(MENAFN- Muscat Daily) Muscat- Oman Investment Corporation (OIC), a leading private equity investment company in the sultanate, made a venture capital investment in Nafath Renewable Energy.
Nafath, which was set up by three young Omani entrepreneurs, provides complete solutions for solar and renewable energy systems, including the engineering, design, supply, construction and installation of solar photovoltaic (PV) systems.
OIC will provide up to RO2mn of financial support to Nafath, as well as financial management, project management and will work closely with Nafath's founders and team to realise its vision.
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