The Future Fund Oman (FFO) is set to inject OMR 570 million ($1.5 billion) into Oman’s economy, targeting a mix of large-scale strategic schemes and the nation’s growing startup ecosystem. The move signals a significant push to accelerate development across several priority sectors.
Quick Facts
- Total investment package: $1.5 billion.
- Key focus sectors: Tech, energy, tourism, and more.
- Startup allocation: 10% reserved for SMEs and startups.
Strategic Allocation for Growth
According to the state-run Oman News Agency, the investment will be channeled into renewable energy, industry and technology, healthcare, tourism, and food security. The bulk of the capital, accounting for 90%, is designated for seven direct projects and a portfolio of local strategic initiatives.
The remaining 10% of the fund is dedicated to supporting small and medium enterprises (SMEs) and startups, providing a vital source of capital for early-stage companies in the Sultanate.
FFO’s Performance Since Launch
Launched in March 2024 with a capital of OMR 2 billion, the FFO has been actively deploying funds. By the end of 2025, the fund had already approved 186 projects with a combined estimated value of OMR 1.7 billion.
The fund’s direct contribution to these projects totaled OMR 640 million, successfully attracting OMR 743 million from foreign investors. The report noted that FFO received 986 investment requests between its establishment and the end of 2025.
OIA’s Strong Financial Backing
The FFO operates under the umbrella of the Oman Investment Authority (OIA), which has demonstrated robust financial health. Last month, the OIA reported an annual profit of OMR 2.9 billion, an 86 percent increase from OMR 1.6 billion in 2024. The authority’s assets under management have now reached OMR 23 billion, providing a strong foundation for the fund’s ambitious investment strategy.
About Future Fund Oman
Future Fund Oman (FFO) is a state-owned investment fund established in March 2024 with a capital of OMR 2 billion. Owned by the Oman Investment Authority (OIA), the fund is tasked with driving economic diversification and growth by investing in key sectors within the Sultanate, while also supporting the local SME and startup ecosystem.
Source: AGBI
