A study of an Omani academy presented by Omani researcher Mohamed Al Balushi confirmed the role of stock exchanges in directing savings towards financing investments as one of the effective financing tools in the economies of the Gulf Cooperation Council countries, taking the Muscat Stock Exchange as a study.
This study comes at a time when the Gulf financial markets seek to enhance its role, deepen its markets, and diversify its tools in light of the attractiveness of the investment environment in the Gulf Cooperation Council states that stimulate direct foreign investment, led by the economic reforms made by Gulf governments.
The research study is the first of its kind in the Sultanate of Oman, which deals with the issue of the stock market in the Sultanate of Oman in financing investments in a way that contributes to enhancing the position of the Muscat Stock Exchange as a market maker, a liquidity provider and a catalyst for investment in it, according to the national trends towards “Oman 2040”.
The study aimed to know “the role of the Muscat Stock Exchange in financing investments according to the vision of Oman 2040”, and highlighted the programs implemented by the stock exchange and enhanced its mission as one of the financing tools and generated by investment opportunities in the capital market sector, and to know the extent of developments in the stock market in recent years.
The study confirmed that the relationship between the Muscat Stock Exchange and the increase in the level of financing of investments was a strong, positive and expense relationship according to the vision of Oman 2040, that is, the greater the level of the role of the Muscat Stock Exchange in the Sultanate of Oman, the level of financing of investments through subscriptions (stocks) and the issuance of bonds. Successful tools in financing investments according to Oman Vision 2040, and implementing national initiatives for the financial sustainability program that works to enhance the role of the Muscat Stock Exchange as an investment financier.
The study also recommended the establishment of a joint committee between the Muscat Stock Exchange and the Central Bank of Oman to discuss aspects of joint cooperation to enhance the financing tools for economic and investment projects in the Sultanate of Oman, and to benefit from artificial intelligence in strengthening technical aspects on the Muscat Stock Exchange, which contributes to the continuous improvement of the investment environment.
It is worth noting that the study opens welcoming horizons for more specialized research in the economic field, raising the efficiency of the money market, enhancing financial inclusion, financial technologies, providing various financing products, raising societal awareness, promoting financial culture, and raising the efficiency of human cadres, and it came to obtain a master’s degree from the Modern College of Trade and Science.
