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English news

01-Aug-2016

OIF acquires govt's stake in Oman & Emirates Investment Holding

Oman's Ministry of Finance has transferred the government's 4.33% stake in Oman and Emirates Investment Holding Company SAOG to Oman Investment Fund ( OIF ), a sovereign wealth fund of the Sultanate. The transfer (covering 5,281,250 shares) follows an "internal decision on management of government investments", said OEIHC in a filing to the Capital Market Authority. (Oman observer)

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