Economy
Oman-Morocco Sign MoU on Supervision, Auditing of Insurance Sector

Muscat: The Capital Market Authority (CMA) and the Supervisory Authority of Insurance and Social Welfare (ACAPS) in the Kingdom of Morocco today signed a Memorandum of Understanding (MoU) in the field of supervision and auditing of the insurance sector.
The MoU will contribute in enhancing cooperation between the two sides in the field of insurance, information and experience exchange to develop legislative and technical systems.
The MoU seeks to achieve a set of goals, such as exchanging expertise in the field of natural disasters, insurance risks and technical systems used in auditing and supervising insurance companies. It also aims at enhancing coordination in the field of combating money laundering and terrorist financing related to the insurance sector.
The MoU was signed by Abdullah Salim Al Salmi, CEO of the CMA and Othman Khalil El Alami, Acting Chairman of the ACAPS.
The signing ceremony was attended by Tarik Al Hussaisan, Moroccan Ambassador to the Sultanate of Oman.
-
News1 month ago
Offer Price, Overview, Investors: Here’s Everything You Need to Know About Asyad Shipping’s Mega IPO
-
OER Magazines1 month ago
OER, February 25
-
Automotive2 months ago
[REVIEW] A Legend Reinvented: The Nissan Patrol Y63 Blends Heritage with Modern Mastery
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, February 2025
-
Energy1 month ago
Dubai Supreme Council of Energy Unveils 5th Emirates Energy Award 2023–2025 in Muscat
-
News2 months ago
Oil Prices Rise as Investors Assess New US Tariff Threats
-
News2 months ago
Middle East Emerging as a Key Destination for Sports Tourism
-
Banking & Finance1 month ago
Alizz Islamic Bank Partners with Visa to Launch Premium Shari’a-Compliant Card Solutions