As part of its efforts to attract investments and develop economic sectors, Assarain Group and EDECS Forge Strategic Partnership to Transform the Oman Construction Industry

Muscat, Oman – 12 February 2025 – Assarain, one of Oman’s premier trading organizations, signed a strategic partnership agreement with EDECS, a leading construction and engineering Group in the MENA region. This collaboration signifies a pivotal development in the country’s construction and engineering landscape, leveraging the combined strengths of two industry leaders to foster innovation, champion sustainable development, and unlock new investment opportunities.

Unveiled under the patronage of His Excellency Eng. Khamis bin Mohammed Al Shammakhi, Undersecretary of the Ministry of Transport, Communications, and Information Technology for Transport, the partnership aims to drive progress in these key areas. The agreement was signed by Mr. Salem bin Said Al Wahaibi, Board Chairman of Assarain Group and Engineer Hussein El Dessouky, Chairman and Managing Director of EDECS.

This milestone was celebrated with a grand event on 12 February 2025, at the Mandarin Hotel in Muscat, Oman, bringing together prominent stakeholders, decision-makers, clients, and media representatives. The event marked a significant moment for the Gulf construction and engineering sectors as the two industry leaders combine their expertise to shape the region’s future development.

Emphasizing the importance of this partnership agreement, Mr. Salem Al Wahaibi, Board Chairman of Assarain Group, said: “Assarain has always been at the forefront of driving growth in Oman. Partnering with EDECS allows us to deliver world-class solutions that will contribute to our nation’s progress and elevate the standards of the construction industry in the region. The expansion of Assarain’s business base and the enhancement of its investments reflects positively on the company’s efforts to employ national cadres and raise the levels of Omanization, as we believe that developing national human resources is a long-term investment.”

For his part, Engineer Hussein El Dessouky, Chairman and Managing Director of EDECS, expressed his enthusiasm by stating, “This partnership represents a dynamic synergy between two leaders in their fields. Together with Assarain, we aim to redefine construction and engineering excellence across Oman.”

Coinciding with this announcement, EDECS unveiled its new subsidiary in Muscat, Oman, underscoring its commitment to expanding its regional footprint and contributing to Oman’s economic development. This presence is positioned as a strategic hub, offering EDECS’s state-of-the-art engineering solutions tailored to address the dynamic needs of local stakeholders, clients, and investors. By delivering unparalleled expertise, EDECS aims to ensure the successful execution of critical infrastructure projects across the region.

EDECS has been a key player in the remarkable development of marine and infrastructure works in the region, contributing significantly to its economic transformation. The company has expanded its operations into Saudi Arabia and the UAE, delivering the same high-quality expertise. With this new venture in Oman, EDECS aims to support the country’s ambitious Oman Vision 2040 by bringing its innovative solutions and engineering excellence to upcoming projects.

The partnership between Assarain and EDECS integrates Assarain’s deep understanding of the Omani market with EDECS’s advanced engineering and construction capabilities. Together, the two companies aim to deliver unparalleled value to infrastructure and construction projects, supporting regional development and unlocking new investment opportunities.

About Assarain:

Said Salem Al Wahaibi Group, known as Assarain Group, is one of the leading and most diversified business entities in Oman. Since 1975, the Group has played a vital role in the nation’s economic and social development under the leadership of His Majesty Sultan Haitham bin Tarik, may Allah keep and protect him.

The Group has built a strong portfolio with interests spanning construction, manufacturing, real estate, food distribution, insurance, and healthcare. This diverse range of operations underscores Assarain’s commitment to meeting the evolving needs of Oman’s economy and fostering long-term sustainability.

Assarain’s success is anchored in its focus on quality, innovation, and customer satisfaction, which continue to drive its growth and leadership across industries.

The group also achieves steady growth in Omanization rates, which contributes to creating many job opportunities for Omani youth while enabling national cadres to develop their skills and experiences by working within the group’s companies. Assarain also prioritizes quality, innovation and customer satisfaction as fundamental pillars of its success.

Assarain Group operates a diverse range of businesses, each contributing to its leadership in various industries. Kalhat Services & Trad. LLC provides reliable trading and service solutions with customized offerings and exceptional customer support. Assarain Concrete Products LLC, Assarain Concrete Products (Duqm) LLC, and Assarain Modern Concrete Products LLC manufacture high-performance and sustainable concrete products, catering to Oman’s infrastructure and modern construction needs. Assarain Food Products LLC distributes premium food products to meet the demands of Oman’s dynamic market, while National Marketing & Trad. LLC connects global brands to local markets with effective marketing and trading services. Assarain Insurance Services LLC offers tailored insurance solutions for individuals and businesses, ensuring comprehensive protection. Assarain Furnishing LLC delivers high-quality furniture and interior solutions for residential, commercial, and hospitality spaces. Assarain Int’l Cont. & Trad. Co. LLC specializes in innovative construction and trading services for large-scale projects. Lastly, Hatat Specialty Clinics LLC provides advanced healthcare services with a focus on specialized treatments and personalized patient care.

About EDECS:

EDECS has 30 years of experience in marine construction, infrastructure, and transportation projects in Egypt, UAE, and Saudi Arabia. The company offers innovative, sustainable, and efficient solutions across a wide range of projects, achieving the highest standards of quality, safety, and sustainability.

The company has strong expertise in maritime transportation projects, including the construction of marine terminals and ports, encompassing administrative buildings as well as land transportation projects such as high-speed and light rail stations. EDECS also has extensive experience in large-scale paving and infrastructure projects.

EDECS is a trusted partner for clients seeking to achieve a positive impact on the communities they serve.