OQEP Wins 'IPO of the Year' for Historic Offering, Raising OMR 610 Million

We are thrilled to announce that OQEP has been honored with the prestigious "IPO of the Year" award! Our CFO, Jaber Al Noumani, proudly accepted this recognition on behalf of the entire OQEP team.

This historic milestone marks the largest IPO in Oman’s history and the biggest in the Gulf region since 2023, raising OMR 610 million and attracting an oversubscription of 2.7 times. With a market capitalization now exceeding OMR 3 billion, OQEP stands as the largest company on the Muscat Stock Exchange (MSX), a testament to the strong confidence of both local and international investors and the robust progress of Oman’s economy.

We continue to contribute to economic diversification efforts and Vision 2040 objectives while paving the way for future investment and growth