First energy transition fund worth $200 million launched in Oman
The Oman Investment Authority (OIA) on Wednesday announced the launch of the first investment fund specializing in energy transition in the Sultanate of Oman, in partnership between the Oman Future Fund and the Chinese company Templewater.The fund has a capital of RO77 million, equivalent to $200 million, with each party contributing 50 percent.The joint fund aims to accelerate the transformation of the energy sector in the Sultanate of Oman and enhance efforts to diversify sources of income in...