Oman: Regulations Amended to Support Liquidity Fund
Shabiba, 16 May 2024: The Muscat Stock Exchange has celebrated by ringing the bell for the inauguration of a “Liquidity Development Fund”.
The fund aims to improve the liquidity of shares of companies listed on the stock exchange.
The launch of the fund aligns with the ongoing developments in the Omani capital markets, which include the announcement of several new IPOs and the introduction of regulations governing market-making operations.
The Muscat Stock Exchange is intensifying its marketing efforts with regional campaigns and incentive initiatives.
This involves making significant changes to certain regulatory requirements for capital markets, especially regarding taxes on distributed profits. For the full story, click here.
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