MUSCAT : The platform targets companies with a market value of at least RO 500,000, offering them a pathway to be listed on the exchange.

Haitham bin Salem Al Salmi, CEO of the Muscat Stock Exchange, stated that the index is expected to launch this year following the issuance of executive regulations by the Financial Services Authority. He noted that the exchange has recently held meetings with more than 10 companies, and it is hoped that a number of them will be listed in conjunction with the market’s launch.

Haitham Al Salmi further explained that the ‘Promising Startups Index’ aims to attract private companies, franchisees, and SMEs that meet the direct listing criteria. He added that the market will enable companies to benefit from the services available on the stock exchange, whether through subscriptions to finance their projects or exits, in addition to being listed directly on the stock exchange.

He pointed out that this market will be available to qualified investors and will feature several flexible incentives and requirements compared to the main market of the stock exchange, thus allowing private companies and SMEs to list securities, finance capital, or issue debt instruments such as bonds and sukuks.

It is noteworthy that the establishment of the Promising Startups Index came by Royal Decree No. 18/2025, issued in February. It is aligned with Oman’s broader strategy to support entrepreneurial ventures, diversify the national economy, and enhance the business environment for sustainable growth.

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