MB Holding
MB Holding Company LLC is an Omani conglomerate with interests in oil and gas exploration and production, oilfield services, engineering and mining. The company was founded in 1982 by Mohammed Al Barwani as an oilfield service provider to oil producers such as Petroleum Development Oman and Occidental Petroleum. It subsequently expanded into exploration and production and gained concessions in Oman, Egypt and Mozambique. MB's engineering arm is involved in the aerospace and defense industry. Its mining subsidiary, Mawarid Mining, was set up in 2000 and is the largest private mining company in Oman. Mawarid is the first private mining company to engage in copper and gold exploration in Oman. Musstir, the property development arm, specialises in the development of hotels. MB acquired Oceanco, a luxury yacht builder based in the Netherlands, in 2010. Its other investments include Nautilus Minerals (28 percent), an underwater mineral exploration company based in Canada, Al Madin ...
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Private Limited Company
A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Examples include the ''limited liability company, LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, ''GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and person ...
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