Oman Investment Fund

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The Oman Investment Authority is a sovereign wealth fund, established in 2006 in accordance with a royal decree of His Majesty the Sultan of Oman. The fund was abolished in 2020 and all of its assets were transferred to the newly created Oman Investment Authority.

The Oman Investment Fund was established in 2006 and was the successor to the Oman Oil Fund, which was formed in 1993 to invest in the domestic oil industry. The fund received an additional US$1 billion from the Omani government expanding its assets under management.

Under a Royal Decree in June 2020, most of the country's sovereign wealth funds, including the Oman Investment Fund and State General Reserve Fund, were merged into the newly-established Oman Investment Authority.[1][2] Before its closure, the Oman Investment Fund had assets of roughly $3.4 billion.[2]

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