Oman Investment Authority advances economic growth with Oman Future Fund

Oman Investment Authority advances economic growth with Oman Future Fund

His Excellency Abdulsalam bin Mohammed Al-Murshidi, Chairman of the Oman Investment Authority, shared notable achievements this year, highlighting strides in augmenting investments, fostering development, reducing company debts, and elevating credit ratings.

The post Oman Investment Authority advances economic growth with Oman Future Fund appeared first on The Arabian Stories News.Muscat: Al-Murshidi emphasized the successful completion of six national projects, heralding the imminent commencement of the Oman Future Fund’s operations, poised to benefit various sectors in the upcoming period.Established under His Majesty’s royal directives last May with a capital of two billion Omani riyals, the Oman Future Fund aims to invigorate economic activity and stimulate the private sector’s participation in viable investment projects across diversified sectors. This strategic initiative aims to create an investment-friendly environment amidst global competition.For project funding approvals, a joint evaluation team comprising the agency, the Ministry of Finance, and other relevant parties will assess opportunities based on commercial viability, economic sustainability, and their potential to generate employment across targeted sectors. This strategic approach aims to foster economic growth and job creation in Oman’s investment landscape.

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