OIA launches Rawabet programme to boost corporate governance

  • Date: 27-Sep-2020
  • Source: Times of Oman
  • Sector:Economy
  • Country:Oman
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OIA launches Rawabet programme to boost corporate governance

Muscat: The Oman Investment Authority (OIA) launched a special programme ‘Rawabet', as a direct link between the Authority and its companies to enhance their corporate governance and align their policies with Oman Vision 2040.This follows a recent meeting between Chairman of the Board, and President of Oman Investment Authority (OIA), with the Chairmen of Boards of its affiliated companies. The programme will help OIA's affiliated companies focus on developing sources of economic diversification and enhancing non-oil revenues' contribution to national GDP and attract foreign direct investment to the Sultanate.‘Rawabet' also aims to shed light the private sector's role in developing the Omani economy and promoting successful partnership in local value-added investments, in addition to promoting the securities markets, developing the national workforce, and working on the continuous development of different