Oman on Track to Join Prestigious Global Emerging Market Indices and Double Its Market Value

According to the latest Oman Capital Markets Outlook 2024 report by Oman Investment Bank (OIB), the country’s market capitalisation is expected to double by 2030. Daily trading volumes are also forecasted to rise significantly during the same period, reflecting improved market activity and liquidity.

Progress Towards Global Indices

Oman is taking steps to secure its position in the MSCI and FTSE Emerging Market Indices, two prestigious global benchmarks for evaluating capital markets. Achieving this status could attract substantial foreign investments and enhance Oman’s international standing.

Steady Growth in the Debt Market

Oman’s debt market is expected to grow sustainably, driven by private sector activity, with its volume anticipated to reach significant levels by the end of the decade.

Transformation Through Government Reforms

The Vision 2040 initiative and progressive reforms, including:

• Major initial public offerings (IPOs),
• Market infrastructure improvements,
• Strengthening regulatory frameworks,

are accelerating the transformation of Oman’s capital markets.

Strategic Insights

The OIB report provides a comprehensive analysis of the opportunities and challenges in Oman’s capital markets, focusing on:

• Increasing market depth,
• Enhancing liquidity,
• Attracting greater foreign investor participation.

Akin Tuzun, Head of Research at Oman Investment Bank, stated:
“Oman is at a pivotal moment in its financial evolution. This report highlights the opportunities and challenges ahead, providing actionable insights for investors and policymakers.”

A Bright Future for Oman’s Capital Markets

With extensive reforms and development plans, Oman is on track for sustainable growth and economic diversification. The nation is set to experience a transformative decade, positioning itself as an attractive destination for international investors.