November 22, 2024
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???New insurance regulations are credit positive???

The Capital Market Authority's (CMA) new regulations requiring Omani insurers to be listed on the Muscat Securities Market and maintain capital of at least OMR10 million (USD26 million), will strengthen the Omani insurance industry, says Moody's Investors Service. In the report titled Oman Insurance Market Update Mohammed Ali Londe, analyst, said: "The new CMA requirements […]
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