Half of Temple Innovation Fund for Omani Sectors
The Oman Investment Authority signed an agreement with the Chinese company "Temple Water," allocating 50% of the "Temple Water for Innovation" fund to invest in promising sectors in Oman, with a 25% stake in the fund's capital. This step is part of the Authority's participation in the "Belt and Road 2026" Summit in Hong Kong, aimed at promoting foreign investments, knowledge transfer, and developing the innovation and technology ecosystem in the Sultanate. These efforts are intended to attract investments and technologies and to open new markets for Omani companies.
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