29/01/2018 14:41 AST

Oman Flour Mills, a public joint stock company engaged in the milling and food processing business in the sultanate, has appointed Haitham Mohamed Al Fannah as the new chief executive officer effective April 1.

An industry veteran, Al Fannah had been with the Al Sulaimi Group for the past 17 years handling a variety of leadership roles within the Group Holding, said the company in its filing to the sultanate's bourse, Muscat Securities Market.

He holds an MBA from the University of Strathclyde, UK and a Bachelor's Degree in Business Administration from the University of Missouri St Louis, US. He is one of the first batch of National CEO Program.

Oman Flour Mills was established in 1977 as a public limited company with 51 per cent ownership by Oman Foods Investment Holding Company.

Set up as the country's first food manufacturing company, it is today a market leader in flour products, bakery products, and animal feed.-


Trade Arabia

Oman Flour Mills invests more than OMR6mn in local wheat procurement

15/07/2025

Oman Flour Mills Company (OFM) has invested more than OMR6 million in the procurement of locally grown wheat between 2021 and 2024.

The initiative, implemented in collaboration with the Mini

Times of Oman

Saudi Arabia Emerges as Global Hub for Billion-Dollar Startups

15/07/2025

Saudi Arabia is rapidly establishing itself as a global center for billion-dollar startups, known as "unicorns," by cultivating an innovation-driven environment. These high-growth companies - private

Saudi Gazette

New partnership between Oman Flour Mills & Elevatus brings AI-powered hiring to the food industry

14/05/2025

Oman Flour Mills (OFM), one of the leading national companies in the food manufacturing sector, has announced a strategic partnership with Elevatus, the award-winning provider of AI-powered recruitme

Times of Oman

Ticker Price Volume
OFMI Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IQCD 9.05 0.00 (0.00%)
IGRD 3.97 0.02 (0.50%)
OMIFCO 0.23 0.00 (0.00%)
QEWS 12.41 -0.10 (-0.80%)
MPHC 0.96 0.01 (1.05%)
Saudi Steel Pipe wins key Aramco supply contract

14/10/2026

Saudi Steel Pipe Company (SSP) has announced that it has secured a SAR177 million ($46.4 million) contract to supply steel pipes for oil and gas to Saudi oil giant Aramco.

A major player in

Trade Arabia

Aramco Digital, OrbitronAI sign AI partnership to help industrial firms recover lost value

14/10/2026

Aramco Digital and OrbitronAI today announced a strategic commercial partnership to co-develop, deploy and commercialise AI solutions designed to help asset-intensive industries identify and recover

Trade Arabia

Burgan Bank concludes financial literacy workshops for Academy X students at AUK

14/10/2026

Reaffirming its role in promoting financial literacy among youth and its commitment to social responsibility and ESG principles, and in line with its 'Driven by You' philosophy, Burgan Bank announced

Trade Arabia

Digital. Intelligent. Resilient.: ZainTECH evolves brand promise 'What's next is now'

14/10/2026

To accelerate the next phase of its growth, ZainTECH, the integrated digital solutions arm of Zain Group, has evolved its brand promise to 'What's next is now,' reflecting the meaningful business out

Kuwait Times

Saudi Aramco Targets 80% Growth in Gas Sales by 2030

14/10/2026

Saudi Arabia is moving to expand its gas and liquefied gas production capabilities by developing facilities and infrastructure across the sector, amid growing demand for gas and its increasing role i

Asharq Al Awsat