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Sultan Haji Hassanal Bolkiah of Brunei visited the Sultanate of Oman three times—in 1984, 1985 and 2009—during the first 25 years of relations between the two countries, which were formally established in 1984. His first visit included an official reception, while his second involved attending Oman’s National Day celebrations. The 2009 visit featured bilateral talks and the signing of a memorandum to establish a joint investment fund headquartered in Muscat, with initial capital of $100 million, divided equally between the two countries. The agreement led to the creation of Oman Brunei Investment Company. In 2019, its capital was increased by a further $100 million, bringing it to $200 million.
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