Oman Offers 36 Investment Opportunities for $4 Bn

The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)
The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)
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Oman Offers 36 Investment Opportunities for $4 Bn

The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)
The Omani Investment Authority (OIA) offers investment opportunities covering several sectors in the Sultanate (Asharq Al-Awsat)

Oman Investment Authority (OIA) announced 36 investment opportunities worth about $4 billion and covering various industries.

OIA’s Director General of Economic Diversification, Hisham bin Ahmed al-Sheedi, said these investment opportunities would potentially ensure better alignment and synergy between OIA and other government and private entities.

Sheedi noted that the opportunities are distributed across vital investment sectors, including technology, utilities (electricity), tourism, fisheries, food, mining, and health.

In an interview published in OIA’s first quarter 2023 newsletter, “Injaz & Ijaz,” Sheedi pointed out that the investments on offer were just an initial list likely to increase based on the current and future viability studies.

He noted that specialists in the lounge would explain investment opportunities to the investor as a first step.

The list features numerous IT projects such as programming, engineering solutions, blockchains, and tourism projects, including the 3rd phase of Yiti and Yankit Sustainable City, a multi-facility entertainment destination in Barka and a Logistic Gate project at the Economic Free Zone within Muscat International Airport.

The list also includes several food security and fisheries projects, including fish and shrimp farming, fattening tuna in large floating cages, three factories for canning and packaging marine products, and fish feed production.

The list contains mining projects such as industrial minerals, copper, magnesium, and silicon.



Israeli Strikes Kill 47 People in Eastern Lebanon

Rescuers evacuate bodies of victims from the site of an Israeli airstrike that targeted a house in the eastern Lebanese city of Baalbek on November 14, 2024. (Photo by Nidal SOLH / AFP)
Rescuers evacuate bodies of victims from the site of an Israeli airstrike that targeted a house in the eastern Lebanese city of Baalbek on November 14, 2024. (Photo by Nidal SOLH / AFP)
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Israeli Strikes Kill 47 People in Eastern Lebanon

Rescuers evacuate bodies of victims from the site of an Israeli airstrike that targeted a house in the eastern Lebanese city of Baalbek on November 14, 2024. (Photo by Nidal SOLH / AFP)
Rescuers evacuate bodies of victims from the site of an Israeli airstrike that targeted a house in the eastern Lebanese city of Baalbek on November 14, 2024. (Photo by Nidal SOLH / AFP)

Israeli strikes killed at least 47 people in eastern Lebanon on Thursday, a Lebanese official said.

Bachir Khodr, governor of Lebanon's Baalbek-Hermel province, said at least 47 were killed and 22 wounded in Israeli strikes in the Baalbek region.

Posting on X, he said rescue operations were underway.

Israeli attacks have killed at least 3,583 people and wounded 15,244 in Lebanon since October 2023, with 25 fatalities reported on Wednesday, the Lebanese health ministry said on Thursday.