MAIA: OMIFCO CEO: Operation Not Impacted by Hormuz Closure

🌐 Bloomberg (OM) —

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Oman India Fertiliser Company (OMIFCO) announced a landmark IPO on the Muscat stock exchange amid disruptions in the Strait of Hormuz affecting global fertilizer markets. CEO Ahmed Said Al-Marhoubi discussed the listing against the backdrop of soaring prices and food security concerns.

Oman India Fertiliser Company, has announced a landmark IPO on the Muscat stock exchange, as it looks to capitalize on soaring prices and growing investor interest in the sector. The listing comes at a time when disruptions in the Strait of Hormuz is reshaping global fertilizer markets and raising concerns about food security. Ahmed Said Al-Marhoubi, CEO of OMIFCO spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa about the timing of their listing. (Source: Bloomberg)

Politics Markets Deals Real Estate Commodities Energy Shipping OMIFCO IPO Strait of Hormuz fertilizer market energy disruption food security Muscat

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