The recently published Oman Investment Authority (OIA) first annual report highlights seven joint ventures entered into by the authority with Arab and non-Arab countries, giving the nation an edge in promising markets.

Mulham Basheer Al Jarf, OIA Acting Deputy President for Investment said that these strategic projects help the Sultanate of Oman to further promote its relations with Arab and non-Arab countries, and get into strategic partnerships that serve the interests of all parties. He added that OIA has successfully entered into seven joint ventures since its inception and together made some good results in the form of promising additional investments, yields from timely exits, increased capital and directing some investments to new areas.