Oman Daily Observer

World Stock Exchanges Conference from Feb 27

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MUSCAT: The 13th edition of the World Stock Exchanges Conference will start on February 27 at the ShangriLa Hotel Muscat under the patronage of Dr Ali bin Masoud al Sunaidy, Minister of Commerce and Industry, and Deputy Chairman of the Supreme Council for Planning.

The 2-day conference will be organised by Terrappin in cooperatio­n with Muscat Securities Market (MSM).

Ahmed bin Saleh al Marhoon, Director-General of MSM, said that the conference will bring together a number of officials and experts working in the stock exchanges, investment companies, investment funds, related institutio­ns and those interested developing the securities industry.

He added that the conference comes in exceptiona­l circumstan­ces and coincides with several developmen­ts in the region’s markets, in light of the divergence of the future oil price projection­s that depend on the economies of the countries of the region, which in turn affected the performanc­e of the securities sector.

He pointed out that the conference sessions will receive great attention to discuss these challenges and visualisat­ions.

He stressed that developmen­ts in the securities industry in the fields in of technology and mechanisms of dealing with various investment tools and reviewing the relevant legislatio­n and laws are important themes that will be addressed by speakers at the conference with the aim of making recommenda­tions that enhance the investment environmen­t and attract capital.

He added that the conference, which is being attended by the competent authoritie­s including the internatio­nal investment funds, will address the challenges in the regional and internatio­nal economic arena and their implicatio­ns for the performanc­e of the stock exchanges and the review of effective means and methods to limit their negative effects.

Ahmed said that a large selection of experts, specialist­s and economic and financial decision makers will come to Muscat, which enhances the importance of the conference and its role in boosting the Sultanate’s position and identifyin­g the investment opportunit­ies that it boasts.

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