Transformation of MSM to Muscat Stock Exchange completed By: Times News Service Muscat: An Omani closed joint stock company has been established under the name of Muscat Stock Exchange (MSX), from Saturday (April 10, 2021) to takeover and undertake all activities and functions of the Muscat Securities Market (MSM). This was in accordance with the Royal Decree No. 5/2021 issued by His Majesty Sultan Haitham bin Tarik, dated January 5, 2021 (Royal Decree). In accordance with the Royal Decree, all assets, liabilities, activities, rights and functions of MSM stand transferred and assigned to MSX. The Muscat Stock Exchange will operate under the umbrella of Oman Investment Authority (OIA), which has been established to provide financial solutions to the Sultanate's diverse and growing economic demands.