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Sovereign Wealth Funds Briefing - Categorized | Market

US $2.5bln Oman-India trade: Strategic partners

Posted on 09 March 2010

From Globalarabnetwork.com: The India Oman Joint Investment Fund (IOJIF) was initially established by the signing of a memorandum of understanding (MoU) in 2008 between Oman’s sovereign wealth fund, the State General Reserve Fund (SGRF), and the State Bank of India, India’s largest commercial bank.
Following round-table talks between the two countries in February however, it was revealed that Oman’s minister of national economy, Ahmed bin Abdulnabi Macki, will shortly travel to India to sign a final agreement between the two countries concerning the fund……………………………………….Full Article: Source

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