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Oman News

His Highness Sayyid Theyazin to patronise Sovereign Wealth Fund summit with global leaders

His Highness Sayyid Theyazin bin Haitham Al Said, Minister of Culture, Sports, and Youth, to officially open the annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF).

TAS News Service

info@thearabianstories.com

Saturday, November 2, 2024

MUSCAT : The Sultanate of Oman, represented by the Oman Investment Authority (OIA), is hosting this landmark gathering, which brings together more than 50 heads and members of sovereign wealth funds from 46 countries worldwide.

This year’s meeting is set to be the largest since the forum’s inception in 2009, featuring prominent speakers from around the globe. Among them is tech visionary Elon Musk, CEO of SpaceX and Tesla, who will deliver his address virtually. Joining him are Robert Smith, American businessman and investor; Antonio Crassis, CEO of Valor; and Yan Yu, legal advisor to the International Monetary Fund. Together, they will discuss key investment themes shaping the future, including energy transformation, artificial intelligence, supply chains, and governance, with an emphasis on the social impact of these investments.

The conference will also provide a platform for discussions among top executives on contemporary global challenges. Attendees will explore pressing issues affecting the sector, exchange insights on economic trends, and address the complexities surrounding investment and sustainability.

Since attaining full IFSWF membership in 2015, the Oman Investment Authority has positioned itself among sovereign wealth funds managing a collective $8 trillion—approximately 80 percent of global sovereign fund assets.


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