Oman Sultani Decree No. 18/2025 On the Establishment of the Promising Companies Market
We, Haitham bin Tarik, Sultan of Oman;
Pursuant to the perusal of the Basic Statute of the State;
The Commercial Companies Law promulgated by Oman Sultani Decree No. 18/2019; and
Regulation of the Administrative Apparatus of the State promulgated by Oman Sultani Decree No. 75/2020;
Oman Sultani Decree No. 5/2021 on the conversion of Muscat Securities Market into a closed Omani
Joint-Stock company under the name "Muscat Stock Exchange S.A.O.C.", A. O. C.;
The Securities Law promulgated by Oman Sultani Decree No. 46/2022;
Oman Sultani Decree No. 20/2024 on the establishment of the Financial Services Authority and the issuance of its Statute; and
Based on the public interest requirements,
Have decreed as follows:
Article 1
A sub-market shall be established within the Muscat Stock Exchange S.A.O.C. under the name “Promising Companies Market.”
Article 2
The Financial Services Authority shall undertake the supervision and regulation of companies listed in the Promising Companies Market.