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.



Hamas Claims Attack on Israeli Bus in West Bank That Wounded 8 People, Including 4 Soldiers

Four people suffered bullet wounds, three of them serious, and four others were lightly injured by shards of glass, according to the Magen David Adom rescue service - AFP
Four people suffered bullet wounds, three of them serious, and four others were lightly injured by shards of glass, according to the Magen David Adom rescue service - AFP
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Hamas Claims Attack on Israeli Bus in West Bank That Wounded 8 People, Including 4 Soldiers

Four people suffered bullet wounds, three of them serious, and four others were lightly injured by shards of glass, according to the Magen David Adom rescue service - AFP
Four people suffered bullet wounds, three of them serious, and four others were lightly injured by shards of glass, according to the Magen David Adom rescue service - AFP

Hamas claimed responsibility for a shooting attack on an Israeli bus in the occupied West Bank on Friday that wounded eight people, including four soldiers.

It was the latest violence to scar the territory as tensions run high 14 months into the Israel-Hamas war.

The attacker, who Hamas identified in a statement as Samer Hussein, 46, was killed by Israeli troops shortly after opening fire toward the bus at a junction near the Israeli settlement of Ariel.

The military said four soldiers were lightly wounded. Paramedics said three people were critically wounded.

Attacks by Palestinian fighters on Israelis in the volatile territory have grown more common since the start of the Israel-Hamas war, as Palestinian deaths have also spiked.  

Israeli fire has killed 796 Palestinians since Oct. 7, 2023, mostly in military raids on Palestinian cities and towns. Attacks by settlers on Palestinians and their property have also increased.