What is the unified sovereign wealth fund of the Sultanate of Oman, formed by Royal Decree No. 61/2020 by merging the State General Reserve Fund and the Oman Investment Fund?
Answer and explanation
Correct answer: D. Oman Investment Authority (OIA)
- Step 1: The Oman Investment Authority (OIA) was created in June 2020 to centralize the management of all state investments, sovereign wealth assets, and government-owned commercial enterprises.
- Step 2: It manages two core portfolios: the National Development Portfolio and the Future Generations Fund.
Answer
Oman Investment Authority (OIA).
Why not the others: 'Mubadala Investment Company' is an Abu Dhabi sovereign fund; 'Public Investment Fund (PIF)' is Saudi Arabia's sovereign wealth fund; 'Qatar Investment Authority (QIA)' is Qatar's sovereign wealth fund.
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