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Oman News

Photo Credits: ONA

Oman Investment Authority reports over RO 20 billion in assets, RO 1.585 billion in profits for 2024

The Oman Investment Authority (OIA) has announced its financial results for 2024, revealing that its total assets have exceeded RO 20 billion, following a year marked by strong profitability and fiscal contributions.

TAS News Service

info@thearabianstories.com

Sunday, June 22, 2025

Muscat: During its annual media briefing, the Authority reported estimated profits of RO 1.585 billion for the year and confirmed a contribution of RO 800 million to the state budget.

The OIA also revealed that it repaid more than RO 1.846 billion in debts owed by its subsidiaries, and reduced government guarantees by RO 1.3 billion.

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