The definition of investment Fund of Oman
The state investment Fund established in 2006 by the Sultan. Investment Fund of Oman (OIF) stated goals as a sovereign wealth Fund for the economic development of the country for investing globally in real estate and in public and private capital. Some of the largest investments include OIF in Ireland hotel hotels hotels United Arab Emirates Dubai Mercantile exchange, and Quippo infrastructure equipment India, nimbus communications and housing development Finance Corporation.
Breaking down the ‘investment Fund of Oman
Although its economy is heavily dependent on oil, reduction of its stocks forced it to diversify. He is a member of the cooperation Council of Persian Gulf countries, political, economic, social and regional organization of six member countries of the Persian Gulf: Bahrain, Qatar, Kuwait, Oman, Saudi Arabia and the United Arab Emirates.