The Oman Investment Authority (OIA) has reported substantial growth in its assets during 2023, reaching a total of OMR19.240 billion, showcasing a positive trajectory in its financial performance. With profits exceeding OMR1.7 billion and a notable investment return rate of 9.95%, OIA has demonstrated strong financial acumen by surpassing the previous year's results. The authority's contribution to the State’s General Budget, amounting to over OMR6 billion between 2016 and 2023, underscores its significant role in the country's economic landscape. Additionally, OIA's focus on job creation for Omanis, with over 1,300 opportunities generated, aligns with the national objectives outlined in Oman Vision 2040, emphasizing transparency, governance, and institutional performance. Moreover, OIA's strategic investment approach includes diversifying across foreign and local markets to optimize returns and minimize risks. The Future Generations Fund (FGF) overseen by OIA has made investments in global funds and direct ventures, showcasing a commitment to sustainable growth and impactful investments. Notably, OIA's investments in companies like Electric Hydrogen (EH2), Hysata, and Our Next Energy (ONE) highlight a proactive stance towards innovative and sustainable technologies. Furthermore, OIA's efforts in debt reduction and financial risk mitigation have yielded positive outcomes, contributing to an enhanced credit rating for the Sultanate of Oman by international agencies. The authority's focus on economic diversification and increased investment in local sectors through the National Development Fund (NDF) portrays a long-term vision for economic prosperity. By completing divestments and promoting In-country Value (ICV) and SME development, OIA has demonstrated a holistic approach to fostering economic growth and sustainability in Oman. In summary, OIA's achievements in 2023 not only reflect financial success but also underscore its pivotal role in driving economic development, job creation, and sustainable investments in Oman, aligning with the country's strategic objectives and vision for the future.