Asyad Group
Rank: 4
Date of establishment : 2016
Country: Oman
Group CEO: Abdulrahman Salim Al Hatmi
The Asyad Group is a $4 billion enterprise backed by $20 billion in government infrastructure spending. It is comprised of three deep ports and three free zones, supported by Oman’s five airports. Asyad operates one of the largest drydocks in the region with a diversified fleet of 60 vessels. Asyad is a driving force behind Oman’s national logistics strategy, which prioritizes logistics as a major part of its economic future. Oman hopes the sector can contribute roughly $36 billion to GDP by 2040, up from $2.6 billion in 2016, while also creating 300,000 jobs.