Seller ID: SA1377235796 |
Registration Date: 18-07-2017 15:53:51 |
Free Member / Active |
Business Type: Investment Management |
Established Year: 1980 |
Total Staff: |
Achievements: |
Category: Investment Management |
Sub Category: Reserve Fund |
State General Reserve Fund
It is the sovereign wealth fund of the state that undertakes the investment of financial surplus forwarded to it. It is as well the main investment arm of the country which acts on behalf of the government of Oman in managing and investing the surplus achieved by the state from Oil and Gas revenues. SGRF aims to achieve the best possible returns in the long-term to support the government efforts in diversifying income resources and securing returns for future generations, and to achieve the balance of the supreme financial policies of the state. The fund was established in 1980 pursuant to Royal Decree number 1/80 and the subsequent amendments to this decree which include S.D 39/1992, S.D 84/2002 and 47/2005. The fund has a separate juristic entity which has complete independence in managing its administrative and financial affairs. It is supervised by the Ministry of Finance in accordance with the decisions issued by the Financial Affairs and Energy Resources Council (FAERC) in determining the policies and rules to be followed when investing fund's money.
State General Reserve Fund
P.O Box :188 P.C 100, Muscat, Sultanate of Oman
+968 24745100
@ info@sgrf.gov.com