State General Reserve Fund
State General Reserve Fund is a sovereign wealth fund in Oman. It is one of few entities where the Sultanate of Oman channels its excess oil revenues. It was founded in 1980 by a royal decree and is a member of the International Forum of Sovereign Wealth Funds and is therefore signed up to the Santiago Principles on best practice in managing sovereign wealth funds.[1] Its objectives are purely financial. That means it does not invest in companies with the view of otherwise benefiting the local economy, nor other goals.
| صندوق الاحتياطي العام للدولة | |
| Agency overview | |
|---|---|
| Headquarters | Muscat  |
| Parent agency | Ministry of Finance |
| Website | http://www.sgrf.gov.om/ |
By royal decree, in June 2020, Oman Investment Fund, Oman SGRF, and other entities, were blended to form the new Oman Investment Authority. [2]
References
- International Forum of Sovereign Wealth Funds. "IFSWF Our members". Archived from the original on 27 September 2016. Retrieved 24 September 2016.
- "Royal Decree of Oman Investment Authority | SWFI". swfinstitute.org. Retrieved 2020-06-13.
- "SGRF investing in Bulgaria - a messy experience". Muscat Confidential. 11 March 2009. Retrieved 1 February 2011.
- "Oman, Libya Sign $500 Million JV Deal". Khaleej Times. 14 December 2008. Retrieved 29 November 2009.
- "VTB Capital signs Memorandum of Understanding (MOU) with State General Reserve Fund of the Sultanate of Oman". Zawya. 30 September 2009. Retrieved 29 November 2009.
External links
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