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Oman News

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Three government companies in Oman plan for IPO this year

H.E. Abdullah Bin Salem Al Salmi, Executive President of the newly established Financial Services Authority (FSA), announced public offering of three government companies affiliated with Oman Investment Authority (OIA).

TAS News Service

info@thearabianstories.com

Sunday, March 31, 2024

MUSCAT : Addressing the first press conference following the issuance of Royal Decree No. 20/2024 to establish FSA, the Executive President revealed plans to offer three government companies for public subscription within the current year.

This move is expected to significantly contribute to the development of the Muscat Stock Exchange (MSX) and bolster it towards becoming an emerging market leader.

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