Oman launches $5.2bn 'Future Fund Oman' for economic development and foreign investment.
Oman Investment Authority (OIA) has launched a $5.2bn 'Future Fund Oman' to support economic development and attract foreign investment. Designated for deployment over five years, 90% of the fund will be invested in large-scale projects, 7% in SMEs and 3% in startups. The fund aims to support sectors including tourism, manufacturing, green energy, fishing, agriculture, ports, logistics, mining and ICT.
March 27, 2024
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