MUSCAT: His Excellency Abdulsalam Al Murshidi who was appointed as the Chairman of Oman Investment Authority with the rank of a minister took the oath before His Majesty Sultan Haitham bin Tarik.
The oath ceremony was held at the Bait Al Barakah Palace on Thursday morning.
Al Murshidi was the Executive President of State General Reserve Fund and Chairman of Omantel.
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According to a Royal Decree issued on June 4, the newly established Oman Investment Authority will take over all the assets of the country’s two existing funds, the State General Reserve Fund (SGRF) and the Oman Investment Fund (OIF), as well as assets held by the Directorate General of Investments at the Ministry of Finance.
