Total assets of Oman’s sovereign wealth fund, the Oman Investment Authority (OIA), increased by an estimated 7.4 percent year-on-year to reach OMR19.24 billion ($49.9 billion) in 2023, according to new figures.
A report issued by the OIA revealed that the return on investment for 2023 stood at 9.95 percent, the authority said in a post on X.
Driving economic growth and stability
The rise in numbers underscores the OIA’s role in driving…