OIA reports profit increase of 86% for 2025

Oman Investment Authority (OIA) reported a jump in profit last year, as its assets under management reached OMR23 billion ($60 billion).

Annual profit amounted to OMR2.9 billion, up 86 percent from OMR1.6 billion in 2024.

Return on investment stood at 14.6 percent, placing it among the world’s top-performing sovereign investors, OIA said in a statement.

Assets under management rose 13 percent in 2025.

Cumulatively, every dollar held by the fund in 2020 had grown by 73 percent by the end of 2025.

Oman has been diversifying beyond hydrocarbons and deepening its role in international capital flows. The fund attracted OMR1.5 billion in foreign direct investment into priority sectors last year.

OIA settled OMR920 million in debt across its subsidiaries, strengthening its balance sheet.

Launched in 2022 to recycle capital and maximise returns, 24 divestments had been completed by the end of 2025, generating OMR2.8 billion for reinvestment.

The fund’s portfolio spans around 52 countries.

Nearly two-thirds of its investments are held in Oman, while the remaining portfolio is allocated across major international markets, including 19 percent in North America, 9 percent in Europe and 4 percent in Asia-Pacific.

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Capital spending on local projects reached OMR2.4 billion in 2025, the report said.

The finance ministry projects the national debt at OMR14.6 billion by the end of 2026, accounting for almost 36 percent of GDP. Oman forecasts a budget deficit of OMR540 million for 2026, a decline of 14.5 percent from last year.

Revenue, based on an average oil price of $60 per barrel, is forecast at OMR11.5 billion, up 2.4 percent year on year.