Monday 02 / March / 2026
Muscat: Muscat Stock Exchange (MSX) listed the Oman Gateway Fund. This fund stands as the Sultanate of Oman’s first mutual fund to innovatively combine the characteristics of an open-ended fund with the flexibility of real-time trading.
United Securities, the owner and manager of the fund, announced the successful conclusion of the Initial Public Offering (IPO) phase, which attracted record-breaking investments exceeding OMR26.5 million. This achievement establishes the offering as the largest public subscription for a mutual fund in terms of capital in the history of the Sultanate of Oman.
The Oman Gateway Fund operates as a regulated mutual fund and is simultaneously listed and traded on the MSX. Investors can buy and sell units during regular trading hours in the same manner as any listed equity, while benefiting from professional portfolio management, regulated governance, and net asset value-based pricing. No fund in Oman has been structured this way before. United Securities brings to this fund its strong track record in managing Omani Discretionary Portfolio Management (DPMS) mandates and will be applying the same disciplined and research-driven investment process that has consistently delivered results for DPMS clients directly into the management of the Oman Gateway Fund.
Over the past year, the MSX has seen a sharp and sustained rise in trading turnover and daily volumes, driven by Oman Vision 2040 reforms, fiscal consolidation, and increased market‑making activity. Oman's improving market governance and liquidity profile strengthen its case for inclusion in the FTSE and MSCI emerging market indices, a development that would attract significant passive and active capital inflows. The Oman Gateway Fund provides investors with a professionally managed diversified vehicle for local and foreigners investors to capture this opportunity at a pivotal moment in Oman's capital market development.
Haitham Al Salmi, Chief Executive Officer, Muscat Stock Exchange, stated:” The listing of Oman Gateway Fund represents a significant milestone in deepening the Omani capital market and diversifying the investment instruments available to investors. The inclusion of this type of traded fund enhances liquidity levels, improves pricing efficiency, and expands the investor base. This further solidifies the Muscat Stock Exchange’s position as a regulated and transparent market that supports efficient capital allocation. It also keeps pace with the continuous development of the market infrastructure, in line with our efforts to enhance the exchange’s attractiveness and reinforce its role as a fundamental pillar of the national financial ecosystem."
Mustafa Ahmed Salman, Chief Executive Officer, United Securities stated: "Exceeding OMR26.5 million from institutional and public investors in a single public offering reflects genuine confidence in Oman's capital markets and in United Securities. Our established track record in managing Omani DPMS mandates has given us deep and tested knowledge of this market, and we bring that expertise directly into the management of the Oman Gateway Fund. Combining the discipline of a mutual fund with the accessibility of an MSX-listed security is a first for Oman. We are proud to deliver this innovation and remain fully committed to bringing institutional grade investment products to Omani investors."
The listing of the Oman Gateway Fund marks a strategic milestone in enhancing the liquidity and dynamism of the Muscat Stock Exchange. By offering innovative investment vehicles, the fund aligns with the Sultanate of Oman’s strategic roadmap for financial sector development, further solidifying Oman’s position as a premier destination for regional and international capital.
