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Officially called the Sultanate of Oman, the country is the oldest continuously independent state in the Arab world. Oman has a very strategic geographic location at the mouth of the Persian Gulf, with its capital Muscat having a long history and tradition as a trading centre.

Oman’s economy, like most of the countries in the region, is heavily dependent on the oil and gas industry, with this sector accounting for 30% of its GDP. The country has a population of 4.5 million people, and the key cities in the country are Muscat, Salalah, and Sohar.

Oman - GDP Growth Rate (%)
Oman GDP Growth (%)
Source: IMF
Oman - MSM30 Index
Oman - MSM30 Index
Source: Bloomberg

Stock Market:

The Muscat Stock Exchange is the only stock exchange in Oman and was set up in June 1988. The main index of the exchange is the MSM-30 Index which consists of the thirty most liquid names listed on the exchange. The financials sector has the highest weight in the MSM-30 Index at 61% as of December 2021. The exchange has 114 listings and the MSM-30 Index has a market capitalization of USD 14.4 billion as of December 2021.

Useful Links:

Muscat Stock Exchange website:


Population: 4.5m 

  • Strategically located near Persian Gulf sea lanes
  • Important oil and gas producer in the region