A’ Sharqiya Investment Holding Co. SAOG (SIHC) was promoted in 1998 mainly by a wide section of investors hailing from the Sharqiya region with a mission for the development of the region and the country at large through promotion of projects of regional and national importance. The company was promoted with a paid-up capital of RO 6 million of which 40% was subscribed by the public. The company’s shares are listed and traded on the Muscat Securities Market.

The principal objectives of the company are to identify and promote suitable projects and for investment in financial markets, both local and overseas. The activities of the company can be broadly summarised as follows:
Promoting new projects in Oman and overseas * Acquiring existing businesses * Investing in local and overseas financial markets * Contributing to the development of Oman in line with the policies and priorities pronounced by the State

As the first step towards accomplishment of these objectives, A'Sharqiya Investment Company has successfully developed a USD 50 million residential complex for Oman LNG LLC (OLNG) at Sur, near OLNG’s liquefied natural gas manufacturing location. The Complex is a comprehensive one consisting of 130 villas, recreation centre, commercial centre, mosque, kindergarten, and primary school, sports hall and other amenities. The project was completed in a very short timeframe of just fifteen months and has been well received and appreciated by all concerned with the project.