Oman’s OIA explores strategy in managing its National Development portfolio

Oman’s OIA explores strategy in managing its National Development portfolio

Oman Investment Authority (OIA), the sovereign wealth fund in Oman, has organized the Rawabet fifth forum as part of its governance initiatives to improve the overall performance of its enterprises and create better alignment and integration.

The forum began with an overview presentation discussing OIA’s strategy in managing its National Development portfolio, which is built on eight main strategic priorities that include financial sustainability, selective growth, contribution to the GDP, attracting private investors, divestment, In-country Value (ICV), synergies and implementation of the governance framework. The Rawabet program was launched by OIA in September 2020.

According to the reports, the forum featured presentations from 12 OIA companies, including Omran Group, Oman Air, Oman Airports, Asyad Group, Oman Food Investment Holding Company (OFIC), Fisheries Development Oman (FDO), OQ, Mining Development Oman (MDO), Oman Environmental Services Holding Company (be’ah), Namaa Group, and Oman Liquefied Natural Gas (Oman LNG).

Abdulsalam Al Murshidi

President – OIA “There are indicators of growth in OIA’s National Development Portfolio. Currently, two sectors contribute to the profitability of this portfolio, most prominently the energy sector, followed by the logistics sector. There are indicators of the increased contribution of several other sectors in the National Development Portfolio in the upcoming years including tourism, food,