His Majesty issues Royal Decree establishing Oman Investment Institution – Times of Oman
- Date: 05-Jun-2020
- Source: Times of Oman
- Sector:Financial Markets
- Country:Oman
His Majesty issues Royal Decree establishing Oman Investment Institution – Times of Oman
Article (2) states that Oman Investment Institution shall have a board of directors to be formed under a Royal order of His Majesty the Sultan.. Article (3) states that a Royal decree shall promulgate the system (law) of Oman Investment Institution.. All employees of the State's General Reserve Fund and Oman Investment Fund shall be transferred to Oman Investment Institution, along with their current job status and financial dues..