The Oman Investment Fund (OIF) is a sovereign wealth fund,established in 2006 in accordance with a Royal Decree of His Majesty the Sultan of Oman. The Fund makes medium to long-term investments, globally and domestically, to diversify the government of Oman's asset base and create a pool of sustainable cash flows for the Sultanate. Currently, the OIF's assets under management are estimated at approximately US$6 billion.
The OIF was established in 2006 and was the successor to the Oman Oil Fund, which was formed in 1993 to invest in the domestic oil industry. OIF further received an additional US$1 billion from the Omani government expanding its Assets Under Management.
It prefers to invest in tourism, travel and leisure, financial services, utilities, media and entertainment, telecom infrastructure, mining, fishing, industrial goods and services, industrial transportation, and engineering sectors. The firm invests within and outside Oman and across the globe.