Oman’s sovereign wealth fund Oman Investment Authority has launched a 2 billion Omani rial ($5.2 billion) fund to encourage investments in the private sector and in small and medium-size enterprises.
The Future Fund Oman, announced in May last year, aims to strengthen the sultanate’s economy by supporting diversification and attracting more foreign investment, Oman’s Ministry of Economy said in a statement on Wednesday.
It is expected to…