New licensing framework for credit rating activities in Oman Business

New licensing framework for credit rating activities in Oman

  • August 11, 2026
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MUSCAT: Oman has introduced a regulatory framework governing credit rating activities as part of newly issued Executive Regulations of the Securities Law, requiring credit rating providers operating in the Sultanate to obtain a licence from the Financial Services Authority (FSA), in a move expected to strengthen transparency and investor confidence as the country’s capital market […]

S&P assigns inaugural ‘BBB-‘ global issuer rating to OQEP Business

S&P assigns inaugural ‘BBB-‘ global issuer rating to OQEP

MUSCAT: OQ Exploration & Production SAOG (OQEP) – the upstream arm of Oman’s integrated energy group OQ – has secured its inaugural global credit rating, with S&P Global Ratings assigning the company a ‘BBB-‘ long-term issuer credit rating and a ‘gcAA-‘ Gulf Cooperation Council (GCC) regional scale rating, both with a Stable outlook. The maiden […]