Brookfield Asset Management, a global alternative asset manager, is reportedly close to finalizing its inaugural investment deal in Oman by acquiring a significant stake in a leading telecommunications company. This marks Brookfield’s first major entry into Oman’s expanding digital infrastructure sector.
The investment reflects Brookfield’s broader strategy to increase its footprint in the Middle East, tapping into Oman’s economic diversification and digital transformation efforts. As the Omani government liberalizes its economy and encourages private sector participation, the telecom sector has attracted growing interest from international investors.
While specific details on the stake size, valuation, and deal timeline remain confidential, sources indicate the transaction is in advanced stages and could be announced shortly. Brookfield’s focus on infrastructure and digital assets underscores the growing global appetite for investments in connectivity and technology upgrades in the region.
