In remarks to Oman News Agency, the Oman Financial Services Authority said more than RO 7 billion in financing was provided through Oman’s capital market during 2021 to 2025. Executive President Abdullah bin Salim Al Salmi presented the market as a key source of private sector funding that complements bank lending, with capital markets better suited to medium and long-term financing for investment and development projects. Al Salmi said the next phase requires greater awareness of capital market financing instruments and correction of the misconception that the market is limited to trading on the Muscat Stock Exchange. He identified the primary issuance market as the main channel for financing new projects and investments, including in sectors such as mining and logistics, before securities are listed for trading. He also pointed to the Financial Services Authority’s role under the 2019 Commercial Companies Regulation in regulating public joint stock companies from incorporation through supervision and corporate governance, and said the authority is promoting sustainable finance, Sharia-compliant and other innovative products, as well as wider use of financial technology to expand access to financing for small and medium-sized enterprises.

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