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Oman

Business news and financial news from Oman, covering the biggest companies including Bank Muscat, Sohar International Bank, Omantel, OQ Gas Network Company and Bank Dhofar

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Oman’s wealth fund splits assets into two portfolios

The Oman Investment Authority has split its assets into local and foreign portfolios, the state news agency said on Sunday. Abdulsalam al-Murshidi, head of the Omani Investment Authority, said the “Generation Portfolio”, which consists of foreign assets and some local assets in various instruments including public and private markets, in addition to realestate, aims at […]

Oman’s sovereign wealth fund splits into two portfolios

The Oman Investment Authority (OIA) has split its assets into local and foreign portfolios. The “Generation Portfolio” consists of foreign assets including real estate aims at achieving the greatest returns for future generations. The “National Development Portfolio” is concerned with managing local assets and more than 160 Omani companies, and aims to contribute to the […]