OIFC is one of the leading Investment and Services Company and specialises in Billing, Collection & Debt Factoring for Electricity, Water and Telecom Services in the Sultanate of Oman over the last three decades, established in 1979. OIFC is considered a as the Pioneer and is the single largest private sector listed company dedicated to this line of business in the Sultanate of Oman.
OIFC factors bills and debts for the Public Authority of Electricity and Water, Oman Telecommunications Co. SAOC (Omantel), Oman Wastewater Services Company SAOC (Haya) and provides meter reading, billing and collection services for Muscat Electricity Distribution Co. SAOC (MEDC), Muscat Municipality and Omani Qatari Telecommunication Company SAOG (Nawras).
OIFC is a Joint Stock Organization with a share capital of RO. 20 Million and is listed on the Muscat Securities Market (MSM), OIFC has established its reputation as an undisputed leader in Oman’s telecom and utility sectors.