OIA Showcases Its Efforts in Promoting Corporate Governance

Muscat: Oman Investment Authority (OIA) today showcased its efforts in managing, monitoring, and guiding companies to achieve the goals of Oman Vision 2040. A presentation to this effect was made by Abdulsalam Mohammed Al Murshidi, Chairman of Oman Investment Authority (OIA), when the State Council hosted him.

According to Oman News Agency, during the session, Sheikh Abdulmalik Abdullah Al Khalili, Chairman of the State Council, stressed the importance of such meetings to enhance cooperation between government institutions and the State Council. These meetings, he said, highlight the programmes and initiatives implemented by institutions of the state, their goals, and their challenges.

Al Khalili explained that today’s meeting provided an opportunity to review the strategies, plans, and projects undertaken by the OIA, as well as the accomplishments. He pointed out that the meeting consolidates the role of the Council of Oman in following up on the commitment to the principle of governance.

The meeting reviewed OIA’s key objectives and efforts to develop the business environment and its contribution to meeting investment goals in line with the objectives of Oman Vision 2040. The OIA presentation also touched on global investment trends in the sectors of modern technology, urban expansion, green transition, patterns of consumption, and developments in supply chains.

The meeting looked into salient features of OIA’s performance in 2024, OIA’s investment portfolios, the geographical distribution of assets, and foreign investment objectives.