20240526 Elon Musk
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, will visit Muscat to participate in the annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) in November. Image Credit: Reuters

Muscat: Businessman and investor Elon Musk will visit Muscat to participate in the annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF), organized by the Oman Investment Authority in November.

According to the IFSWF post in X platform, Musk will discuss the technology and trends shaping today's world and the likely changes it will cast in the future. 

Oman Investment Authority (OIA), will host the annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) from November 3-6 in Muscat at the ST. Regis Hotel Muscat.

Nasser Suleiman Al Harthy, Vice President of OIA for Operations, said that the meeting, scheduled to be held in Muscat, provides an opportunity to promote Oman and attract foreign investments.

The forum will be attended by heads of the largest sovereign wealth funds in the world whose wealth exceeds $8 trillion.

The forum will also open up vistas for building a network of relations with the establishments and introduce them to Oman’s natural resources and investment advantages. This will in turn consolidate the country’s presence on the global arena, draw foreign capital and generate opportunities to build long-term partnerships that will reflect positively on Oman’s economic diversification and the national economy’s growth.