Uzbek-Oman Investment Company

Welcome to Uzbek-Oman Investment Company – a trusted partner in fostering economic growth and strengthening business ties between Uzbekistan and Oman.
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About UzOman

We Build the Future Through Innovation and Strategic Investments

Established in 2009 as a partnership between Uzbekistan Fund for Reconstruction & Development (UFRD) and Oman Investment Authority (OIA). Committed capital: US $500 million, managing over US $250 million in assets. Among the first foreign direct investors in Uzbekistan, adhering to top governance standards.
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Core Values:
Excellence, Integrity, Teamwork, Innovation, Dedication.

What We Stand For

Vision
Be the leading contributor to the investment climate of Uzbekistan by fostering sustainable growth, attracting strategic investments, and supporting key industries that drive economic development and innovation.
Mission
Achieving long-term capital growth and delivering value to our stakeholders, while contributing to the development of the economy and playing a key role in strengthening the relationship between two economies
Portfolio Snapshot

Diverse portfolio, strong finances, reinvesting dividends for growth.

Retail/Shopping Mall
UzOman’s malls (Rivera, Samarqand Darvoza & Compass) have held a special place in the portfolio since our initial investment in 2019 not only because of the real value UzOman’s assets bring to the residents of the capital city, but also because of what we believe we can further do to enhance our visitors’ experience.
Real Estate / Business Centre
UzOman’s portfolio assets include three business centers in the center of Tashkent city, two of which are UzOman Tower and Simurg Business Centers, with a total GBA of 26,000 sqm, and the third one is Business Park, located in 114 Mahtumquli street, Tashkent with a total GBA of 11,056 sqm .
Universal Logistics
Services
UzOman’s corporate strategy is closely aligned with the government’s vision of enhancing logistics infrastructure and regional connectivity. In 2024, UzOman strengthened its presence in the logistics sector by increasing its participant share in Uzbekistan’s largest railway dry port complex. This includes Universal Logistics Services and the Chuqursoy Logistics Center, which collectively account for 20% of the market.
Hospitality
In January 2025, UzOman acquired a minority stake in a Ramada Encore hotel in Tashkent, which marked the Fund’s first investment in the hospitality sector.
Through our investment, we aim to contribute to the growth of regional tourism and creation of world-class experiences, leveraging the rich cultural heritage of Uzbekistan.
Financial Services
UzOman Company  actively invests in Uzbekistan's financial sector, contributing to its development and modernization. The company provides capital and expert support in the following areas: leasing services and insurance services.
Education
In 2024, Uzbek-Oman Investment Company took a strategic step by investing in the American University of Technology in Tashkent. This landmark project underscores our commitment to fostering education and innovation, aligning with our long-term vision of contributing to Uzbekistan's human capital development.

UzOman Timeline

2010
Presidential Decree and foundation of "Uzbek-Oman Investment Company."
2012
First investment project completed. Investment: 1.
2014
The second round of investment. Investments: 2
2015
Portfolio expanded to five assets. Investments: 2.
2016
Full tranche of USD100M invested.
Investments: 3.
2017
Additional USD 100M capital injection. Investments: 4.
2018
Investments in the real estate. Investment: 1
2019
Portfolio restructuring. Investments: 2. Exits: 2.
2021
Portfolio restructuring + investment in real estate. Investments: 2 follow-ups + 2 new. Exits: 4.
2022
High-yield follow-up investments.
Investments: 4 follow-ups. Exits: 2
2023
Public market portfolio launched.
Investments: 1:2 IPOs. Launched Management. Company: 1.
2024
Portfolio Restructuring. Investments: 1 follow-up + 4 new. Exit: 1
Statistics

Our Track Record

Through strategic planning, dedication, and strong partnerships, we have successfully implemented numerous high-impact projects that contribute to economic development and long-term value creation. Our track record demonstrates our ability to identify and capitalize on promising opportunities, ensuring sustainable growth and financial stability.


We continue to expand our reach and drive sustainable development through strategic investments and innovation.
us$
270
m
Net Asset Value (NAV)
+
2.000
Employees in the Group
13
Employees in the Group
11
Exited Investment Companies
6
Sectors Covered
Team

Management

UzOman is led by a strong and highly experienced Management and Investment Team
Experience
and Qualifications:
  • Chief Executive Officer at UzOman since 2023.
  • Over 13+ years of experience in M&A, transactions and legal advisory.
  • Holds a Bachelor of Law (LLB) from University of Hull, UK. Legal Practice Course (LPC) from the  University of Law, Manchester, UK.
Omar Bahram
General Director
Experience
and Qualifications:
  • Finance Director at UzOman since 2020.
  • Over 25+ years of experience in corporate finance and auditing realms.
  • Holds a Master’s degree in Financial Management with Honors, Tashkent State Technical  University.
Shokhrukh Nigmanov
Finance Director
Experience
and Qualifications:
  • Investment Director at UzOman since 2025.
  • Over 10+ of experience in private equity, public markets, and oil & gas. Proficient in Company  valuation, portfolio management, and financial modelling.
  • Holds an MBA and Bachelor’s degree in Finance, Sultan Qaboos University, Oman.
Mohammed Al Abri
Investment Director, CIO
Experience
and Qualifications:
  • Associate Investment Director at UzOman since 2025.
  • Over 7+ years of experience in management, financial modeling, budgeting, economic planning,  portfolio management, financial advisor and strategy consulting.
  • Holds an MBA in Financial Analysis, the George Washington University, USA.
Nabi Togaev
Associate Investment Director
Experience
and Qualifications:
  • Senior Investment Manager at UzOman since 2022.
  • Over 10+ years of expertise in business development, deal sourcing, and project financing.
  • Holds an MBA in Finance, Korea Advanced Institute of Science and Technology (KAIST),  Daejeon, South Korea.
Nurbek Darvishev
Deal and Relationship Senior Manager
Experience
and Qualifications:
  • Senior Legal Manager at UzOman since June 2023
  • Over 10+ years of experience in corporate law, M&A and legal consulting
  • Holds a Bachelor’s degree from Tashkent State University of Law and a Master’s degree in Business Law from Charles University in Prague.
Abror Sharustamov
Senior Legal Manager
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Let's Build strong future together

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