The company has invested R.O 25 M in the development of Permanent Accommodation for Contractors (PAC) facilities under contract to Petroleum Development Oman LLC (PDO) at Fahud (672 rooms), Nimr (672 rooms). The facilities include every amenity for messing, accommodation, recreational and medical care.
Ever since the commencement of PACs commercial operations in September 2000, the company have posted steady growth.
Through commitment and professionalized services SHC have won the heart of its business community and today the management can proudly state that the company has established its mission of “Building an Oasis in the Desert”.
Sahara Hospitality Co. SAOG (SHC) is a joint stock company listed on the Muscat Securities Market in the Sultanate of Oman.
The founding objective of the company is to build, own and operate permanent accommodation for the contractor community of Petroleum Development Oman LLC (largest oil producer in Sultanate of Oman) on contract basis.
The Board of Directors of M/s Sahara Hospitality Co. SAOG, in its' meeting held on January 18, 2017, recommended a dividend of 15% (RO.0.150 per equity share) for the financial year 2016, subject to shareholders' approval