Bid to privatize Muscat Securities Market
The government of Oman is presently studying the option of privatizing the Muscat Securities Market (MSM) in a bid to boost both liquidity and depth of the bourse. A Paris-based solutions provider for securities industry, has suggested
converting MSM into a private company, Yahya bin Said al Jabri, Executive President of the Capital Market Authority (CMA), told the Oman Observer. The boards of each of the MSM and CMA are currently reviewing the proposal.
Another proposal was to effectively promote the market for enhancing traded volumes.