FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT 2015
OMAN
Country Facts
• T otal area of Oman is about 309,500 square
kilometers, the second largest country in the
GCC region after Saudi Arabia and has a long
coastline of over 1,700 kilometers
• Oman borders Saudi Arabia and UAE in the
west; Yemen in the south; the Strait of Hormuz
in the North and the Arabian Sea in the East.
The capital of the country is Muscat
• Strategic location adjacent to Strait of
Hormuz, vital transit point for world crude oil
movement
• Natural resources includes Petroleum, Natural
Gas, Copper, Marble, Limestone, Chromium,
Gypsum etc.,
• Major Industries are Crude oil production/
refining, Natural gas, LNG, Cement, Copper,
Steel, Chemicals, Agriculture, Fisheries etc.,
Population: 4.092 million (Mid Year 2014) and
the country’s literacy rate is 87%
Political system: Monarchy (Sultanate) advised
by council of ministers
Constitution: Basic Law issued in 1996; latest
amended by royal decree in 2011
Currency: Omani Rial (OMR), pegged to US Dollar,
1 OMR = 2.6 USD
key CAPITAL MARKETS INFORMATION
Market Regular market, parallel & bond markets, third market, OTC
Legal Government independent legal entity
Regulation Self
Post-trade institutions Muscat Depository & Reg. Co SAOC (MDSRC)
Instruments Shares, commercial & government bonds, Mutual funds
Settlement and clearing Book entry / Electronic clearing linked with MDSRC
Securities Market Regulations Regulatory institutions, exchange, and market participants jointly
Surveillance Electronic
Trading Rules Exchange responsibility
key economıc data
GDP ANNUAL GROWTH (%)
INFLATION (%)
14 14
12 12
10
10
8
8
6
6
Oman is a member of GCC, UN, IMF, IBRD, Islamic
Development Bank, FAO, WTO, WHO, NAM etc.
2
0
2
Oman is an open economy with oil and gas
forming a significant portion in public finance.
As per official figures, the real GDP has increased
by 4.4% in 2014.
The country has a well regulated banking system
and an established capital markets.
4
4
DEBT TO GDP (%)
2008
2010
2012
2014
GDP PER CAPITA (PPP)
40 50k
35 45k
30 40k
25 35k
20 30k
15 25k
10 20k
5 15k
0
10k
1990
34
2006
2002 2004 2006 2008 2010 2012 2014
1995
2000
2005
2010
1980 1985 1990 1995 2000 2015 2010
FULL MEMBERS