Oman Investment Authority Forms Largest IPO As Part Of Divestment Strategy » World Business Outlook

Oman Investment Authority (OIA), Oman’s sovereign wealth fund, has announced the Initial Public Offering (IPO) for 25% of the shares of OQ Exploration & Production, a subsidiary of OQ Group, which is fully owned by OIA. This IPO is set to become the largest in Oman’s history on the Muscat Stock Exchange.

According to Industry…