Tag: Capital Market Authority
Published in Official Gazette 1449 issued on 13 July 2022.
Published in Official Gazette 1438 issued on 17 April 2022.
Published in Official Gazette 1428 issued on 6 February 2022.
Published in Official Gazette 1428 issued on 6 February 2022.
Based on the Insurance Companies Law promulgated by Royal Decree 12/79,
the Vehicle Insurance Law promulgated by Royal Decree 34/94,
the Executive Regulation of the Insurance Companies Law issued by Ministerial Decision 5/80,
the decision to renew the license registration of AXA Insurance Company (Gulf) BSC (Closed) to practise the activities of general insurance and life and savings insurance E/85/2021,
and to the letter from the office of Said Al-Shahry and Partners for Advocacy and Legal Consultancy, dated 29 December 2021, Requesting the Amendment of the Name of AXA Insurance Company (Gulf) BSC (Closed) to Gulf Insurance Group (Gulf) BSC Closed (Sultanate of Oman Branch),
and in pursuance of public interest,
it is hereby decided
Article I
The name of “AXA Insurance Company (Gulf) BSC (Closed)”, mentioned in the aforementioned Decision E/85/2021, is hereby amended to “Gulf Insurance Group (Gulf) BSC Closed (Sultanate of Oman Branch)” as of the date of issuance of this decision.
Article II
This decision shall be published in the Official Gazette.
Issued on: 3 Jumada Al-Thani 1443
Corresponding to: 6 January 2022
Abdullah bin Salim bin Abdullah Al-Salmi
Executive President of the Capital Market Authority
Published in Official Gazette 1425 issued on 16 January 2022.
Based on the Commercial Companies Law promulgated by Royal Decree 18/2019,
and in pursuance of public interest,
it is hereby decided
Article I
Public joint stock companies shall deduct a percentage of not less than 20% (twenty percent) from their budget allocated for social responsibility programmes for the benefit of Oman Charitable Organisation.
Article II
This decision must be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 25 Jumada Al-Awwal 1443
Corresponding to: 30 December 2021
Sultan bin Salim bin Said Al-Habsi
Minister of Finance
Chairman of the Board of Directors of the Capital Market Authority
Published in Official Gazette 1424 issued on 9 January 2022.