Muscat – The Financial Action Task Force (FATF) has commended Oman for its strong commitment to international standards in tackling money laundering and terrorist financing, placing it among the top performers in the Middle East and North Africa (MENA) region. In its 2024 mutual evaluation report, FATF highlighted Oman’s significant reforms in its legal, legislative, […]
Muscat – The Financial Action Task Force (FATF) has commended Oman for its strong commitment to international standards in tackling money laundering and terrorist financing, placing it among the top performers in the Middle East and North Africa (MENA) region.
In its 2024 mutual evaluation report, FATF highlighted Oman’s significant reforms in its legal, legislative, and supervisory frameworks, demonstrating a robust system for investigating and addressing financial crimes. The report noted that Omani authorities are well-equipped with resources and quick access to financial and other critical information necessary for effective investigations.
This achievement bolsters Oman’s financial integrity, economic stability, and global reputation, enhancing confidence in the nation’s banking and financial sectors while supporting economic growth.
Oman’s membership in FATF, through the Gulf Cooperation Council’s Secretariat, and its role as a founding member of the Middle East and North Africa Financial Action Task Force (MENAFATF), underline its commitment to global efforts in combating financial crimes.
Muscat – H H Sayyid Theyazin bin Haitham al Said, Minister of Culture, Sports and Youth, will represent Oman at the opening ceremony of the 26th Arabian Gulf Cup Football Championship in Kuwait. The event will commence later today at Sheikh Jaber Al Ahmad International Stadium, under the patronage of His Highness Sheikh Meshal al […]
Muscat – In a move to create a sustainable environment and improve public health, Muscat Municipality has introduced ‘Rifq,’ a pioneering service dedicated to the care and rehabilitation of stray animals. This initiative underscores the municipality’s commitment to international best practices in animal welfare, biodiversity preservation, and fostering a compassionate community. The Rifq Services initiative […]
Muscat – The Civil Aviation Authority (CAA) has announced the licensing of the ‘Serb’ platform, a groundbreaking system for registering and managing drone traffic in Oman. This development marks a significant achievement, reflecting the nation’s commitment to aligning technological innovation with youth aspirations while prioritizing safety in air navigation, public welfare, and environmental protection. Launch […]
Muscat – Sayyid Asaad bin Tariq al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan received Mehmet Simsek, Turkiye’s Minister of Treasury and Finance, at his office this morning. The meeting followed up on topics discussed during His Majesty the Sultan’s recent visit to Turkiye, focusing […]
Muscat – The Italian Embassy in Muscat has announced a visit of the Amerigo Vespucci, an iconic sailing and training ship of the Italian Navy. Renowned globally as a symbol of Italy’s maritime heritage, the ship will make its first-ever visit to Oman, docking at Port Sultan Qaboos in Muscat from January 8 to 12, […]
Muscat – Oman Transplantation Society is set to conduct a campaign called ‘Legacy of Giving’ on December 19 and 20 in Nizwa in partnership with Ministry of Health. The campaign marks a pivotal step in raising awareness on the importance of organ donation and its potential to save lives, offering hope to patients suffering from […]
Sayyid Theyazin to attend Arabian Gulf Cup opening in Kuwait
Muscat Municipality launches ‘Rifq’ initiative for stray animal welfare
Oman: ‘Serb’ drone platform to launch on January 28
Oman and Turkiye strengthen ties with high-level discussions
Legendary Italian ship to dock at Sultan Qaboos Port on Jan 8
Campaign launched to raise awareness on organ donation in Nizwa