Oman Investment Authority Forms Largest IPO As Part Of Divestment Strategy

Oman Investment Authority Announces Largest IPO in Oman's History as Part of Divestment Strategy. Oman Investment Authority - OQ Exploration Production IPO (Image Courtesy-Oman Investment Authority)

Oman Investment Authority (OIA), Oman’s sovereign wealth fund, has announced the Initial Public Offering (IPO) for 25% of the shares of OQ Exploration & Production, a subsidiary of OQ Group, which is fully owned by OIA. This IPO is set to become the largest in Oman’s history on the Muscat Stock Exchange. According to Industry sources, of the overall […]