Oman Investment Authority
Sovereign wealth fund of Oman
From Wikipedia, the free encyclopedia
Oman Investment Authority (OIA; Arabic: جهاز الاستثمار العماني) 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.
Formed2020
Headquarters
Agency executives
- Sultan bin Salem al-Habsi, Chairman
- Abdul Salam Al-Murshidi, President
Parent agency
Government of Oman| جهاز الاستثمار العماني | |
| Agency overview | |
|---|---|
| Formed | 2020 |
| Headquarters | |
Agency executives |
|
Parent agency | Government of Oman |
| Website | http://www.oia.gov.om/en |
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]