Five-Year Capital Market Incentive Programme Expands Financing Options

The Financial Services Authority (FSA) today outlined the 'Capital Market Incentive Programme (CMIP)' based on Royal directives to launch a package of incentives that contribute to developing the investment and business environment in the Sultanate of Oman in a manner that serves economic development and achieves the goals of Oman Vision 2040. The programme makes use of various financing options provided by the capital market for various categories of companies. This was unveiled at a press conference organised by the FSA along with other departments, including the Ministry of Finance, the Ministry of Commerce, Industry and Investment Promotion, Muscat Stock Exchange (MSX) and Estidamah (National Programme for Fiscal Sustainability and Financial Sector Development). Source: Oman News Agency