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Oman News

Oman Investment Authority reviews corporate governance, investment strategies at State Council meeting

The Oman Investment Authority (OIA) engaged with the State Council today to review its efforts in managing, monitoring, and governing state-owned companies, aligning with the ambitious goals of Oman Vision 2040

TAS News Service

info@thearabianstories.com

Monday, June 30, 2025

MUSCAT – Chaired by His Excellency Abdulsalam bin Mohammed Al Murshidi, Chairman of the Authority, the meeting highlighted the OIA’s strategic direction and its contributions to strengthening the Sultanate’s investment landscape.



His Excellency Sheikh Abdulmalik bin Abdullah Al-Khalili, Chairman of the State Council, emphasised the importance of these meetings in strengthening cooperation between government institutions and the State Council. He emphasised that these meetings are vital for gaining insights into the programmes and initiatives implemented by various institutions, their objectives, and the challenges they face. He noted that the session enabled members to review OIA’s strategies and achievements while reinforcing the principle of governance.


The meeting reviewed the Authority’s key objectives, mandate, and efforts to develop the business environment, its contribution to achieving the Sultanate of Oman’s investment goals in line with the objectives of Oman Vision 2040, and global investment trends in the sectors of modern technology, urban expansion, green transformation, consumption patterns, and supply chain transformations.
The meeting also addressed the most prominent features of the Authority’s performance in 2024, the investment portfolios it manages, the geographical distribution of assets, the Future Generations Portfolio and its developments for 2024, and foreign investment objectives.

The meeting addressed latest updates to the National Development Portfolio for 2024, the OIA’s corporate governance framework, and initiatives to enhance the performance of its subsidiaries. The Authority’s Chairman also highlighted several key programme, including the Rawabet Program, the Oman Future Fund, and the Authority’s ongoing efforts in human capital development.

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