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.

Article 3