SHAREHOLDERS

Al-Futtaim Group, the major shareholder of OTIC with 60% shares. The group was founded more than 70 years ago establishing itself regionally as an integrated commer­cial, industrial and services organization. Today, it operates over 40 companies targeting many market segments. It has expanded its sphere of operations to include Bahrain, Ku­wait, Qatar, Oman, Syria ,Turkey, Singapore, Libya and Egypt.

Abu Dhabi Islamic Bank (ADIB), holds 20% shares in the company. The bank has almost 90 branches all over the country. (It will no longer be known as NBD since Abu Dhabi Islamic Bank bought it.)

Union National Bank (UNB), one of the promising banks, holds 20% shares in the company with an expansion plan of opening 31 branches in Egypt by April 2010.