SR.No: 49
Omantel
Sector: Industrials
Date of Establishment: 1999
Country: Oman
CEO: Talal Said Al Mamari
Sales: $6.5 billion
Profits: $596 million
Assets: $20.1 billion
Market Value: $1.5 billion
Omantel is the largest telecom services provider in Oman. In December 2019, it introduced 5G for home internet subscribers across Muscat, Al Batinah North, and Al Batinah South, as well as Al Buraimi and Musandam. Omantel owns 21.9% of Kuwait’s Zain Group, making it the second-largest shareholder. Omantel assisted Oman’s Ministry of Health during the pandemic by launching a virtual clinic in the Royal Hospital. Before becoming CEO in 2014, Talal Said Marhoon Al Mamari was CFO at the company.