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Company
profile - Global Financial Investments S.A.O.G
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Global Financial Investments S.A.O.G (GFI) established on
August 12th 1997; it has grown at a tremendous pace and is
today one of the key players in Muscat Security Market. The
company won the distinction of carrying out major financial
deals since its first weeks of entering the market. For the
year 1998, it achieved to be one of the leader companies out
of sixteen brokerage firms in Muscat Security Market in
trading volume, with a turnover of R.O. more than 200M,
dominated of 26% of the market volume (782M) in 1998. As its
one of the highest investment houses in Oman with an equity
capital of R.O. 10 Million (US$ 26 Million). For the year
2002, GFI got 15.29% of market volume (RO 35.36 Million).
GFI offers an entire range of financial services to its
clients, brokerage, portfolio management, investment advice,
new issue management, underwriting and administration of new
stock issues. Controlled by an ingenious board of directors
and a puissant management team.
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Founders of the Company
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Sheikh. Suliaman bin Ahmed Al-Houkani
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10% |
Omani |
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HE. Hassan bin Ihsan Nasseb All
Naseeb |
10% |
Omani |
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Sheikh. Said bin Mohmd’ bin
Rajab Al-Ojail |
10% |
Omani |
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M/s Oman Marine Company
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9.33% |
Omani |
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Mr. Sultan bin Suliaman Al-Houkani
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6% |
Omani |
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Mr. Zaki bin Hassan bin Ihsan Nasseb
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5% |
Omani |
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M/s Al-Saud Limited Company
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1.67% |
UAE |
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Our Prominent Activities
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Brokerage
We have in our fold a team of highly qualified and experienced professionals, who ensure that the client’s interests are satisfied beyond their expectations. Whether it is trading of the client’s shares or counseling and funding their requirements, we insure that personal care and attention is provided to each client.
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Portfolio Management
Anyone concerned with making their future financially secure is interested in how to make their money work smarter. For some, a solid certificate of deposit with a reasonable rate of return is the most suitable product. For others, it might be a bond or bond portfolio, or an equity investment in stocks or mutual funds. The right decision will be easier to make with our knowledgeable investment professionals helping to guide you through the many investment possibilities.
For this purpose we have experts who analyze opportunities for our clients and ensure that their investments have an excellent growth potential and a relatively lower risk margin. Currently it has US$ 40M under funds management.
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Investments Consultant
In an information-driven environment, it is impossible to overplay the importance of accurate and timely information and relevant, effective analysis. Utilizing the best of available technology and extensive proprietary database, our research services group puts information to work, adding value through creativity, accuracy and efficiency.
This is a special service we provide to our clients, which is specifically tailor made to their needs. We provide an analysis for the financial performances of the actively traded companies in Muscat Security Market, full market study for the Omani sectors and its investment opportunities.
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Issue Management/Underwriting/Corporate Finance
As privatization is gaining momentum in the Sultanate, there are excellent prospects for new industrial and commercial projects, as well as the existing ones to go public. We, at Global Financial Investments have all the expertise needed to handle such public issues. For instance, we were the underwriters of the immensely successful public issue of:
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Oman Holdings International Company - capital of R.O.6.5
Million
- Al-Shrooq Investment Services - capital of R.O.2 Million.
We were the underwriters and issue managers for:
- Oman Education and Training Investment (Sohar University)capital of 2.8 Million
Rial.
- Oman Filters Industry Co. SAOG for R.O.1.5 Million Rial.
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Financial Analysis
Our mission is to be the premier, independent provider of advice and investment analysis of the highest quality. We seek to improve the economic well - being and quality of investments for our clients, through well-studied diversified portfolios with a minimum unsystematic risk.
Diversification and specialization is the name of today’s investment techniques, Global Financial Investments strategy for success is to offer our clients a diversify menu of financial services and to customize a program to allow for informal, effective decision making and successful project implementation.
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Our Commitment
Global Financial Investments provides a comprehensive array of high-quality investment services, offering our clients a depth of experience as well as the simplicity of establishing a single point of contact for all assignments to ensure the best results. Our level of performance, professionalism, and access to market information is unmatched. GFI invests time to fully understand the market, we are aware of the client’s needs and requirements in advance of each assignment, leading to quicker starts and more timely completion. We successfully complete our client requirements in the most beneficial, expedient and cost-effective manner. As a result of this streamlined process and professional representation, we can offer our clients the superior services as well as the confidentiality they often prefer.
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Financial Out looks for the Company
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GFI started its business on September 1st 1997 with a 6 Million share capital issued and 50% paid. During the five months period ended December 31 1997, the remaining 50% unpaid share capital were called and fully paid at January 1998. At March 1998 GFI increased its capital to 10 Million by issuing 4 Million rights issue shares.The virtuous results, which is achieved up to end of June 2002 as a parent and a group, considering the tightening of liquidity in the market and the rising cost of funds, reflects the healthy base for the company and the proficient of its management. We hope the market strains will ease soon, so our achievements will go up by adding more growth to our clients under the umbrella of more diversified investments.
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Global Group of Companies
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Global Financial Investments diversified its investments to be a group of companies as follow:
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First International LLC
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99% |
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United Finance Company SAOG
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33.4% |
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Sohar University (OETI)SAOG
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38.3% |
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Oman Filters Industry Co. SAOG
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83% |
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Modern Exchange Co. LLC
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30% |
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Construction Materials Industries CO. SAOG
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25% |
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Oman Hotels & Tourism Co.
SAO |
26.2% |
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Muscat Gases Co. SAOG
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27.7% |
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Board of Directors |
Sheikh.
Suliaman Ahmad Said Al-Hoqani |
Chairman of the
company |
| HE. Hassan Ihsan Naseeb Al Naseeb |
Director |
| Mr. Jamal Said Rajab
Al-Ojaili |
Deputy Chairman |
| Sayed Mohamed Hilal Al Bousaidi |
Director |
| Mr. Fayez Mustafa Mohamed Hassan |
Director |
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| Key Persons |
| Jamal Said
Rajab Al-Ojail |
Deputy
Chairman & Executive President |
| Milend
Bahjawat |
Senior
Adviser |
| Jameel
Sulaiman Al-Hashlamoon |
Brokerage
Manager |
| Faris
M. Fadel-Allah |
Accounts/Administrative
Manager |
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Oman Arab Bank (SAOC)
Bank Muscat (SAOG)
Bank Dhofar (SAOG) |
Deloitte & Touche.Me |