Capital Markets
From The Report: Oman 2023
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Oman’s capital markets are positioned to play a crucial role in achieving Oman Vision 2040’s objectives, having made great strides in the wake of the Covid-19 pandemic. Oman is currently undergoing a period of wide-ranging reforms and strategic changes designed to accelerate private sector growth and enhance resilience. This has opened up new opportunities in the kingdom’s capital markets, which can be leveraged to finance the development of its economy. Oman has moved swiftly to establish the foundations for rapid capital market development. In recent years it has implemented a series of reforms aimed at facilitating investment, ensuring accountability and aligning local markets with international standards. As recent credit ratings upgrades indicate, investors are poised to build on the robust base in the medium term, furthering the sector’s expansive trend.

This chapter contains interviews with Abdulaziz Al Balushi, CEO, OMINVEST; and Abdullah Al Salmi, Executive President, Capital Market Authority.