November 15, 2022
Oman Investment Authority has raised its assets to $41.5 billion as the sovereign fund increased its holdings in real estate, technology, and logistics sectors, Bloomberg reported. This brings OIA’s managed assets to over 16 billion Omani rials ($41.6 billion) in 40 countries. The sultanate’s wealth fund also invests in stocks, bonds, and short-term assets, as well as in logistics, service sector, mining, and industrial projects, according to the fund’s newly-published 2021 annual review.
Read the original article in Arab News: Oman’s wealth fund raises assets to $41.5 billion spread over 40 countries