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Oman Investment Authority

Sovereign wealth fund of Oman From Wikipedia, the free encyclopedia

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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.

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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]

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