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Oman News

Oman Investment Authority denies rumours, says it did not pump money into Salam Air

OIA has also clarified that it has no relationship with Salam Air.

TAS News Service

info@thearabianstories.com

Saturday, May 1, 2021

MUSCAT: Oman Investment Authority (OIA) has denied rumours that it has pumped money into budget airline Salam Air.

According to a social media rumour that went viral on social media stated that OIA have requested to inject OMR 45 million into Salam Air due to the ongoing Covid-19 pandemic crisis. However, late on Friday night, OIA issued a statement rejecting the claims. OIA has also clarified that it has no relationship with Salam Air.

“The Omani Investment Authority was informed of what was circulated on social media about the Authority pumping sums of money into SalamAir, and the agency would like to state that this information is incorrect, and that the OIA has no relationship to the aforementioned company except for indirect shares owned by both ASAAS and Tanmia company.”

“OIA commends the public’s interest in this issue, and calls on everyone to verify the validity of any information before circulating it in a way that achieves the public interest and avoids all legal consequences.” OIA added.

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