Oman Investment Authority allocates OMR100mn to boost liquidity at MSX

Oman Investment Authority (OIA) has announced the allocation of OMR100 million to support Muscat Stock Exchange (MSX) through a “liquidity fund” initiative launched by the OIA in cooperation with the National Programme for Financial Sustainability and Financial Sector Development.

Aoun Abbas Al Bahrani, Director General of Public Market Investments at the OIA, said that the Liquidity Fund initiative, launched by OIA in cooperation with the National Programme for Financial Sustainability and Financial Sector Development last week, is a portfolio worth OMR100 million aimed to support the market maker and liquidity provider in MSX.