Al Balushi assumed his current role in January 2014. In November 2023, Ominvest increased its stake in Bank Muscat SAOG by 5.87% to reach 15%. At the end of 2022, the company had a diverse asset portfolio valued at $3.4 billion and recorded revenues of $875 million and profit of $130 million. Before joining Ominvest, Al Balushi was the CEO of Ahlibank SAOG.