Oman Investment Fund
Definition of 'Oman Investment Fund'A state-owned investment fund established in 2006 by the Sultan. Oman Investment Fund's (OIF) stated goals as a sovereign wealth fund are to enhance the country's economic development by investing globally in real estate and in public and private equity. Some of OIF's largest investments include |
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Investopedia explains 'Oman Investment Fund'Although its economy is heavily dependent on oil, its declining reserves are forcing it to diversify. It is a member of the Gulf Co-Operation Council, a political, economic, social and regional organization of six |
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