Muscat – Oman Investment Authority has delivered its strongest financial performance since its establishment, recording historic profits of nearly RO2.9bn in 2025 and securing a place among the world’s best-performing sovereign wealth funds (SWF).

It announced on Sunday that it achieved an average return on investment of 10.4% over the past five years, ranking third globally –  according to Global SWF – among sovereign wealth funds in overall investment returns and claimed the top position in returns generated from public market investments during 2025.

The exceptional results underline the growing strength of Oman’s investment portfolio and the effectiveness of OIA’s long-term strategy focused on diversification, profitability and sustainable growth.

Total assets under management rose to around RO23bn by the end of 2025, while the authority exceeded its approved annual key performance targets by 105%. Every rial managed by OIA in 2020 grew to RO1.73 by the end of 2025, reflecting the authority’s rapid value creation and disciplined asset management approach.

In a major contribution to the national economy, OIA injected RO800mn into the state budget during the year, with half directed to Future Fund Oman. The authority also channelled RO2.4bn into local projects aimed at stimulating growth across strategic sectors and supporting economic diversification efforts under Oman Vision 2040.

H E Sultan bin Salem al Habsi, Minister of Finance and Chairman of OIA’s Board of Directors, said the authority continued to consolidate its role in supporting the national economy while advancing diversification goals and deepening partnerships with the private sector.

He added that OIA has intensified efforts to improve the performance and efficiency of state-owned enterprises, balancing commercial and strategic objectives while reinforcing best practices in governance and financial management.

H E Abdulsalam al Murshidi, President of OIA, said, “The exceptional achievements realised in 2025 reflect the institutional excellence of OIA and its companies, as well as the competence of the national talent driving these accomplishments.”

OIA’s global investment footprint now spans 52 countries, with nearly two-thirds of its investments concentrated in Oman. North America accounts for 19% of its investments, Europe 9%, Asia-Pacific 4%, while the remainder is spread across other international markets.

OIA attracted RO1.57bn in foreign direct investment during the year and ranked third globally in governance, sustainability and transparency practices among sovereign wealth funds.

Its National Development Fund, which oversees more than 160 state-owned companies and assets, generated profits of RO1.8bn and achieved a return on investment of 15.87%. The fund also supported 14 national projects worth more than RO450mn, which are expected to create over 1,300 jobs.

Meanwhile, the Future Generations Fund recorded profits exceeding RO1bn, while Future Fund Oman approved 186 projects and investments aimed at supporting SMEs, startups and strategic ventures.

OIA also continued restructuring state-owned enterprises placed under its management in 2020, transforming several loss-making entities into profitable businesses for the first time in decades. The authority said the reforms were part of a broader strategy to place government-owned firms on a path of financial sustainability and long-term profitability.

The authority’s divestment programme also gained momentum, with 24 divestments completed since 2022, generating returns of more than RO2.8bn that were reinvested into higher-value opportunities.

On the employment front, OIA maintained one of the region’s highest Omanisation rates, reaching 91% within the authority and 79.4% across its companies. More than 1,100 new jobs were created during the year, surpassing targets, while expenditure directed to SMEs exceeded RO278mn.