The Business : Our Story
Our Story
Rakiza was launched by the Oman Investment Authority in 2018.
Founded in 2018, Rakiza has built a strong track record marked by significant milestones and a clear vision for future growth.
From Rakiza’s founding, the logic has been straightforward: to serve as the catalyst attracting private sector capital to support the region’s ambitious infrastructure development needs.
We were established to demonstrate how a pure-play platform that invests in the infrastructure asset class can create value for all stakeholders including the investor universe.
Rakiza means ‘pillar’ in Arabic — the structural component holding everything else up. It’s how we think about the assets we own and the role we play for the capital behind us.
We are active managers who create value: sharpening capital structures, improving operational performance, and capitalising on our regional knowledge and relationships that let us see opportunities others miss and execute them faster.
That approach proved itself quickly. In 2020, we launched our first infrastructure fund with initial commitments of over USD 400 million. By its final close, it had raised more than USD 1 billion from regional and global institutional investors. We have since deployed into defining investments, growing our assets under management to over USD 2 billion.
Because we were born in this region, our stake in its future runs beyond returns. Responsible investment is built into how we operate: every deal undergoes rigorous ESG due diligence, and our assets deliver clear developmental impact for the communities and economies they serve. We measure success not only by what we return to investors, but by what we help build.
From Founding to the Future
Rakiza was built on a conviction: that the infrastructure needs of this region represent one of the most compelling investment opportunities of our generation.
We did not simply observe the opportunity — we built the platform to capture it. From day one, our mandate was clear: to source essential infrastructure assets, own them actively, and deliver returns that reward both investors and the economies that depend on the assets we build.
Eight years in, that conviction has been validated. Fund I is among the most fully deployed infrastructure vehicles in the region. Our portfolio spans logistics, telecommunications, and energy — assets that move goods, connect people, and power industry across Oman and Saudi Arabia. We are now building on that foundation.