JEDDAH: Oman has launched the Oman Real Estate Development Fund, a new investment vehicle that aims to channel at least 96 million Omani rials ($249.4 million) into property development projects across the Sultanate. The initiative is a partnership between Oman National Investments Development Co., known as TANMIA, and FIM Partners Muscat, the Oman-based subsidiary of FIM Partners, an independent investment management firm specializing in emerging and frontier markets.

JEDDAH: Oman has launched the Oman Real Estate Development Fund, a new investment vehicle that aims to channel at least 96 million Omani rials ($249.4 million) into property…

The Fund aims to invest no less than approximately OMR 96 million in domestic real estate development projects