Monday 22 / December / 2025
Algiers – The Financial Services Authority (FSA) of the Sultanate of Oman took part in the 3rd Annual Financial Market Conference, held in the Algerian capital, Algiers.
The conference brought together senior representatives of Arab capital market regulators, financial institutions, and regional and international experts, as part of efforts to strengthen Arab cooperation and exchange expertise in the development of capital markets.
The FSA took part in two sessions. The first was the President Dialogue Session, which discussed the current state and recent developments of Arab capital markets, the challenges they face, and ways to enhance their efficiency, depth, and role in financing the real economy.
During the session, the Authority stressed the importance of shifting from a focus on quantitative market growth to improving the quality of growth, through diversifying financial instruments, deepening liquidity and strengthening governance and disclosure practices.
The second session focused on sustainable finance and sukuk, aimed at reviewing international experiences and the challenges related to promoting the issuance of sustainable instruments. The session addressed sustainable finance as a key pillar for capital market development, emphasising the importance of integrating sustainability into regulatory frameworks and developing sustainable financing tools that support long term risk management and enhance investor confidence. The regulatory maturity of sustainable finance and sukuk in the Sultanate of Oman was commended, with the FSA shedding light on the importance of gradual regulation and thorough market assessment.
The FSA also participated in specialised sessions on digital transformation and financial technology, where discussions highlighted the impact of digital solutions in expanding the investor base, enhancing market efficiency, and supporting financial inclusion. Participants underscored the role of regulators in enabling responsible innovation while ensuring investor protection.
The conference featured in depth discussions on financial inclusion, particularly the shift from access to financial services towards a broader concept of financial wellbeing, which contributes to enhancing financial stability for individuals and households. Participants also discussed the role of capital markets and non-banking financial institutions in supporting this approach within integrated regulatory frameworks.
In conjunction with the conference, the Financial Services Authority held a coordination meeting on the following day with the host authority, the Securities and Investments Organization and Monitoring Commission (COSOB), to explore prospects for institutional cooperation between the Sultanate of Oman and the People’s Democratic Republic of Algeria. Discussions focused on technical cooperation, particularly between capital market institutions, the exchange of expertise in the digital transformation of licensing procedures, and efforts to encourage company listings in capital markets.
This participation reflects the FSA’s commitment to strengthening Oman’s presence in regional forums, supporting Arab integration in capital markets, and benefiting from comparative experiences in a manner that contributes to the development of Oman's capital market, in line with the goals of Oman Vision 2040.
