Oman: Liberalisation gather pace with record IPO and new tourism law

Risk Management Reports
Issue 1179 - 25 Oct 2023 | 3 minute read

Risk Grade B3↑

Gas privatisation: Shares in state energy firm OQ’s gas pipelines business OQ Gas Network (OQGN) began trading on the Muscat Stock Exchange on 24 October. OQGN had raised OR288m ($750m) in its initial public offering of 49% of its shares, making it Oman’s largest IPO, ahead of previous front-runner Oman Telecoms Company, which floated in 2005.

Tagged with:

Pin Economy & business

Pin Oman

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.


Join our community

Sign up for an account to gain:

View a selection of Free articles

Explore subscription options

Follow us on Google News