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AFAI – Al Fajar Al Alamia Company SAOG

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Al Fajar Al Alamia Company SAOG is an Oman-based company, which is engaged in the manufacture of industrial explosives and trading in explosives accessories. The Company’s principal activities is the manufacture, packaging and storage of ammonium nitrate/fuel oil ( ANFO ) and Emulsion explosives; the import and storage of initiating systems and drilling accessories and when necessary, of ANFO and Emulsion explosives, as well as the delivery and sale, within Oman and for export, of all products manufactured or imported by the Company. The Company’s explosive products are used in quarrying, mining, trenching for pipelines, road cuts and harbor/breakwater development. Its customers are mainly drilling and blasting companies and civil engineering contractors and quarry operators.

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