{"id":13097,"date":"2026-07-08T05:36:00","date_gmt":"2026-07-08T01:36:00","guid":{"rendered":"https:\/\/omanet.om\/news\/economy\/oq-divest-majis-stake\/"},"modified":"2026-07-08T11:40:24","modified_gmt":"2026-07-08T07:40:24","slug":"oq-divest-majis-stake","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/oq-divest-majis-stake\/","title":{"rendered":"OQ to Divest Stake in Majis Industrial Services: Key Implications for Investors and Business Growth in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 0%,rgba(220,38,38,0.35),transparent 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>OQ, the global energy investment group, has signed an agreement to divest its stake in Majis Industrial Services, a company specializing in industrial water solutions and utilities for Suhar&#8217;s industrial sector. The buyer is an investment consortium consisting of the Oman Infrastructure Investment Fund (Rakiza) and IV3 Aqua, a global water infrastructure specialist.<\/p>\n<p>The partnership leverages Rakiza\u2019s deep expertise in the local investment market and extensive regional network, combined with IV3 Aqua\u2019s technical and operational proficiency in water infrastructure across the Middle East and Asia. This collaboration establishes a robust foundation for Majis to sustain its growth and enhance its support for industrial development throughout the region.<\/p>\n<p>Azzan al Abdullatif, Chief Portfolio Officer of OQ, stated, &#8220;This transaction exemplifies OQ\u2019s dedication to proactive portfolio management and disciplined capital allocation. As Majis enters its next growth phase under new ownership, OQ will redirect capital to opportunities aligned with long-term value creation and Oman\u2019s economic priorities, in line with our annual divestment program. We are confident Majis will continue to provide reliable services and pursue future expansion.&#8221;<\/p>\n<p>Khalid al Khatib, CEO of Rakiza, remarked, &#8220;Our investment in Majis underscores our strong belief in the critical infrastructure that supports industrial growth in Oman. As Suhar&#8217;s leading integrated industrial water platform, Majis offers strategic significance, a reputable customer base, and secure long-term contracted returns, making it an exceptionally attractive investment aligned with our long-term strategy.&#8221;<\/p>\n<p>Olaf Krohg, CEO of IV3 Aqua, added, &#8220;Majis is exactly the type of strategic enterprise IV3 Aqua targets, given its essential infrastructure, long-term contractual framework, and leading position within Oman\u2019s industrial water sector. Together with Rakiza, we look forward to fostering the company\u2019s continued growth and delivering sustainable long-term value to all customers and partners.&#8221;<\/p>\n<p>This transaction is part of OQ\u2019s ongoing portfolio optimization programme, following successful partial divestments in Abraj Energy Services, OQ Gas Networks, OQ Exploration &#038; Production, OQ Base Industries, and most recently, Oman India Fertiliser Company (OMIFCO). These moves continue to enhance OQ\u2019s investment portfolio while supporting its future growth objectives.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>OQ&#8217;s divestment from Majis Industrial Services and the acquisition by Rakiza and IV3 Aqua highlight a <strong>strategic shift towards infrastructure-focused investments<\/strong> that underpin industrial growth in Oman. This transition presents <strong>opportunities for smart investors to invest in critical and sustainable water infrastructure<\/strong> with stable, long-term returns, while businesses in Oman can expect enhanced support for industrial expansion through improved water utility services. Entrepreneurs should consider <strong>leveraging such public-private partnerships to innovate and expand within Oman&#8217;s growing industrial ecosystem.<\/strong><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OQ has agreed to divest its stake in Majis Industrial Services to an investment consortium of Oman Infrastructure Investment Fund (Rakiza) and IV3 Aqua. The deal supports Majis&#8217; growth in industrial water solutions for Suhar&#8217;s industrial sector, combining local investment and technical expertise.<\/p>\n","protected":false},"author":9,"featured_media":13095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[5501,237,161],"class_list":["post-13097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-industrial-water","tag-investment","tag-oman"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2026\/07\/3445523.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/13097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=13097"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/13097\/revisions"}],"predecessor-version":[{"id":13098,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/13097\/revisions\/13098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/13095"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=13097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=13097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=13097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}