#Muscat Stock Exchange

Oman’s OQ to offer 49% stake in methanol, ammonia unit

Oman’s OQ to offer 49% stake in methanol, ammonia unit

The listing would allow investors to invest in Oman’s only production company of methanol, ammonia and LPG products

OQ Exploration and Production seeks to raise $2bn from IPO

OQ Exploration and Production seeks to raise $2bn from IPO

The IPO attracted six cornerstone investors, including Al-Hosn Investment Company, Bank Dhofar and Tanmia, which agreed to subscribe for shares worth as much as OMR156m

GCC IPO momentum to remain robust in 2024

Here’s why the GCC IPO bonanza is here to stay

The GCC region is set to see more equity capital markets activity in 2024 as more companies are considering public listings amid a global slowdown

OQ Gas Networks seeks to raise up to $771m from IPO

Oman’s OQ Gas Networks seeks to raise up to $771m from IPO

The institutional investor tranche represents 40 per cent of the offering while the retail portion accounts for 30 per cent

OQ Gas Networks to list 49% stake on Muscat Stock Exchange

Oman’s OQ Gas Networks to list 49% stake on Muscat Stock Exchange

The selling shareholders reserve the right to amend the size of the offering at any time before the end of the subscription period

GCC stock markets are hitting record highs

GCC stock markets are hitting record highs. Here’s why

After a strong performance last year, the GCC region is set to see more activity in its capital markets in the medium term

Sohar International eyes merger with HSBC Bank Oman

Sohar International recorded a 41.6 per cent increase in net profit to OMR28.3m for the year ended December 31, 2021

Oman

Oman to allow full foreign ownership in listed companies

Muscat Clearing and Depository finalised measures to open up the market