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Unified insurance cover for 50,000-strong Omani fisher community

@conradprabhu - MUSCAT: The fisher community at the heart of one of the Sultanate of Oman’s biggest economic sectors will soon benefit from insurance coverage to secure them, their equipment and assets, from an array of perils when operating out at sea.A customised insurance policy, approved recently for implementation by the Capital Market Authority.

From fries to fuel: Sultanate of Oman s transition to green fuels

MUSCAT: As crude oil prices surge in the Middle East, biofuels could be a strong contender for trucks, ships, buses and cars in the region, according to the promoters of the Sultanate of Oman’s first biodiesel refinery. Wakud, located in Khazaen Economic City, is set to scale up the commercial production and sale of local biodiesel. Their plant utilises.

CMA readies draft of standard insurance policy for boats, vessels

The Capital Market Authority (CMA) has prepared the first draft of the standard insurance policy for fishing boats and vessels, which will be made public to elicit feedback from stakeholders.The standardised policy will help provide for a safer business environment for investors exploring opportunities in economic activities involving the use and operation.

CMA prepares standard insurance for fishing boats

Oman Development Bank funds projects worth $41m

Oman Development Bank funds projects worth $41m
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