The Federation of Euro-Asian Capital Markets
About Company
The year 2025 marked a significant step forward for the Muscat Stock Exchange, reflecting not only stronger performance compared to 2024, but the success of a broader institutional transformation. The market delivered one of the strongest performances in the GCC, with the main index rising by 28.2%, while trading activity expanded by more than 300% year-on-year. This growth was supported by improved liquidity, broader investor participation, and stronger confidence, reinforced by Oman’s restoration of its investment-grade credit rating.
These results were driven by short-term dynamics, and structural improvements in market depth, governance, and investor engagement. The MSX has increasingly evolved into a platform that supports capital formation and long-term investment, aligned with the objectives of Oman Vision 2040.
Like any developing market, we faced challenges, particularly in further deepening liquidity across a wider range of listed companies and strengthening our competitiveness within a rapidly evolving regional landscape. In response, we focused on enhancing market infrastructure, including the activation of market makers and liquidity providers, as well as expanding our international outreach to attract a more diversified investor base.
In terms of our strategic priorities, we successfully delivered on our objectives for the year. We strengthened governance and transparency, introduced new market initiatives, and expanded the investment ecosystem, including the launch of the Alternative Investment Market to support high-growth companies.
Overall, 2025 was a year of strong progress. We are now building on this momentum to further deepen the market, enhance liquidity, and position Muscat Stock Exchange as a more competitive and globally connected financial marketplace — and ultimately as the Exchange of Opportunities.
Project of the year:
Muscat Stock Exchange
Established: 1988
Address: P.O Box 3265 Postal Code: 112 Ruwi,
Sultanate of Oman
Contact Name: Kamal Al Hinai
Email: info@msm.gov.om
Website: www.msx.om
- Joined FEAS in 2001-
Haitham Al Salmi
Chief Executive Officer
Year in review