Oman Investment Authority is the sovereign wealth fund of the Sultanate of Oman, managing over $50 billion in domestic and international assets to support economic diversification and safeguard public resources. Established to invest on behalf of current citizens and future generations, OIA oversees the Future Generation Fund and the National Development Fund alongside Future Fund Oman. The fund adheres to strict governance, risk and compliance standards and publishes open data for transparency.
OIA’s investment program combines direct stakes with limited partner commitments, working with global asset managers, private equity firms and venture funds to channel capital into sectors that reflect Oman Vision 2040 priorities. In addition to energy and technology, the authority invests in infrastructure, manufacturing, tourism, healthcare and agriculture, while enforcing in-country value requirements to boost local supply chains. Transparent reporting, internal audits and a whistleblowing policy reinforce ethical conduct and support long-term resilience by ensuring each decision supports national development goals.
Dedicated capital supports clean energy and battery technology ventures at scale. In 2024, Future Fund Oman teamed with Templewater to launch a $200 million Energy Transition Fund dedicated to renewable power, energy storage, e-fuels, green data centers and electric vehicles. Direct investments in Our Next Energy and Group14 Technologies back advanced battery materials and systems, while funding for the United Solar Polysilicon Plant at SOHAR Port underpins solar panel and battery supply chains. Through IDG Oman Fund, a collaboration with IDG Capital targeting ICT, renewable mobility and electric vehicle projects, the $180 million Jasoor Fund with ADQ, the $150 million ewpartners Technology Innovation Fund II, and a partnership with Golden Gate Ventures, OIA mobilizes foreign expertise and capital to strengthen Oman’s clean energy and low-carbon industries.
