Muscat – Oman Investment Authority (OIA) has further advanced the ‘Omani Angle’ of its international investments by signing an investment agreement in partnership with Hong Kong’s Innovation and Technology Commission and China-based Templewater. Under the agreement, OIA will commit 25% of Templewater Innovation Fund’s capital, with the fund allocating 50% of its total capital to investments in a range of promising sectors in the sultanate.

The agreement reinforcesOIA’s Omani Angle, an approach adopted across its international investments to maximise their impact on the national economy and generate benefits beyond financial returns. These include attracting investments and technologies, facilitating knowledge and expertise transfer, and opening new markets and opportunities for Omani companies. The agreement also adds to OIA’s investments in innovation and technology ecosystem in the sultanate.

Signed as part of OIA’s participation in the Belt and Road Summit 2026, hosted in Hong Kong, People’s Republic of China, the agreement reflects OIA’s approach to leveraging its international investments to create added value for the national economy. OIA’s commitment to the fund is matched by an allocation twice that size for investment in the sultanate, helping attract capital, companies and technologies to local sectors, facilitate knowledge transfer, build partnerships and open new markets, while supporting economic diversification objectives.

The agreement falls under Hong Kong’s Innovation and Technology Venture Fund programme, through which the Innovation and Technology Commission is establishing Templewater Innovation Fund in collaboration with Templewater. The fund will invest in promising innovation and technology companies, supporting their growth and expansion while focusing on a range of future-oriented sectors, including advanced manufacturing, new energy, artificial intelligence and data science, and health and life sciences.

These sectors align with OIA’s approach to diversifying its investments and expanding into emerging sectors associated with technology and innovation, creating opportunities to attract international companies and technologies and connect them with investment and economic opportunities in the sultanate.

Muneer bin Ali Al Muneeri, Deputy President for Operations at OIA, said that the authority seeks to leverage its international investments to create value that extends beyond financial returns, an approach embodied by the Omani Angle. This involves connecting global investment opportunities with the needs of the national economy and attracting capital, technologies, expertise and partnerships to the sultanate, thereby multiplying the targeted impact of OIA’s investments and creating new opportunities in the innovation and technology sectors. He added that, through this agreement, OIA looks forward to benefiting from the innovation and technology ecosystem in Hong Kong in particular and China more broadly, while connecting promising companies in these markets with opportunities available in the sultanate. The agreement will also enable Omani companies and OIA companies to access technologies, expertise, partners and new markets, supporting economic diversification and reinforcing Oman’s position as an attractive destination for technology investments.