Investor Profile: Oman Investment Authority — Thesis, Cheque Size & How to Apply

Oman Investment Authority funding is one of the least understood doors in sovereign capital. Created by Royal Decree No. 61/2020 through the merger of the State General Reserve Fund and the Oman Investment Fund, the Oman Investment Authority (OIA) is the Sultanate of Oman's sovereign wealth fund, tasked with maximising state-fund returns, feeding the budget and growing reserves for future generations under Oman Vision 2040. At end-2025 it managed roughly $60bn in assets, after a record $7.8bn profit and a 14.6% return — third globally on five-year returns in the Global SWF ranking.

The thesis: three funds, one mandate

OIA runs three verticals. The National Development Fund (NDF) holds domestic assets — more than 160 companies under eight sectoral holdings. The Future Generations Fund (FGF) is the international arm, with assets in 50+ countries. The founder-relevant one is Future Fund Oman (FFO): $5.2bn, launched January 2024 and deployed over 2024–2028, co-investing with partners in greenfield and brownfield projects in Oman — excluding oil, gas and real estate.

Sectors, stages and geographies

Sectors span energy, logistics, ICT, telecoms, finance, tourism, mining, manufacturing, food security, healthcare, AI, fintech and energy transition — roughly two-thirds of assets in Oman, 19% in North America, 9% in Europe, 4% in Asia-Pacific and 7% elsewhere (end-2025). Notable moves include an early investment in xAI via the FGF, 13 new fund stakes in 2024 across AI, healthcare, fintech and energy transition, the IDG Oman Fund with IDG Capital, and the EWP Oman Fund with ewpartners. A divestment programme running since 2022 has recycled more than $7.3bn across 24 exits, including the OQ Exploration & Production IPO.

India exposure

OIA's India link is real and twofold. The Oman-India Joint Investment Fund is a 50-50 venture between the State Bank of India and OIA, with a third $300m tranche announced during Sultan Haitham's December 2023 India visit. OIA also inherited a stake in Resurgent Power Ventures (Tata Power owns 26%; ICICI Venture, KIA and OIA hold the balance) from a pre-2020 subsidiary — Bloomberg reported in July 2025 that the Tata Group was negotiating a buyout of that stake.

How to apply for funding from Oman Investment Authority

Be blunt with yourself first: OIA is a sovereign wealth fund and does not take cold founder pitches. The actual doorway is the Future Fund Oman: submit an Investment Opportunity Form at futurefund.om/futurefund with a feasibility study, financials and ID documents — review can take up to three months. The minimum ticket is $13m for direct large projects; smaller SME and startup asks flow through FFO-appointed managers — Tanmia, the ITHCA Group, Omantel and Cyfr Capital — and a Beehive-operated SME lending portfolio that promises decisions within about two weeks of application. The honest caveat for an India-based founder: FFO is Oman-centric, and without an Oman entity, footprint or co-invest partner it is not a viable route. Your realistic OIA-adjacent channel is the Oman-India Joint Investment Fund — but that runs through SBI-side channels, not a founder form. In short, how to get funding from Oman Investment Authority comes down to FFO if you have an Oman nexus, and to the Oman-India JV fund if you do not.