The Omani news agency quoted Muscat stock exchange board chairman Mohammed Al-Ardi as saying today, Monday, that the board seeks to upgrade the stock exchange to an emerging market.
Al-Ardhi added that there is an agreement with the Oman Investment Authority to list a number of government companies in bag during questyear, which will support liquidity levels and increase the depth of the stock and investment attractiveness.
He said the board seeks to upgrade the stock exchange from a frontier to an emerging stock exchange, according to approved rating agencies, working to increase the liquidity of listed shares and market values and focusing on facilitating the entry of foreign investment companies. .
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