Tag: CMA
Oman’s Capital Market Authority Establishes Supreme Sharia Supervisory Board
The Capital Market Authority in Oman is establishing a new Supreme Sharia Supervisory Board that will take decisions on issues of fiqh disputes in...
MSX Declines 11 Points
Muscat: Muscat Stock Exchange (MSX) general index (30) today decreased (11.3) points, comprising a decline by (0.28%) to close at (3960.21) points, compared to...
CMA To Update e-Link Between Insurance Firms & ROP
Muscat: The Capital Market Authority recently floated a tender for the operation and maintenance of the e-insurance systems. The electronic link system was launched...
Bank Muscat Oryx Fund posts 13.4% gain during Nine Month period in 2019
Bank Muscat’s Oryx Fund registered industry leading gains of 13.4% during the nine month period ending September 30, 2019 as against a return of...
Capital Market Authority suspends eight audit firms for three months
The Capital Market Authority (CMA) has suspended eight audit firms from auditing the accounts of CMA-regulated companies, according to a statement released on its...
CMA creates fund to help companies with insurance payouts
Oman’s Capital Market Authority (CMA) has created a fund to assist local companies unable to offer insurance payouts to their employees.
The fund will support...
Sohar International rights issue oversubscribed; Tier 1 capital raised by OMR40m
Sohar International recently announced the successful closure of its rights issue with an oversubscription. This raises its Tier 1 capital by OMR 40m.
In spite...
