Muscat – Oman International Development and Investment Company (Ominvest), a leading investment company in the region, concluded its participation at the 2025 World Economic Forum (WEF) Annual Meeting in Davos, where it championed a bold vision for Oman and the GCC’s role in the global economy.

The discussions and outcomes from the Forum aligned closely with Ominvest’s vision of fostering economic resilience, innovation, and sustainability in Oman and across the GCC region.

The Forum underscored the importance of rebuilding trust in an increasingly interconnected and fast-evolving global economy. Ominvest used the platform to highlight Oman and the Gulf region’s growing economic progress, its robust fiscal management, and its growing appeal to international investors. With a strong focus on transparency and collaboration, Oman is fostering a growing investment climate, enabling it to emerge as a key player on the global stage.

The conversations at the WEF Annual Meeting further reinforced the vital role of innovation and diversification in driving sustainable growth. Oman’s recent successes – including record-breaking IPOs, a growing trade balance surplus, and falling public debt – demonstrate the nation’s commitment to creating a vibrant and diversified economy. This remarkable progress underscores Oman’s potential to become a key driver of global economic development. Ominvest’s own strategic evolution mirrors this ambition. With 30% of its portfolio invested internationally across diverse sectors such as finance, healthcare, and technology. Ominvest is not only strengthening its own position but also demonstrating Oman’s capacity to contribute meaningfully to the global economic landscape.

In a press release, Khalid Muhammad AlZubair, Chairman of Ominvest, said, “Our presence at WEF’s Annual Meeting 2025 solidified our belief in the critical importance of cross-market collaboration to address global challenges. Oman’s economic transformation and our investments’ resilience have positioned us to actively contribute meaningfully to global dialogues and shape solutions that drive shared prosperity.”

Abdulaziz al Balushi, Group CEO of Ominvest, said, “The Annual Meeting provided an invaluable opportunity to connect with international leaders, share insights, and forge partnerships that will accelerate Oman’s development goals. We see immense potential for Oman and the wider GCC region to become engines of global growth. As one of the largest investment companies in the region, Ominvest remains committed to leveraging these opportunities while aligning our strategies with the evolving needs of global markets.”

Alexandre Raffoul, Member of the Executive Committee at the World Economic Forum, also commended Ominvest’s participation, stating, “As we approach 2025, navigating complex geopolitical and economic dynamics requires shared insights and collective action. Contributions from key private sector players from Oman and across the GCC are essential in shaping discussions that drive resilience, innovation, and economic diversification across regions and industries. Together, we can build a more inclusive and  sustainable global economy.”