{"id":274287,"date":"2020-06-04T18:03:08","date_gmt":"2020-06-04T21:03:08","guid":{"rendered":"https:\/\/anba.com.br\/?p=274287"},"modified":"2020-06-04T19:03:36","modified_gmt":"2020-06-04T22:03:36","slug":"oman-creates-institution-to-manage-investments","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/oman-creates-institution-to-manage-investments\/","title":{"rendered":"Oman creates institution to manage investments"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 The Oman Investment Institution was established this Thursday (4) by sultan Haitham Bin Tarik (<em>pictured<\/em>), <em>Oman News Agency<\/em> (<a href=\"https:\/\/omannews.gov.om\/NewsDescription\/ArtMID\/392\/ArticleID\/14027\/HM-the-Sultan-Issues-Royal-Decree-Establishing-Oman-Investment-Institution\" target=\"_blank\" rel=\"noopener noreferrer\"><em>ONA<\/em><\/a>) reported. The new entity will manage national investments.<\/p>\n<p>The decree whereby the institution was created provides that it will \u201cenjoy financial and administrative autonomy and report to the Council of Ministers,\u201d and that \u201call specializations, allocations, rights, obligations, registers, assets and investments related to the State\u2019s General Reserve Fund shall be transferred to Oman Investment Institution, and so shall Oman Investment Fund and the Directorate General of Investments at the Ministry of Finance.\u201d<\/p>\n<p>Employees of the Oman\u2019s General Reserve Fund and Oman Investment Fund will be \u201ctransferred to the Oman Investment Institution, along with their current job status and financial dues.\u201d The transfer of employees from the Directorate General of Investments at the Ministry of Finance will be agreed between the Ministry of Finance and the recently created organization.<\/p>\n<p>The Oman Investment Fund will retain ownership of all government companies and investments, \u201cwith the exception of Petroleum Development Oman Company, Government contributions in international establishments and companies to be specified in a Royal order.\u201d<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-274276\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Gulf country established this Thursday (4) the Oman Investment Institution, which will manage at least two investment funds.<\/p>\n","protected":false},"author":2316,"featured_media":274276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[27116,2030,15573,15574,15575,15568],"class_list":{"0":"post-274287","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-investimento-en","9":"tag-oman","10":"tag-oman-investment-institution","11":"tag-oman-news-agency","12":"tag-ona-en","13":"tag-ona"},"wps_subtitle":"The Gulf country established this Thursday (4) the Oman Investment Institution, which will manage at least two investment funds. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/274287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=274287"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/274287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/274276"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=274287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=274287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=274287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}