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Insurance experts and employee welfare advisors feel that once the Dhamani (Arabic for guarantee) system is in place, it will remove the financial burden from workers. (Shutterstock)

March 20th, 2019 - 08:02 GMT

Health Insurance in Oman: A Solution for Employees, a Burden on Employers

Employees in Oman’s private sector won’t have to pay a single rial towards health insurance after the mandatory system is rolled out, the scheme administrator Capital Market Authority has said.

The index is among the top performers on a global scale, ending the month of June with a 15.1% gain since the beginning of the year. (File/Photo)

July 29th, 2018 - 09:02 GMT

Saudi Stock Market Prospers in First Half of 2018

CMA is currently drafting plans to roll out mandatory health insurance, after the Council of Ministers reached a decision to make it a necessity for all residents and citizens in the country. (Shutterstock)

July 16th, 2018 - 09:53 GMT

Health Insurance to Become Mandatory in Oman

SAGIA offers supportive and advisory services to organizations to deliver solutions to their business needs. (Shutterstock)

July 15th, 2018 - 11:35 GMT

Saudi Fintech Future Highlighted in London Forum

The Kingdom is driving development in the sector as part of its plan to diversify the economy away from oil and meet the targets outlined in the Vision 2030 reform plans. (Shutterstock)

July 12th, 2018 - 11:33 GMT

First Fintech Licenses Approved in Saudi Arabia

Prince Alwaleed bin Talal. (Reuters)

February 25th, 2018 - 11:32 GMT

Prince Alwaleed, Khalid Al Falih: Top 5 Most Powerful Men in Saudi Arabia

Vice President and Finance Minister of Switzerland Ueli Maurer arrived in the Saudi capital with a high-level delegation of Swiss bankers and diplomats to hold talks with senior Saudi officials/AFP

February 18th, 2018 - 10:10 GMT

Swiss Financial Trip to The Gulf Region

Foreign investors will be allowed to own up to 49 percent of shares on the Saudi stock market, according to a document published by the local regulator. (AFP)

January 10th, 2018 - 08:40 GMT

Ahead of Aramco IPO: Foreigners Allowed to Own up to 49 Percent of Saudi Stocks

Saudi Arabia's stock market (Tadawul). (AFP/ File)

November 26th, 2017 - 06:00 GMT

Saudi Arabia Eases Requirements for Foreign Investors in Stock Market

“Would very much appreciate Saudi Arabia doing their IPO of Aramco on the New York Stock Exchange. Important to the United States!,” Trump tweeted. (AFP/ File)

November 5th, 2017 - 07:01 GMT

In Tweet, Trump Urges Saudi Arabia to Choose NYSE for Aramco IPO

Goldman Sachs is trying to expand its business in Saudi Arabia by applying for a license to trade shares on the Saudi stock market. (AFP)

June 4th, 2017 - 09:14 GMT

Goldman Sachs Eyes Expansion in Saudi Arabia With Equities Trading License

GCC IPOs witnessed in 2016 were the lowest registered in the last decade as a result of declining oil prices and heightened economic uncertainty. (Shutterstock)

April 23rd, 2017 - 11:11 GMT

Could 2017 be the year of GCC IPOs?

The Islamic, or halal, food industry is valued at about $2 trillion a year. (File photo)

March 23rd, 2017 - 04:06 GMT

Oman eyes share of the halal food industry