake in Catering Companies.

2003

Exova formerly Bodycote Material Testing Services

Joint venture with Bodycote UK for testing materials and chemicals.

2000

Sahara Hospitality Company SAOG

Floated the public company listed in Muscat Stock Market and built Permanent Accommodation for Contractors Staff (PACS) of PDO in Fahud and Nimr.

1984

HSBC Bank SAOG former Oman International Bank

Founder shareholder of Oman International Bank, first wholly Omani owned commercial bank in Sultanate of Oman.

1979

Risk Management Services

Started the first insurance brokerage firm to be licensed in Oman.

1978

Muscat International Services

Started AVIS Rent a Car business.

DHL

Zahara Travel started courier business with DHL Worldwide Express.

1972

Zawawi Trading Company

Acquired the agency of Daimler AG (previously Mercedes-Benz) for the territory of Oman.

1971

Zahara Travel & Service Bureau

Started travel business in Muscat, Oman.

1968

Muscat Pharmacy & Stores

Started the first pharmacy retail outlet in Muttrah, Oman.

Catering & Supplies Company

Industrial Catering business started in joint venture with Albert Abela Group.

1965

Carillion Alawi LLC formerly George Wimpey

Started civil construction and roads business in Oman in joint venture with George Wimpey, UK.