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    About Us

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    The History of Ubhar Capital

    Ubhar Capital is a comprehensive investment company fully regulated by the Capital Market Authority in Oman (CMA). U-Capital began its journey in January 2017 after acquiring the investment management division from Oman Arab Bank. To increase its presence, Ubhar Capital acquired Gulf Baader Capital Markets SAOC in June 2020.

    Ubhar Capital Services

    Our company provides a wide range of financial services to meet the diverse needs of our clients. These include:

    • Asset Management:Managing a variety of investment portfolios with expertise to help clients achieve their financial goals.
    • Financial Market Trading:Facilitating the buying and selling of local and global securities through high-level service and market insights.
    • Wealth Management:Providing personal financial planning and investment strategies to grow and protect wealth.
    • Research and Analysis:Offering in-depth market analysis and economic research to support informed investment decisions.
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    Today, Ubhar Capital stands as one of the largest asset management and leading securities trading companies in Oman. Our company has successfully executed some of the most significant corporate finance transactions, including initial public offerings (IPOs), debt filings, and various advisory mandates.

    Our commitment to excellence and a client-centric approach has enhanced our reputation as a trusted partner in the financial industry. We continue to innovate and expand our services to meet the evolving needs of our clients, providing them with the tools and insights necessary to navigate the financial markets successfully.

    Explore our services and discover how U-Capital can help you achieve your financial goals. Contact us today for more information or to schedule a consultation with one of our financial experts.

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    Our Philosophy

    At Ubhar Capital, our philosophy is rooted in delivering exceptional investment services tailored to meet the unique needs and goals of our clients. We strive to provide innovative solutions, leveraging our extensive market knowledge and industry expertise to ensure success in every investment endeavor.

    Success in the financial world often depends on strong partnerships. At Ubhar Capital, we believe in the importance of forming strategic alliances with our clients, local businesses, and international partners. These collaborations enable us to offer comprehensive services and create opportunities that drive growth and mutual success.

    Our success is built on a foundation of global reach, innovative thinking, and strong relationships. We cover local markets with deep understanding while also offering a global perspective in our strategies. The creativity of our team and its extensive network ensure that we stay ahead of market trends and deliver exceptional results for our clients.

    Board of Directors

    Abdulaziz Al Balushi

    Abdulaziz Al Balushi

    Chairman

    Mr. Abdulaziz Mohammed Al Balushi is currently the Group Chief Executive Officer of Oman International Development and Investment Company SAOG (OMINVEST) with over 37 years of professional experience. Abdulaziz possesses extensive and deep knowledge of the global financial services industry. Since joining OMINVEST in 2014, Abdulaziz, along with the management team, has transformed the company by implementing the new vision set by the board, and formulating a new culture, organizational structure, and policies.

    Prior to joining OMINVEST, Abdulaziz was the Chief Executive Officer of Ahli Bank SAOG from 2007 to 2013.

    Abdulaziz holds a Master's degree in Finance from the University of Strathclyde (UK) and is a Fellow of the Chartered Institute of Bankers (UK). Abdulaziz has served on various boards across the Sultanate and is an advisory board member at the College of Agriculture and Marine Sciences at Sultan Qaboos University.

    Nasri Victor Malhami

    Nasri Victor Malhami

    Vice Chairman

    Nasri Victor Malhami is an advisor to the Board of Arab Bank (Switzerland) Ltd and previously served as the CEO and General Manager of Arab Bank (Switzerland).

    Prior to joining OMINVEST, Abdulaziz was the Chief Executive Officer of Ahli Bank SAOG from 2007 to 2013.

    Abdulaziz holds a Master's degree in Finance from the University of Strathclyde (UK) and is a Fellow of the Chartered Institute of Bankers (UK). Abdulaziz has served on various boards across the Sultanate and is an advisory board member at the College of Agriculture and Marine Sciences at Sultan Qaboos University.

    Abdulaziz currently serves as the Vice Chairman of Jabreen International Development SAOC, and a board member at Oman Arab Bank SAOG, National Finance SAOG, and National Life and General Insurance SAOG.

    Al Wadhah Sulaiman Al Adawi

    Al Wadhah Sulaiman Al Adawi

    Board Member

    Al Wadhah Sulaiman Al Adawi currently serves as the Chief Commercial Officer at OMINVEST.

    He recently held the position of Vice Chairman of Oil and Gas Business at S&T Group (Hydrocarbon Finder E&P).

    He also has over 18 years of international experience managing global portfolios at leading asset managers like Harvard Endowment and LG Partners. He was also a former board member of OMINVEST.

    Al Wadhah graduated with honors from Boston University, where he double-majored in Economics and Finance. He is also a Chartered Financial Analyst (CFA) and has held the CFA designation since 2004.

    Sanjay Kawathar

    Sanjay Kawathar

    Board Member

    Sanjay has served as an advisor to several regulatory committees in Oman. He is an active presenter at business forums and contributes articles to business magazines. He is also a board member of several listed and regulated companies across the GCC. He holds a Bachelor of Commerce and is a member of the Institute of Chartered Accountants of India.

    Earlier, he was a partner at EY MENA. He also has extensive experience in matters related to mergers and acquisitions, restructuring, liquidation, performance improvement, IPOs, and fundraising transactions.

    Sanjay Kawathar has 25 years of strong experience in providing financial and strategic leadership and driving growth. He has good global connections and in-depth knowledge of the banking, insurance, and leasing sectors. Sanjay currently serves as the Executive Vice President of OMINVEST Group and is responsible for managing OMINVEST Group's investments.

    Rani Jabbour

    Rani Jabbour

    Board Member

    Rani Jabbour currently serves as the Managing Director and member of the Executive Committee responsible for Treasury, Trading, Financial Institutions, and Marketing at Arab Bank (Switzerland) Ltd. He holds a Master’s degree in Economics and graduated from the Magistère Banque Finance from the French university Paris 2 Pantheon-Assas (1994).

    He began his career in 1995 as a Forex and Treasury Dealer at BFO London (Credit Agricole Group) before moving to Geneva in 2000 as a Senior FX Advisory Manager at Credit Agricole (Suisse) SA.

    Abdulaziz Khalifa Al Saadi

    Abdulaziz Khalifa Al Saadi

    CEO

    Sheikh Abdulaziz Khalifa Al Saadi has been the CEO of Ubhar Capital SAOC (U-Capital) since December 2020. With over 19 years of experience in finance and investment, Sheikh Abdulaziz possesses extensive and deep knowledge of the industry.

    Before joining Ubhar Capital, he was the Deputy General Manager of Operations at the Civil Service Pension Fund. He led the formulation and implementation of the fund's strategic plan and future directions. He also oversaw operations in the investment department, including portfolio creation, investment strategy, and risk management. He also took care of the fund’s internal audit function.

    He has held board positions in several companies in real estate, investment, and banking sectors. He served as a board member at Bank Nizwa (the largest independent Islamic bank in Oman), OMINVEST (the largest private sector investment company in Oman), Jabreen Capital (a leading private equity firm in the region), and Muscat National Development and Investment Company (a leading government-owned company in Oman focused on tourism, healthcare, education, retail, logistics, and transportation sectors).