India and Oman Launch Third Tranche of Joint Investment Fund

On 16th December, 2023, India and Oman unveiled the third tranche of a joint investment fund, amounting to approximately USD 300 million, aimed at strengthening economic cooperation. The announcement came following discussions between Indian Prime Minister and Sultan of Oman.

Key Points

  • Oman-India Joint Investment Fund Details: The fund is a 50-50 joint venture between the State Bank of India and the Oman Investment Authority, directing investments into India's fastest-growing sectors.
  • India-Oman Joint Vision Document: A new vision document, titled 'India-Oman joint vision, a partnership for the future,' outlines cooperation in ten diverse areas, including maritime, connectivity, energy security, space, digital ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy February 2024 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content