FSA
Reduces Dividend Distribution Period for Shareholders to 7 Days

Muscat,
25 Nov 2025 (ONA) — The Financial Services Authority (FSA) issued a circular
to all public joint-stock companies and investment funds mandating the
reduction of the period for transferring due dividend distributions to shareholders
and unit holders from 15 days to a period not exceeding 7 days from the date of
the General Assembly meeting or the Board of Directors meeting.

The
FSA explained that the circular aims to accelerate the dividend distribution
process in the capital market, reflecting the organizational efficiency of the
Omani market. It emphasized the importance of ensuring that the disclosure of
the General Assembly or Board of Directors decision, which approved cash
dividend distribution to investors, includes the eligibility date determined by
the Board of Directors for interim profits.

The
FSA called upon all public joint-stock companies and investment funds to ensure
the transfer of the approved cash dividends to the Muscat Clearing and
Depository Company (MCD) within a period not exceeding 4 working days from the
date of the General Assembly meeting, the Board meeting, or the eligibility date.
It confirmed that the MCD is responsible for transferring the dividends to the
bank accounts of their beneficiaries within a period not exceeding 3 working
days from receiving the dividends from the issuing entities.

—Ends/AG