Muscat bourse to target oil, logistics sectors for listings this year, CEO says

Muscat bourse to target oil, logistics sectors for listings this year, CEO says
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Updated 18 January 2022
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Muscat bourse to target oil, logistics sectors for listings this year, CEO says

Muscat bourse to target oil, logistics sectors for listings this year, CEO says

RIYADH: The Muscat stock exchange will target the logistics and oil sectors for listings during the second half of 2022, CEO of the bourse, Haitham Al Salmi, told Al Arabiya.

Oman’s MSX, as it is known, is expected to see 200 new listings, Al Salmi added.

He said that this comes amid efforts to incorporate big companies and diversify as the bourse is currently mainly concentrated in the financial sector.

Earlier in the week the Oman News Agency reported the bourse would seek an upgrade from a frontier status to that of an emerging market.