Madrid, Spain – Oman Investment Authority (OIA) has expanded its collaboration with Spain’s government-owned Cofides announcing the launch of Spain-Oman Private Equity Fund II.

This development took place during the annual meeting of the International Forum for Sovereign Wealth Funds in Madrid on Saturday.

he new fund aims to draw more companies to the Omani market. This strategy promises the inflow of technical expertise and knowledge from Spanish companies into Oman.