H M decrees establishment of Promising Startups Index on MSX
Muscat – His Majesty Sultan Haitham bin Tarik issued three Royal Decrees on Tuesday reading as follows:
Royal Decree No 18/2025 promulgates the establishment of an index for promising startups.
Article 1 states that a sub-index to be named 'Promising Startups Index' will be established at Muscat Stock Exchange (MSX).
Article 2 stipulates that Financial Services Authority will undertake the tasks of supervision and audit of the companies listed in the Promising Startups Index.
Article 3 states that the Chairman of the Board of Directors of Financial Services Authority will issue the regulations and decisions necessary for implementation of provisions of this decree, as well as incentives granted to companies listed in the Promising Startups Index through coordination with departments concerned.
Article 4 states that this decree will be published in the Official Gazette and enforced from its date of issue.
Royal Decree No 19/2025 ratifies an agreement between the Government of the Sultanate
of Oman and the Government of the Republic of Maldives on mutual visa waiver for holders
of diplomatic, special, service and official passports, signed in Muscat on December 11, 2024.
Article 1 ratifies the aforesaid agreement as per the version attached to this decree.
Article 2 states that this decree will be published in the Official Gazette and enforced from its date of issue.
Royal Decree No 20/2025 ratifies an agreement between the Government of the Sultanate of Oman and the Government of Mongolia on mutual visa waiver for holders of diplomatic, official, special and service passports, signed in Muscat on December 9, 2024.
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