Oman Investment Authority Announces the Launching of the Jordanian Omani Investment Company Worth OMR 38.5 Million Omani Riyals
July 19, 2026
Promoting Investment
in Vital and Promising Sectors, Including Energy, Mining and Tourism in Both Countries
Oman Investment
Authority Announces the Launching of the Jordanian Omani Investment Company Worth
OMR 38.5 Million Omani Riyals
In order to
reflect its pivotal role in implementing economic diplomacy and in view of the
growth of promising investment opportunities in the Sultanate of Oman and the Hashemite
Kingdom of Jordan, Oman Investment Authority (OIA) and the Jordanian Social
Security Investment Fund (SSIF) have signed an agreement to launch the
Omani-Jordanian strategic partnership to mark the beginning of a new phase of
joint investment cooperation between the two brotherly countries and to enhance
the established historical ties and growing economic relations between them.
Under the partnership, the two parties
established the Jordanian Oman Investment Company with a capital of 38.5
million OMR (100 million dollars) equally between the two sides to invest in a
number of vital and promising sectors that serve the economic priorities of the
two countries, including the priorities of Oman Vision 2040, the sectors are
communications and information technology, agricultural and food, medical equipment and medicine, energy, mining,
tourism and logistics services. This strategic partnership builds on OIA's
approach to enhancing the geographic and sectoral diversification of its
investment portfolio, which serves as a strategic instrument for safeguarding
assets, diversifying risk, and developing investment platforms that ensure
sustainable economic returns and the flow of capital.
On the Jordanian side, the Chief Executive
Officer of the Social Security Investment Fund, Dr. Izzeddin Kanakrieh, said
that this agreement represents a strategic step in the process of cooperation
between the Fund and OIA, embodying a shared vision of deploying capital and
institutional expertise to build economically viable investments in priority
sectors. The agreement is an extension of the Fund's approach to expanding its
presence at the regional and international levels.”
This
agreement establishes a new phase of joint investment action based on
governance and efficiency, following OIA's partnerships with Qatar, Turkey,
China, Uzbekistan, Vietnam, Pakistan, Spain, Azerbaijan, India, Brunei
Darussalam, Kazakhstan and Belarus. It also confirms the commitment of OIA to
enhance the position of the Sultanate of Oman to be an attractive regional center
for quality investments and a driver of sustainable economic growth by building
long-term partnerships that contribute to knowledge transfer, attracting
capital, and enhancing the competitiveness of the Omani economy in its various
sectors.
The Deputy President for Investment, Mulham Basheer
Al-Jarf, said that the Omani-Jordanian strategic partnership represents a
significant milestone in the longstanding relations between Oman and Jordan. It
reflects the directives of the leaders of both countries into projects that
enhance economic aspects, building on a legacy of cooperation, exchange of
experiences, and investment in promising projects with sustainable economic and
developmental impact that enhances the common interests of the two countries. This
partnership enhances OIA's role in implementing economic diplomacy as it works
to deepen cooperation with partners in brotherly countries. It also contributes
to directing investments towards priority sectors and enhances the geographical
and sectoral diversity of OIA’s portfolio.
