Okuyo signs exit agreement from Majis Industrial Services to boost foreign investment attraction
OQIO, the global investment group in the energy sector, has signed an exit agreement from Majis Industrial Services Corporation in favor of a consortium comprising Rakeezah Fund and IV3 Aqua Company, with the aim of attracting more foreign investment and supporting industrial growth in Oman. This move reflects the company's strategy to optimize its investment portfolio and direct capital toward sustainable value opportunities. It is part of the annual divestment plan aimed at enhancing efficiency and promoting sustainable economic growth.
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