Oman to Host the World’s Largest Sovereign Wealth Fund Gathering Next Week Featuring Elon Musk

Next week, Oman will host the largest global gathering of sovereign wealth funds. This historic meeting will bring together leaders and executives from over 50 sovereign wealth funds from 46 countries, managing a total of more than $8 trillion in assets. Elon Musk, CEO of SpaceX and Tesla, is one of the prominent figures participating in this gathering, joining virtually.

The event, scheduled for November 3-6 in Muscat, presents an opportunity to showcase Oman’s investment capabilities and establish new economic frameworks within the sovereign wealth fund sector. Sheikh Nasser bin Suliman Al-Harthi, Vice President of Operations at the Oman Investment Authority, emphasized that the meeting aims to build sustainable relationships with global funds and attract investments in strategic sectors.

Additionally, 15 speakers from prominent Omani figures will also be present in the sessions, showcasing Oman’s significant role in fostering economic transformation and sustainable investment.

Special tourism programs are planned for visitors and participants, including visits to historic and cultural sites in Muscat and surrounding areas.

The “Omani Mandous” has been selected as the logo for this gathering; this cultural symbol is designed to highlight Omani identity and promote the historical and social values of this land, reflecting the event’s goal of development and interaction with global investment funds.

Moreover, to commemorate this global event, the Central Bank of Oman will issue a commemorative coin and a special postage stamp titled “Oman, the Land of Opportunities” to mark this moment in Oman’s economic history.