OQGN’s record-breaking IPO lists on Muscat Stock Exchange
OQ Gas Networks SAOG (OQGN) has successfully made its debut on the Muscat Stock Exchange (MSX), becoming the largest-ever initial public offering (IPO) in the Sultanate of Oman. The listing took place under the auspices of Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. Also present were Shaikh Abdullah bin Salem […]
Oman’s Islamic finance sector surges with regulatory boost
Oman is experiencing a surge in its Islamic finance and banking industry, driven by new regulations and a supportive regulatory framework. The sector gained momentum in 2011 when a royal decree authorised its operations. The Central Bank of Oman (CBO) then introduced the Islamic Banking Regulatory Framework (IBRF) in 2012, followed by the establishment of […]
