
Muscat: The Future Fund Oman, under the umbrella of Oman Investment Authority, signed today agreements for 105 new projects with a total value of OMR583 million. The Fund’s investment commitments amount to OMR225 million, alongside local investments totaling approximately OMR176 million.
The signing ceremony was held under the patronage of Dr. Hilal Ali Al Sabti, Minister of Health.
These projects are expected to attract approximately OMR182 million in foreign direct investment (FDI) and create 2,302 planned job opportunities. Of these, 568 positions have already been filled, reflecting the Fund’s role in supporting promising economic sectors, empowering the private sector, and fostering small and medium-sized enterprises (SMEs) as well as start-ups.
The strategic projects and investments span diverse sectors, including tourism, renewable energy, advanced industries, healthcare, medical technologies, and innovation.
This was unveiled during an event organized by the Fund to showcase its latest investments and projects, building on the momentum it has gained since its inception. The event also reinforced the Fund’s position as a key enabler for achieving the targets of Oman Vision 2040 by supporting economic diversification, empowering the private sector, catalyzing venture capital investment, and attracting foreign capital to high-potential sectors.
Mulham Basheer Al Jarf, Deputy Chairman of Oman Investment Authority for Investments, stated that the portfolio of projects and investments represents a practical translation of the Fund’s founding vision, namely directing investments toward national priority sectors, supporting initiatives and projects capable of adding value to the national economy, enhancing competitiveness, and opening new horizons for growth and innovation.
He explained that since its launch at the beginning of 2024, the Fund has worked to establish itself as an economic catalyst and a reliable, effective investment partner—by building strategic partnerships, supporting promising projects, and enabling the private sector to expand and participate in investment opportunities that contribute to economic diversification and the creation of new growth avenues.
Al Khattab Al Fadl Al Harthy, Senior Investment Officer at Future Fund Oman, announced that the Fund has invested OMR77 million in Vivo Capital, a specialized healthcare investment fund. In the tourism sector, the Fund has invested OMR77 million in Certares, a global investment fund focused on tourism, travel, and hospitality.
The Fund also announced the establishment of the Health Investment Fund with a capital of OMR50 million, serving as a strategic investment platform targeting high-impact opportunities within the healthcare sector.
He affirmed that these investments fall within Future Fund Oman’s strategy dedicated to supporting major projects aimed at strategic sectors of national priority. They further exemplify the Fund’s direction toward building specialized investment partnerships that attract global expertise, facilitate knowledge transfer, and enhance the competitiveness of promising economic sectors in the Sultanate of Oman.
The signing ceremony featured a panel discussion centered on the Future Fund Oman’s role as an economic catalyst, as well as an exhibition showcasing the Fund’s investment projects since its establishment to date.