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Oman Investment Authority’s Board Holds Maiden Meeting

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Muscat, Jul 7 (ONA) – The Board of Directors of Oman Investment Authority (OIA) today held its maiden meeting under the chairmanship of Sultan bin Salim al-Habsi, Chairman of OIA’s Board.

            The Board discussed various issues related to OIA’s regulation and the restructuring of affiliated firms. It approved procedures for amendments in boards of directors of OIA’s affiliated companies, besides endorsing a set of decisions pertaining to OIA’s governance measures.

              The Board also reviewed the financial status of the OIA and the performance of its investments within the Sultanate and abroad in the backdrop of global economic downturn caused by Covid-19 and ensuing repercussions. 
—- Ends/AB/KH