Decreed by Sultan Haitham bin Tariq al-Said
Oman to set up multi-billion-dollar investment fund
The 5.2 billion-dollar Oman Future Fund will allocate a percentage of its capital to stimulate the venture investment system in small, medium, and emerging firms registered with Oman's SMEs Development Authority.
Wednesday 31/05/2023
Decreed by Sultan Haitham bin Tariq al-Said
DUBAI - Oman will establish an investment fund with capital of 2 billion Omani rials ($5.2 billion), the state news agency reported on Wednesday, citing a decree by Sultan Haitham bin Tariq al-Said.
The Oman Future Fund will allocate a percentage of its capital to stimulate the venture investment system in small, medium, and emerging companies registered with Oman's SMEs Development Authority, the decree added.