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Oman Investment Authority

From Wikipedia, the free encyclopedia
Sultanate of Oman
Oman Investment Authority (OIA)
جهاز الاستثمار العماني
Agency overview
Formed2020
JurisdictionGovernment of Oman
HeadquartersMuscat
Agency executive
  • Abdul Salam Al-Murshidi
Parent agencyGovernment of Oman
Websitehttp://www.oia.gov.om/

Oman Investment Authority (OIA) is the investment arm of the Sultanate of Oman, established by Royal Decree No. 61/2020. It is a sovereign wealth fund operating as an autonomous legal entity with complete financial and administrative independence, reporting directly to the Council of Ministers.

The OIA's board is chaired by Sultan bin Salem al-Habsi, the Minister of Finance.

The OIA has introduced the Future Fund Oman with the aim of attracting foreign investment and enhancing investments in local small and medium-sized enterprises (SMEs) with a 2 billion Omani Rials (OMR) budget utilized over a span of five years.[1]

References

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  1. ^ Nuaimi, Ali Rashid Al; Observer, Oman Daily. "Future Fund Oman to boost investment". www.zawya.com. Retrieved 2024-03-31.

See also

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