Muscat
Stock Exchange Lists Oman Gateway Fund as First Listed Open Ended Fund

Muscat,
2 Mar 2026 (ONA) — 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 LLC, the owner and manager of the fund, announced the successful conclusion
of the Initial Public Offering (IPO) phase, which attracted record-breaking
investments exceeding RO 26.5 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 LLC stated: “Exceeding
RO 26.5 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.

—Ends/AG