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Muscat Securities Market (MSM) Director General Ahmed Saleh Al Marhoon on capital market activities in Oman

Oman's market cap-to-GDP ratio is the lowest among the GCC nations. What actions or initiatives need to be taken to further increase Oman's market cap-to-GDP ratio?AL MARHOON: Oman's current market cap-to-GDP ratio indicates that there is room for expansion on the MSM. For the last few years, we have been focusing on raising the ratio to that of the other international markets. We are | Oman's market cap-to-GDP ratio is the lowest among the GCC nations. What actions or initiatives need to be taken to further increase Oman's market cap-to-GDP ratio?AL MARHOON: Oman's current market cap-to-GDP ratio indicates that there is room for expansion on the MSM. For the last few years, we have been focusing on raising the ratio to that of the other international markets. We are

IsDB seeks more MENA projects financing

The Islamic Institution for the Development of the Private Sector is planning to set up Islamic banks and financial leasing companies in the Middle East, Khaled Al Abboudy, chief executive officer of the institution, told Zawya.

Egypt's sukuk projects attract eight banks

Egypt's ministry of finance has received applications from eight foreign and Arab banks to promote to investors a number of shariah-compliant infrastructure and service projects, a ministry official told Zawya.

Egypt to open bidding for stadium before end-2013

The Central Unit for Public Private Partnership (PPP) at Egypt's ministry of finance is considering offering the 6th of October stadium project to the private sector through a global tender to be announced before the end of this year, the unit director told Zawya.