News
His Majesty Issues Three Royal Decrees on Stock Market, Visa Waivers
His Majesty Sultan Haitham bin Tarik has issued three Royal Decrees, introducing key measures related to the stock market and visa agreements with foreign nations, according to the Oman News Agency (ONA).
Under Royal Decree No. 18/2025, a new sub-index called the Promising Startups Index has been established at the Muscat Stock Exchange (MSX). The Financial Services Authority (FSA) will oversee and audit companies listed under this index. The Chairman of the Board of Directors of the Authority will issue regulations to implement the decree and outline incentives for listed companies in coordination with relevant departments.
Meanwhile, Royal Decree No. 19/2025 ratifies an agreement between the Sultanate of Oman and the Republic of Maldives for mutual visa waivers. The agreement, signed in Muscat on December 11, 2024, allows holders of diplomatic, special, service, and official passports to travel between the two countries without requiring a visa.
Similarly, Royal Decree No. 20/2025 ratifies an agreement between Oman and Mongolia, enabling mutual visa waivers for specific passport holders.
The decrees come as part of Oman’s broader efforts to strengthen economic opportunities and enhance international diplomatic relations.
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