Minerals Development Oman (MDO) is an Omani closed joint stock Company founded for the purpose of contributing to the development of the Omani mining sector by investing directly in or enabling various projects across a range of material commodities and value chains.
MDO was established per a memorandum of understanding signed in January 2016 by its founding sponsors; The State General Reserve Fund (SGRF), Oman Investment Fund (OIF), Oman Oil Company SAOC (OOC) and Oman National Investments Development Company SAOC (TANMIA).
