Muscat Stock Exchange Leads Gulf Region Gains Amid New Healthcare Investment Opportunities
The Muscat Stock Exchange has begun preparing its new five-year strategic plan after achieving approximately 96% of its current strategy. This progress has contributed to an increase in the market value of companies from 20% to about 40% of GDP, and the average trading volume has doubled from less than two million Omani rials to around 60 million rials daily. The exchange recorded a strong initial performance in the first half of the year, with its main index rising by 28%, and trading value exceeding 7 billion Omani rials, an increase of 650%. Additionally, OQIO Exploration and Production received investment-grade credit ratings. The Ministry of Commerce and Industry is also aiming to attract investments worth 16 million rials in the healthcare sector through investment opportunities in early detection, medical rehabilitation, and medical industries.
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