CMA reviews investment options for Sohar Free Zone companies

CMA reviews investment options for Sohar Free Zone companies

Muscat: An introductory seminar was held on Tuesday in the Sohar Free Zone on the capital market and its financing options to enhance investment activities. The event was organised by the Capital Market Authority (CMA) in cooperation with the Public Authority for Special Economic Zones and Free Zones at the Sohar Free Zone and targeted the heads of boards of directors and executive departments of companies operating in the Sohar Free Zone. The symposium aimed to exchange views between the capital market sector institutions and the existing institutions in the existing economic zones and free zones in the Sultanate of Oman by emphasising the importance of the sector in ensuring the sustainability of companies' performance and ensuring the provision of long-term. Mohammed Said Al Abri, Vice President for Capital Market at the Capital Market Authority said the capital markets are the main pillar in supporting the economic development worldwide further to being the underpinning in creating a true partnership between the public and private sectors through furnishing financing for huge development and investment projects supporting the economy. Al-Abri added the Omani capital market is ready, legislative, and technology-wise to finance huge productive projects to ensure the expansion of investment and