Oman Investment Corporation

What Oman Investment Corporation does

Oman Investment Corporation (OIC) is a private, for-profit investment and development entity headquartered in Muscat, Oman, founded in 2005. Per its own brief description, it is involved in the investment and development of projects intended to enhance Oman's economic development, placing it within the family of Oman-based national or quasi-national development investors. The company operates with a lean team of 11-50 employees under a three-person executive leadership: Kalat Al-Bulooshi (CEO), Cyrus E. Cooper (Partner, COO/CFO), and Tareq Al-Mugheiry (Chief Investment Officer).

The available source material does not disclose a productized offering, a technology platform, a pricing or fee structure, or a customer/portfolio list. The company's website (oic.om) is accessible but renders only a verification/loading page, and no app, API, integrations, patents, certifications, or AI/ML capabilities are recorded. Ownership structure is not explicitly stated; however, contextual references to Oman's Minister of Commerce, Industry and Investment Promotion suggest possible government affiliation, though this is not confirmed in the source.

The single substantive signal in the data is OIC's association with the India-Oman Comprehensive Economic Partnership Agreement (CEPA), signed in Muscat in December 2025 (not yet implemented as of April 2026). CEPA provides duty-free access on 98% of Indian exports to Oman and tariff reductions on Omani products such as dates, marbles, and petrochemicals. The India-Oman bilateral trade context totaled approximately $10.5 billion in 2024-25. No revenue, funding, M&A, or deal-flow data is disclosed for OIC itself.

Name

Oman Investment Corporation

Legal name

Oman Investment Corporation

Website

https://oic.om

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Oman Investment Corporation is a private Muscat-based investment and development entity founded in 2005 that finances projects intended to enhance Oman's economic development, with contextual alignment to the India-Oman CEPA bilateral trade corridor.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

All Other Financial Investment Activities (52399), Other Financial Investment Activities (5239), Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599)

SIC

Investment Advice (6282), Investors, Nec (6799), International Affairs (9721)

akta.pro primary industry

Investment Promotion & FDI Facilitation (BPADAMAD)

akta.pro secondary industries

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Infrastructure — Development (Greenfield) (FSAAAKAF)

Keywords

• Investment management
• Project development
• Economic development
• Sovereign investment
• Bilateral trade facilitation

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

Core offering

Oman Investment Corporation invests in and develops projects intended to enhance economic development. The company operates as an investment vehicle that deploys capital into initiatives aimed at supporting broader economic growth, including cross-border trade facilitation between Oman and partner countries such as India under frameworks like the Comprehensive Economic Partnership Agreement (CEPA).

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Duty-free access to 98% of India's exports to Oman

Segments1 record

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• India-Oman Comprehensive Economic Partnership Agreement (CEPA)coreStrategic or Co-development Partner · 1 December 2025A bilateral trade agreement signed in Muscat in December 2025 (not yet implemented as of April 2026) that will provide duty-free access to 98% of India's exports including textiles, agricultural and leather goods to Oman, while India will reduce tariffs on Omani products such as dates, marbles, and petrochemical items.

Scale indicators1 record

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• Mubadala Investment Company: UAE sovereign investor with a broad portfolio spanning infrastructure, energy, and strategic sectors across the Gulf. Comparable in investment promotion mandate and government affiliation, but at vastly greater scale and geographic reach.
• Public Investment Fund (PIF): Saudi Arabia's sovereign wealth fund and primary vehicle for domestic and international investment promotion. Comparable as a state-affiliated investment promotion entity, though far larger and with a global mandate.
• Abu Dhabi Investment Authority (ADIA): One of the world's largest sovereign wealth funds, also a government-affiliated investment entity operating from the Gulf. Comparable category but at substantially greater scale and global footprint.

Regional players

• Saudi Arabia General Investment Authority (MISA): Saudi Arabia's investment licensing and promotion authority. Comparable mandate in facilitating inbound investment into a GCC economy, but serves a different national jurisdiction than OIC.
• Bahrain Economic Development Board (EDB): Bahrain's investment promotion authority with a comparable mandate to attract FDI and facilitate bilateral economic partnerships in the GCC. Regional peer in investment promotion rather than direct head-to-head competitor.
• Qatar Investment Promotion Agency (IPA Qatar): Qatar's investment promotion arm, similarly structured to attract FDI and support national economic diversification. Comparable regional peer with overlapping but geographically distinct mandate.
• Kuwait Direct Investment Promotion Authority (KDIPA): Kuwait's national authority for attracting foreign direct investment. Comparable function and regional scope but does not compete for Oman's bilateral mandates.

Others

• National Development Company (NDC) Kuwait: Kuwaiti government-affiliated investment holding company with a domestic development mandate. Comparable as a state-affiliated regional investment entity, though focused on Kuwaiti assets.

Direct peers

• Ithraa (Public Authority for Investment Promotion and Export Development): Oman's official national investment promotion agency, also headquartered in Muscat, which directly competes with OIC for inbound FDI mandates and bilateral trade facilitation roles. Most direct peer given overlapping scope.
• Oman Investment Authority (OIA): Oman's sovereign wealth fund, also headquartered in Muscat and government-affiliated. Operates in the same investment promotion and capital deployment space at materially larger scale, competing for the same state-driven mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/OIC_OM
• LinkedInlinkedin.com/company/oman-investment-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Oman Investment Corporation