National Finance named Best Performing Company at Alam Al Iktisaad Awards 2025

National Finance Best Performing Company at Alam Al Iktisaad 2025 - GCC Business News
Image credits: National Finance | Cropped by GBN
By Desk Reporter, GCC Business News

National Finance, leading finance company in the Sultanate of Oman, has been awarded the prestigious title of ‘Best Performing Company’ in the Large Cap Category at the 2025 edition of the Alam Al Iktisaad Awards for Best Performing Listed Companies, in recognition of its outstanding growth trajectory, and strong performance in the year.

The distinguished red-carpet ceremony was held under the auspices of HE Eng. Ahmed Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), who presented the award, with Mr. Saam Al Habsi, Chief Operations Officer at National Finance, accepting it on behalf of the company.

This accolade stands as a testament to the company’s continued success, exceptional achievements, and its resolute commitment to driving innovation and leadership within the nation’s finance sector. The award underscores National Finance’s robust operational and financial performance, which has continued to set industry benchmarks throughout 2025.

The company announced that as of June 30, 2025, its operating profit recorded a strong year-on-year growth of 48.53 percent, reaching $31.63 million (OMR 12.18 million). Profit after tax rose by 19.83 percent to $18.23 million (OMR 7.02 million). Net investment in leases stood at $1.60 billion (OMR 614.62 million), reflecting a 6.18 percent increase since December 2024. This continued growth has been driven by robust financing activity, improved operational efficiency, and a strategic commitment to sustainable lending underpinned by prudent credit quality management.

Notably, National Finance holds the largest regulatory capital base within the Sultanate of Oman’s finance and leasing sector and commands a market share of 49.57 percent, underscoring its position as a clear industry leader. The company operates a robust network of 23 branches, ensuring widespread accessibility and strong customer outreach across governorates.

Further reflecting its commitment to national development, National Finance maintains an impressive Omanization rate of 91.86 percent, among the highest in the sector. This demonstrates the company’s strategic focus on nurturing local talent, empowering communities, and building a skilled national workforce equipped to drive sustainable economic growth.

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Tariq Sulaiman Al Farsi
CEO – National Finance

“We are honored to be recognized on such a prestigious platform. This accolade reflects the significant strides we have made in driving innovation, transformation, and sustained growth – further reinforcing our position as a sector leader. These achievements are a direct result of the dedication, talent, and relentless hard work of our team. Our strategic focus on attracting and developing talent has been instrumental in elevating our performance and enabling us to reach new milestones. Inspired by this recognition and strengthened by the commitment of our people, we remain steadfast in our pursuit of excellence and continue to set new benchmarks within the industry.”

This prestigious recognition reaffirms National Finance’s dedication to being a trusted Partner for Growth, empowering a diverse customer base, championing innovation, and driving excellence through a strategic, future-focused approach that continues to shape and elevate the country’s financial landscape.

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