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Muscat Daily, 17 August 2026: Oman’s Financial Services Authority (FSA) has added investment banking to the list of regulated activities under the new Executive Regulation of the Securities Law, marking a major reform to modernise the capital market.
The regulation establishes a comprehensive framework to strengthen the role of licensed entities in supporting the primary market, improving efficiency and liquidity, and expanding financing and investment options. Licensed investment banks will provide specialised services including capital raising, securities issuance, investment management, product structuring, portfolio management, research, advisory services, and issue management.
The framework also permits licensed entities to act as underwriters for issuances approved by the FSA. According to the authority, these reforms align with Oman Vision 2040, aiming to diversify financing channels, attract domestic and international capital, and enhance the financial sector’s contribution to economic growth.
Between 2021 and 2025, Oman’s capital market provided over RO7bn in financing, underscoring its growing role in supporting companies and economic projects. The presence of specialised investment banks is expected to broaden the investor base, increase institutional participation, and improve the efficiency of securities issuance.
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