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Established: 1980
US$ Billion: 8.2
Origin: Oil, gas
Entity Structure: Fund
Transparency Rating: 1
Summary:
Established in 1980, the State General Reserve Fund of the Sultanate of Oman was established to manage the investments of the reserves of the Sultanate of Oman. The fund is owned by the Sultanate of Oman and administered by the Ministry of Finance.
1/27/2009
Bulgaria Corpbank says sells 30% to Omani Fund
Reuters reports that, "The majority owner of Bulgaria's small Corporate Commercial Bank has reached a deal to sell a 30 percent stake to an Omani fund for an undisclosed sum, the bank said in a statement. Corpbank, Bulgaria's tenth-largest bank in terms if assets, said majority owner Bromac has signed a preliminary accord to sell 1.8 million shares or 30 percent of its capital to Luxemburg-registered Bulgarian Acquisition Company II (BAC II). The bank said BAC II was controlled by the Oman State General Reserve Fund, which is one of the key investment institutions of the government of the Sultan of Oman."
read more: Reuters
Oman Ministry of Finance
State General Reserve Fund
Major Direct Foreign Investments (Public)
| Company |
Country |
Industry |
% Ownership |
Comments |
| Corporate Commercial Bank |
Bulgaria |
Financials |
30% |
Owned by SWE, Bulgarian Acquisition Company II |
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1. All figures quoted are from official sources, or, where the institutions concerned do not issue statistics of their holdings, from other publicly available sources.
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