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Muscat Securities Exchange achieved significant growth during the first half of 2026, with its main index rising by 28%, marking the best performance among Gulf markets. This was driven by improved fundamentals of listed companies and rising oil prices, which surpassed $89 per barrel, boosting corporate profits and increasing liquidity to approximately 58 million Omani riels. There was also a record increase in the number of transactions, exceeding 200%. The exchange expects this momentum to continue with higher trading volumes in the second half, especially with the listing of Omifco, which recorded subscription requests exceeding 4.6 billion Omani riels. Additionally, Oman is likely to continue improving its credit ratings, further enhancing its attractiveness to foreign investment.
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