Rakiza Fund Eyes Key Infrastructure Opportunities in Oman and Saudi Arabia
Investor News | Jun 27, 2025 | Zawya
Oman-based Rakiza Fund, an infrastructure platform under the Oman Investment Authority, is set to focus on future investments in water and digital infrastructure across Oman and Saudi Arabia. CEO Muneer al Muneeri highlighted the Fund's strategy during the Asian Infrastructure Investment Bank (AIIB) Annual Meeting 2025. With a robust portfolio that includes stakes in the Oman International Container Terminal, Helios Oman, Oman Broadband, and enterprises like Tihama in Saudi Arabia, Rakiza seeks low to mid-teen IRRs. Despite potential investor sentiment shifts due to regional tensions, Al Muneeri is confident in the Fund's ability to leverage regional knowledge to secure advantageous deals and partnerships. The Fund's long-term investment strategy emphasizes sectors like power, water, and digital infrastructure, which are underpinned by enduring contracts.
Sectors
- Infrastructure
- Investment Management
Geography
- Oman – Rakiza Fund is based in Oman, and the article discusses its significant investments and strategic plans within the country.
- Saudi Arabia – The article details Rakiza's investments in Saudi Arabia, such as its stake in the Tihama power generation project.
Industry
- Infrastructure – The article focuses on Rakiza Fund's investment strategies in infrastructure sectors including water, digital, logistics, and power across Oman and Saudi Arabia.
- Investment Management – Rakiza Fund, as an infrastructure-focused investment entity, plans to expand its portfolio by securing high-return projects, thereby aligning with investment management practices.
Financials
- Billion-dollar – The size of the fund managed by Rakiza, which is dedicated to infrastructure investments.
- Low- to mid-teen IRR – The target internal rate of return for Rakiza's investment projects.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rakiza Fund | Investment Fund | Company | An Oman-based infrastructure fund manager under the Oman Investment Authority focusing on infrastructure investments across Oman and Saudi Arabia. |
| Oman Investment Authority (OIA) | Platform Owner | Government | The government entity overseeing the operations of Rakiza Fund. |
| Oman International Container Terminal (OICT) | Investment Holding | Company | One of Rakiza's notable investments, serving as the main shipping gateway for northern Oman. |
| Helios Oman | Investment Holding | Company | Rakiza holds a significant stake in this company, which is the largest independent telecom tower provider in Oman. |
| Oman Broadband | Investment Holding | Company | Rakiza owns a portion of this company, which is Oman's monopoly provider of fiber-to-the-home networks. |
| Tihama | Investment Holding | Company | A power generation project in Saudi Arabia that counts Rakiza among its investors, serving major clients like Saudi Aramco. |
| Khazaen Fruits & Vegetable Market (Silal) | Investment Holding | Company | An esteemed logistics hub in Oman developed through a public-private partnership. |
| Muneer al Muneeri | CEO of Rakiza Fund | Person | Chief Executive Officer of Rakiza Fund, leading its strategic investment initiatives. |