Aimed at developing specialised capital market services, enhancing market efficiency, and expanding its capacity to provide diverse financing and investment channels, Financial Services Authority (FSA) issued Decision E/11/2026.
As per the decision, entities are licensed to conduct investment banking activities provide specialised financial services in the capital market, including assisting companies and other entities in raising capital and providing investment services and advisory services.
During the period from 2021 to 2025, financing provided through the capital market sector exceeded RO 7 billion, which sheds light on the role of the capital market as one of the financing channels in the Sultanate of Oman and its growing contribution to providing diverse financing options for companies and economic projects.
The Regulation defines the scope of investment banking activities to comprise five activities conducted collectively: investment management, product structuring, securities portfolio management, research and advisory services related to investment in listed securities, and issue management. It also permits entities licensed to conduct investment banking activities to act as underwriters for issuances approved by the FSA.
The issuance of the Executive Regulation of the Securities Law coincides with the continued improvement in the Sultanate of Oman’s credit standing.
In March 2026, S&P Global Ratings affirmed Oman’s sovereign credit rating at BBB- with a stable outlook, placing the Sultanate of Oman within investment grade.
The continued advancement of the regulatory and institutional environment of the capital market, alongside greater diversification of financing and investment instruments, supports an enhanced investment environment in the Sultanate of Oman and strengthens the market’s ability to attract local and international capital, contributing to a more effective financial market that supports inclusive economic growth.
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