Oman, Jordan launch OMR38.5M joint investment firm

What's the deal? The Oman Investment AuthorityDealroom has a profile for this one. Try Dealroom → and Jordan's Social Security Investment Fund have signed an agreement to establish a joint Omani-Jordanian investment company worth OMR38.5 million. The firm is owned equally by both sides.

What's the endgame? The company will invest across sectors tied to both countries' economic priorities, including telecoms and IT, agriculture and food, medical equipment and pharmaceuticals, energy, mining, tourism, and logistics. The aim is to support economic diversification, including Oman Vision 2040, and boost local markets.

Why now? The Oman Investment Authority frames the partnership as part of its push to broaden the geographic and sector spread of its portfolio — a strategy it describes as a tool to protect assets, spread risk, and sustain returns.

Melham bin Bashir Al Jarf, the authority's deputy president for investment, called the partnership "a prominent milestone in the journey of Omani-Jordanian relations," adding that it advances the authority's role in economic diplomacy.

Ezzeddine Kanakriyeh, chairman of the Social Security Investment Fund, said the agreement reflects a shared vision built on deploying capital and institutional expertise in priority sectors, and extends the fund's regional and international reach.

The signal: The deal adds Jordan to the Oman Investment Authority's growing list of cross-border partnerships, which already spans Qatar, Turkey, China, Uzbekistan, Vietnam, Pakistan, Spain, Azerbaijan, India, Brunei, Kazakhstan, and Belarus. It underscores Oman's bid to position itself as a regional hub for investment through long-term partnerships that transfer knowledge and attract capital.

Read more: Oman News Agency