The Minerals Development Oman SAOC (MDO) was conceived to capitalise the increasingly attractive investment opportunities in Oman's mining sector and to provide an impetus for the government's aim to expand and grow the sector.

MDO was established in 2017 as a holding company that is envisioned to develop the Omani mining sector by investing and enabling various projects across a range of mineral commodities and value chains.

A closed joint stock company, MDO is equally owned by the State General Reserve Fund (SGRF), Oman Investment Fund (OIF), Takamul Investment LLC and Oman National Investment Development Company SAOC (TANMIA).

MDO is primed to be the facilitating vehicle for strategic investment and sustainable development in the sector, thereby directly or indirectly stimulating further growth in Oman's mineral sector. The company's objective is to fulfil its founders' goals by making astute investments in the financial and technical resources needed to vitalise the burgeoning industry, improve consolidation and increase utilisation in order to make Oman a forceful and a competitive player globally.

Contact Us

Minerals Development Oman SAOC.
PO Box 1004
PC 111, Sultanate of Oman
Airport Heights, Building No. 53
Tel: + 968 - 22504333
Fax: + 968 -22504300
Office Hours: Sunday - Thursday | 8:00 AM - 4:30 PM (GMT +4)