Wednesday 18 / June / 2025
Salalah: Muscat Stock Exchange (MSX) and the National Programme for Fiscal Sustainability and Financial Sector Development (Estidama) on Wednesday organised an orientation session about a promotional campaign titled “Incentive Programme and Promising Companies Market”.
The orientation session was held in Salalah in cooperation with Dhofar Governorate’s branch of Oman Chamber of Commerce and Industry (OCCI).
The session included an introduction to the objectives of the incentive programme and the startups’ market, highlighted key incentives allocated to closed-door firms and family-owned companies and elaborated on related regulatory and technical requirements.
The session also introduced the programme’s components that are intended to be supported to help the firms’ transition into MSX-listed companies.
The session focused on three main tracks of the programme: The first is the track of transition into public joint-stock companies. This target targets private and family companies with a market value exceeding OMR10 million to encourage them to enter the public market.
The second is the track of launching the Promising Companies Market. This refers to establishing a sub-market within the MSX, specifically designed to accommodate small, medium and startups whose market value exceeds half a million Omani rials.
The third is the track of transition into closed joint-stock companies. This encourages limited liability companies (whose value exceeds half a million Omani rials and employ more than 20 Omani employees) to engage in transition into the closed joint-stock company format.
The orientation session also sought to raise investment awareness among startup entrepreneurs, achieve integration between financial institutions and activate the participation of small and medium enterprises in the capital markets, in addition to encouraging companies to adopt modern management and financing models.
