Oman Investment Authority

What Oman Investment Authority does

Oman Investment Authority (OIA) is the Sultanate of Oman's sovereign wealth fund, established in 2020 to consolidate state-owned investment entities under a single authority and execute Oman Vision 2040. It manages approximately USD 60 billion in assets across multiple vehicles, including the Future Generation Fund (which holds positions through 210 investment funds across North America, Europe, and Asia), the National Development Fund, the $5.2 billion Future Fund Oman co-investment programme, and sector-specific arms ITHCA Group (ICT and semiconductors) and Oman Food Capital (food security).

OIA's investment footprint spans renewable energy (United Solar Polysilicon, Orion Solar), semiconductors and deep tech (GSME, Lumotive, Movandi, Neuralink), food security (JBS Oman), tourism (Vinpearl), digital infrastructure (Uzum, REAL Finance), defence (Tekatron via the Turkish-Omani JV), and bilateral joint investment companies with Jordan, India, Turkey, Vietnam, Uzbekistan, and Belarus. OIA ranks third globally among sovereign wealth funds for ROI and first for public market returns, posting approximately USD 7.8 billion in profits in 2025 at a 14.6% return, with 73% cumulative asset growth since 2020.

The fund earns revenue through investment returns and capital gains from public equities, private equity, venture capital, and strategic sector-specific investments, supplemented by management fees and carried interest on the Future Fund Oman co-investment programme. OIA does not publish pricing or fees; terms are negotiated bilaterally with co-investors and external fund managers, and the divestment programme has completed 24 exits generating more than USD 7.3 billion since 2022 for reinvestment.

Name

Oman Investment Authority

Legal name

Oman Investment Authority (جهاز الاستثمار العماني)

Website

https://oia.gov.om

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

251–500 employees

Short description

Oman Investment Authority is Oman's sovereign wealth fund, managing roughly $60 billion across public and private investments and sector-specific arms (ITHCA, Oman Food Capital, Future Fund Oman) to diversify the economy under Oman Vision 2040. It deploys capital through bilateral joint ventures, co-investment programmes, and partnerships across 52 countries, serving the Omani state and international institutional partners.

Ownership category

akta.pro rank

Product category

Sovereign Wealth Fund / Institutional Asset Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), All Other Financial Investment Activities (52399), Other Investment Pools and Funds (5259), Open-End Investment Funds (525910)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Sovereign Wealth Funds (SWFs) (FSAAAGAD)

akta.pro secondary industries

Infrastructure & Project Finance Private Debt (FSANADAH), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Public Asset & Investment Management (BPAIAEAG), Private Credit — Infrastructure Debt & Project Finance (FSAHAJAJ)

Keywords

• Sovereign wealth fund
• Investment management
• Sovereign asset allocation
• Economic diversification investing
• Institutional capital deployment

Headquarters

HQ city

Muscat

HQ country

Oman

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Investment returns and capital gains: OIA generates returns through dividends, capital appreciation, and divestment proceeds from its investment portfolio spanning public equities, private equity, and strategic sector investments.
2. Future Fund Oman co-investment program: Future Fund Oman (a $5.2 billion fund created by OIA) co-invests alongside domestic and international partners including SMEs across priority sectors, generating management fees and carried interest on successful exits.

Distribution channels4 records

Marketing channels6 records

Core offering

Oman Investment Authority is Oman's sovereign wealth fund that deploys state capital across public markets, private equity, venture capital, bilateral joint investment vehicles, and sector-specific strategic funds. It manages approximately USD 60 billion across 52 countries through vehicles including the Future Generations Fund, National Development Fund, Future Fund Oman ($5.2 billion program), ITHCA Group (ICT/semiconductors), and Oman Food Capital, with the explicit mandate of diversifying Oman's economy away from hydrocarbons under Oman Vision 2040.

Product overview

Oman Investment Authority (OIA) is the Sultanate of Oman's sovereign wealth fund, operating as a strategic investment authority rather than a technology product company. OIA's investment portfolio encompasses multiple fund vehicles and investment programs including the Future Generation Fund (holding stakes across North America, Europe, and Asia through 210 investment funds), the National Development Fund, and the Future Fund Oman ($5.2 billion five-year investment program focused on economic diversification). OIA's investment arms include Oman Food Capital (food security investments), ITHCA Group (ICT and semiconductor investments), and Oman Food Investment Holding. The authority manages investments across diverse sectors including renewable energy, manufacturing, tourism, healthcare, logistics, technology, mining, and defense technology. OIA does not offer commercial software products or technology platforms in the traditional sense; its 'products' are investment vehicles, fund structures, and economic development programs aligned with Oman Vision 2040.

Differentiator

Problem solved

Functional benefit

Brands

• Future Fund Oman: Investment fund launched in 2024 with $5.2 billion five-year investment program for economic diversification
• Future Generations Fund
• ITHCA Group
• Oman Food Capital

Products and services

• Future Generations Fund
• National Development Fund
• Future Fund Oman
• ITHCA Group
• Oman Food Capital

Quantifiable outcome

• 14.6% return on investment in 2025, ranking third globally among sovereign wealth funds and first globally for public market returns
• +5 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered minor, flagship and core.

• Madagascar (Government of Madagascar)minorStrategic or Co-development Partner · 21 July 2026President of Madagascar received OIA's President at Iavoloha Palace in Antananarivo to explore economic and investment cooperation prospects across various sectors, with both delegations affirming commitment to expanding bilateral relations in ways that serve mutual interests.
• Cambridge Innovation Center (CIC)flagshipStrategic or Co-development Partner · 19 July 2026Terminal 11, an Omani innovation hub backed by OIA through Future Fund Oman, signed a strategic partnership with Cambridge Innovation Center to join the CIC Global Network. The partnership connects Oman's innovation ecosystem with one of the world's leading innovation communities, providing access to CIC's 26+ years of experience, global network of entrepreneurs, startups, corporations, investors, universities, and government organisations, aiming to attract investment to Oman and support its regional innovation hub vision.
• Uzbekistan (via UzOman Capital)minorStrategic or Co-development Partner · 1 July 2026OIA's Deputy Head met with Uzbekistan's First Deputy Minister of Foreign Affairs in Muscat to discuss expanding investment cooperation through UzOman Capital, a joint Uzbek-Omani investment company, exploring joint projects in industry, logistics, agriculture, tourism, and banking.
• XCyber (international arm of China's QAX group)flagshipStrategic or Co-development Partner · 13 June 2026XCyber, the international arm of China's QAX cybersecurity group, partnered with OIA to develop national-level cybersecurity monitoring capabilities, localised security products, and Oman-based security services, with a three-pronged strategy aligned to Oman Vision 2040's digital transformation goals.
• Libya (Libyan government delegation)minorStrategic or Co-development Partner · 8 April 2026OIA's Chairman received a high-level Libyan delegation in Muscat to explore investment opportunities across priority sectors including food security, infrastructure, renewable energy, and healthcare, reflecting Oman's efforts to diversify under Vision 2040 and Libya's outreach for economic recovery.
• Belarus (Oman–Belarus Joint Committee)minorStrategic or Co-development Partner · 1 April 2026OIA led the Omani delegation at the inaugural Oman–Belarus Joint Committee meeting in Muscat, discussing cooperation across industry, agriculture, healthcare, and tourism, with both sides exploring establishment of a joint investment fund and a Belarusian logistics hub in Oman.
• ITHCA Group (OIA's ICT investment arm)flagshipStrategic or Co-development Partner · 23 March 2026OIA, through its ICT investment arm ITHCA Group, invested RO 14.63 million ($38 million) across three US-based semiconductor companies — GSME for semiconductor design, Lumotive for programmable optics, and Movandi for 5G and RF chip solutions — establishing operational centers in Oman, training 92 Omani graduates with 67 employed in chip design roles.
• JBS (Brazilian food giant)flagshipStrategic or Co-development Partner · 16 February 2026OIA, through its food investment arm Oman Food Capital, entered a $150 million strategic partnership with JBS, the world's largest meat producer, to operate meat and poultry facilities (A'Namaa Poultry and Al Bashayer Meat) with combined capacity of 300,000 tonnes annually. JBS holds 80% majority stake; OIA retains 20%. The partnership aims to reduce Oman's food import dependence and establish it as a regional halal export hub.
• Shuangliang Hydrogen (Chinese equipment supplier)coreTechnology or Integration · 7 February 2026Chinese equipment supplier Shuangliang Hydrogen provided key production technology for United Solar Polysilicon's $1.6 billion polysilicon manufacturing facility in Sohar Freezone, linking PV supply chains across Europe, Africa, and Asia.
• Svitzer (via ASYAD Group)coreStrategic or Co-development Partner · 3 February 2026OIA launched a tugboat manufacturing initiative via ASYAD Group with Svitzer as part of four major industrial projects worth RO 935 million during the first month of Oman's 11th Five-Year Development Plan.
• MAK Group (Germany) with OQ GroupcoreStrategic or Co-development Partner · 3 February 2026OIA supported a PTA/PET petrochemical complex by OQ Group with Germany's MAK Group, one of four major industrial projects worth RO 935 million launched during the first month of Oman's 11th Five-Year Development Plan.
• Deepak (India) with OQ Base IndustriescoreStrategic or Co-development Partner · 3 February 2026OIA supported a specialty chemicals facility by OQ Base Industries in partnership with India's Deepak, one of four major industrial projects worth RO 935 million launched during the first month of Oman's 11th Five-Year Development Plan.
• Youth, startups, SMEs and innovators (via Hamat programme)coreStrategic or Co-development Partner · 29 December 2025OIA launched the 'Hamat' programme to support socioeconomic projects in Oman, engaging youth, startups, SMEs, and innovators across three main tracks focusing on tourism, real-world sector challenges, and research collaboration. Phases include workshops, bootcamps, and incubation.
• Mongolia (Government of Mongolia)minorStrategic or Co-development Partner · 6 August 2025Mongolia's Foreign Minister hosted OIA President Abdulsalam bin Mohammed Al Murshidi in a high-level meeting exploring cooperation in trade, investment, mining, agriculture, and renewable energy. Both governments agreed to explore establishing a joint investment fund with a first pilot project expected to commence soon.

Scale indicators9 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Abu Dhabi Investment Authority (ADIA): One of the world's largest sovereign wealth funds, investing globally across public and private markets. Direct peer as a GCC SWF with similar multi-asset, multi-geography mandate and global institutional co-investment model.
• Mubadala Investment Company: UAE sovereign investor deploying capital domestically and internationally across sectors including semis, renewables, and healthcare. Direct peer given regional SWF status, sector thematic funds (e.g., MGX, ATIC legacy), and bilateral co-investment playbooks overlapping OIA's.
• Public Investment Fund (PIF): Saudi Arabia's sovereign wealth fund and a key driver of Vision 2030 diversification. Direct peer as a GCC SWF using state capital to build domestic champions (lucid, NEOM-related) and investing internationally in tech, sports, and infrastructure.
• Qatar Investment Authority (QIA): Qatar's SWF investing across alternatives and direct stakes in global brands. Direct peer in scale, GCC regional positioning, and appetite for trophy international assets plus domestic diversification mandates.
• Kuwait Investment Authority (KIA): One of the oldest sovereign funds globally, managing the Kuwait Investment Office's London-listed book plus the Future Generations Fund. Direct peer in operating long-horizon savings/generational portfolios alongside active development mandates, similar to OIA's split between Future Generations Fund and Future Fund Oman.
• GIC (Singapore): Singapore's sovereign wealth fund managing public and private market portfolios for long-term returns. Direct peer as a globally diversified institutional SWF that allocates to PE/VC funds (e.g., Khosla, Thoma Bravo mentioned in OIA's 210-fund book) and direct deals at scale.
• Temasek Holdings: Singapore state-owned investor with a more activist, direct-stakes-heavy portfolio. Direct peer as a sovereign investor co-appearing in deals such as the SeaTown/Vinpearl transaction alongside OIA, and operating comparable sector/thematic strategies.
• Norges Bank Investment Management (NBIM): Manager of Norway's Government Pension Fund Global, the world's largest SWF. Direct peer as a globally diversified sovereign investor recognized for transparency and benchmark-driven public-market returns, against which OIA's first-place public market ranking is benchmarked.

Emerging players

• Saudi Arabia's Sanabil Investments: Sanabil is the direct-investment arm under PIF, investing in venture capital and growth funds globally. Comparable as a state-backed allocator distributing LP commitments across the same global VC/PE ecosystem (Khosla, Blackstone, Thoma Bravo) that OIA taps through its 210 funds.

Others

• International Finance Corporation (IFC): World Bank Group's private-sector arm, acting as development financier and co-investor in OIA-backed deals (e.g., $480M United Solar). Adjacent peer as a multilateral co-investor shaping deal structure alongside sovereign capital in emerging-market infrastructure and growth.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/oman_oia
• YouTubeyoutu.be/QLgXcq3zjOI?si=CNvkO6frPmH87StU
• Facebookfacebook.com/share/fv6voeRdyPFqfDMb/?mibextid=LQQJ4d
• LinkedInlinkedin.com/company/oman-investment-authority
• Instagraminstagram.com/spacebyoia

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oman Investment Authority