Oman Financial Services Authority Decision No. 28/2025
On the Issuance of the Regulation of the Market of Promising Companies
After perusal of Oman Sultani Decree No. 20/2024 on the establishment of the Financial Services
Authority and the issuance of its Statute;
Oman Sultani Decree No. 18/2025 on the establishment of the Promising Companies Market;
The Implementing Regulation of the Capital Market Law issued by Oman Decision No. 1/2009;
The Regulation of Public Joint-Stock Companies issued by Oman Decision No. 27/2021;
The approval of the Board of Directors of the Financial Services Authority;
The approval of the Ministry of Finance; and
Based on the public interest requirements,
The following has been decided:
Regulation of the Promising Companies’ Market
Chapter 1 - Definitions and General Provisions
Article 1
In application of the provisions of this Regulation, the following terms and expressions shall have the meanings assigned against each, unless the context requires otherwise:
Authority:
The Financial Services Authority.
Stock Exchange:
Muscat Stock Exchange (SAOC).
Market:
The Promising Companies’ Market.
Promising Company:
A closed joint stock company that is listed on the market.
Qualified Investor:
An investor who falls under any of the categories stipulated in Article (12) of the present Regulation.