Oman Attracts Investments By Allowing Full Ownership in Listed Companies, Expanding Free Zones

Published March 28th, 2022 - 01:55 GMT
Oman Attracts Investments By Allowing Full Ownership in Listed Companies, Expanding Free Zones
The decision is supposed to attract international investors and create a more flexible environment for their investments. (Shutterstock)

A day after His Majesty Sultan Haitham bin Tarik’s Royal Decree issued to expand free zones in Oman in an attempt to attract foreign investors, Oman’s stock exchange has announced plans to allow full foreign ownership in listed companies.

Oman
Source: Twitter

According to Muscat Stock Exchange's tweet, Muscat Clearing and Depository finalized measures to open up the market. The decision is supposed to attract international investors and create a more flexible environment for their investments.


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