
OQ
Organizes Capital Markets Day
Muscat,
23 Sep (ONA) —OQ, Oman’s global energy investment group, convened more
than 200 institutional investors, analysts and market leaders at its inaugural
Capital Markets Day (CMD).
The
event highlighted the contribution of OQ’s listed subsidiaries, which now
account for more than 30% of the Muscat Stock Exchange’s (main and parallel
markets) total capitalisation, with a combined market value exceeding RO 4
billion and dividends of RO 212 million distributed year-to-date. This
reinforced OQ’s role as a trusted investment benchmark and a bellwether for
market liquidity and investor confidence in Oman.
In
this context, the vision of the Group’s subsidiaries was reflected in their
financial and operational performance as well as their shared investment
outlook.
OQ
Exploration & Production (OQEP) emphasised its shareholder returns through
dividends and share buy-back programmes, while pursuing strategic
expansion.
OQ
Gas Networks (OQGN) highlighted its regulated business model and long-term cash
flow visibility. OQ Base Industries (OQBI) showcased its scale and focus on
financial discipline, governance and growth. Abraj Energy Services demonstrated
its operational strength and investment-ready profile, while Musandam Power
Company (MPC) reaffirmed its consistent dividend record and reliability in
Oman’s power sector.
The
forum embodies OQ’s leadership, building on four IPOs that over the past two
years reshaped the investment landscape; diversifying sectors, attracting
sustained international capital inflows, and enhancing liquidity and
transparency. Together, these offerings added more than 6 billion shares to
trading volumes, supported by accredited market makers across all listed
entities, strengthening investor trust and positioning OQ as the national
engine of financial transformation and a strategic force in Oman’s rise as a
regional hub for global capital.
The
programme also featured a high-level panel discussion,“Enhancing Oman’s
Stock Exchange: The Role of the Energy Sector in Attracting Investors to Oman”,
with participation from senior decision makers and regulators.
Commenting
on both events, Group Chief Executive Officer of OQ, Ashraf Hamed Al Mamari
said: “By convening OQ’s Capital Markets Day in conjunction with MEIRA 2025, we
are reinforcing our commitment to open, data driven dialogue with the investors
community and helping to drive broader participation in Oman’s capital market.”
“These
dialogue platforms are essential for entrenching transparency, deepening market
liquidity and bolstering Oman’s standing as a credible, long-term investment
destination. For OQ, the objective is twofold: deliver sustainable returns
today while charting the path to tomorrow’s energy systems through expanding
our investments in the energy sector,” he added.
OQ’s
Chief Portfolio Officer, Azzan Al Abdullatif said: “OQ Capital Markets Day
coincides with the MEIRA’s annual conference, which Muscat is hosting for the
first time under the patronage of the Muscat Stock Exchange. This event
underscores our commitment to advancing investor relations and embedding the
highest standards of transparency and disclosure. It also reaffirms the
resilience of our Group’s financial and operational performance, and the
sustainable value we deliver to shareholders.”
He
added: “Building trust demands continuous dialogue with investors. Guided by
OQ’s Portfolio function, we have this year introduced a series of measures to
strengthen engagement, including establishing dedicated investor relations
units within our listed companies, convening interactive sessions on financial
performance and key priorities, and ensuring rigorous reporting with consistent
disclosures. Equally, we continue to work in close partnership with the Muscat
Stock Exchange, the Financial Services Authority, and Muscat Clearing and Depository
to reinforce confidence and deepen market liquidity.”
OQ
organised a site visit for participants on OQ’s Capital Market Day to the
group’s integrated industrial assets in Suhar, giving participants direct
insight into the Group’s investment capacity and infrastructure base that
underpin Oman’s Vision 2040 diversification agenda.
—Ends/AG