Sohar: On Monday, the Oman Chamber of Commerce and Industry's (OCCI) North Al Batinah branch conducted an introductory workshop on the Incentive Programme and Promising Startups Index, which the Muscat Stock Exchange launched in partnership with the National Programfor Fiscal Sustainability and Financial Sector Development (Estidama).
The seminar examined the goals of the Incentive Programme and the Promising Startups Index, the incentives available to closed and family-owned firms, and the regulatory and technical criteria for switching to Muscat Stock Exchange-listed companies.
This project seeks to promote collaboration between financial institutions, encourage participation of small and medium-sized firms in capital markets, and encourage the use of contemporary management and financing methods. This helps to develop the commercial climate and promote long-term economic growth in the Sultanate of Oman.