Latest news with #Salmi
Morocco World
11-05-2025
- Sport
- Morocco World
Tetouan Relegated as Salmi Snatch Lifeline
Chabab Riadi Salmi secured a massive away win after brushing aside Moghreb Tetouan 3-0 at the Saniat Rmel Stadium on the final day of Morocco's Botola Pro. Salmi took the lead on 19 minutes through Kamal El Keraa, who later doubled his tally with just over 10 minutes to play, finishing off a lightning-quick counter-attack. Karim Lagrouch then wrapped things up deep into stoppage time with a third. The result sees Salmi climb to 14th on 25 points, clinching a spot in the relegation play-off. Tetouan, meanwhile, slipped to 15th on 23 points and were relegated to the second-tier Botola Pro 2 along with Chabab Mohammedia. Tags: botola proSalmiTetouan
Muscat Daily
20-04-2025
- Business
- Muscat Daily
Dhamani goes live, set to reshape insurance landscape
Muscat – Financial Services Authority (FSA) officially launched national health insurance platform Dhamani on Sunday, marking an important step towards regulating the Omani health insurance sector through digital innovation. The platform provides a comprehensive, integrated digital solution for the exchange of health insurance data and claims between insurers and private health institutions. Sheikh Abdullah Salem al Salmi, Executive President of FSA, elaborated on Dhamani's pivotal regulatory role and key features, and emphasised the positive impact it will have on all stakeholders in the health insurance process – from policyholders to insurance companies and private healthcare providers. Salmi described Dhamani as a transformative leap for the Omani health insurance landscape, utilising digital advancements to streamline operations, improve access to healthcare services and promote broader insurance coverage across the country. He informed that the platform proved its efficiency and effectiveness during its pilot phase. In the first quarter of 2025, the platform facilitated nearly 3mn transactions between insurers and private healthcare providers. Dhamani has successfully integrated with all insurance institutions, over 30 private hospitals and three private health complexes to date. The platform aims to resolve longstanding challenges within the insurance ecosystem, ensuring timely payments to private healthcare institutions and enhancing the quality of health insurance services. Additionally, it offers a comprehensive database of diseases, diagnoses and treatments, providing valuable insights for healthcare sector studies and future developments. Dhamani serves over 650,000 health insurance policyholders, processing approximately 40,000 transactions daily. To support its continued growth and development, a nominal fee is charged to hospitals, helping finance the platform's ongoing enhancements. The total cost of building the platform was RO1.6mn. Looking ahead, the platform plans to expand its services to include all private health centres and clinics across Oman, further strengthening the sultanate's health insurance infrastructure.
Zawya
18-03-2025
- Business
- Zawya
Oman: MSX to launch Promising Companies Market in 2025
Muscat: The Muscat Stock Exchange (MSX) is planning to launch a submarket, the 'Promising Companies Market,' this year to attract private and family-owned companies, small and medium-sized enterprises (SMEs), and startups with a market capitalisation of no less than RO500,000 to list on the exchange. The establishment of the Promising Companies Market was decreed by Royal Decree No. 18/2025, issued in February. This reflects the royal vision to support the private sector and SMEs, enhance the business environment, and ensure the growth and sustainability of entrepreneurial companies, contributing to the diversification of the national economy. In a statement to Oman News Agency, Haitham bin Salim al Salmi, CEO of the Muscat Stock Exchange, said the Promising Companies Market is expected to launch this year following the issuance of the executive regulations by the Financial Services Authority (FSA). 'The Muscat Stock Exchange has recently held meetings with more than 10 companies, and it is hoped that a number of them will be listed in conjunction with the market's launch,' Salmi said. He explained that the new submarket aims to attract private companies and franchisees that meet the requirements for direct listing. Salmi added that the market will enable companies to benefit from the services available on the Muscat Stock Exchange, whether through subscriptions to finance their projects or exits, in addition to being listed directly on the stock exchange. The Muscat Stock Exchange CEO pointed out that this market will be available to qualified investors and will feature several flexible incentives and requirements compared to the main market of the stock exchange. This will allow private companies and SMEs to list securities, raise capital, or issue debt instruments such as bonds and sukuks. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
16-03-2025
- Business
- Muscat Daily
MSX to launch Promising Companies Market in 2025
Muscat – The Muscat Stock Exchange (MSX) is planning to launch a submarket, the 'Promising Companies Market,' this year to attract private and family-owned companies, small and medium-sized enterprises (SMEs), and startups with a market capitalisation of no less than RO500,000 to list on the exchange. The establishment of the Promising Companies Market was decreed by Royal Decree No. 18/2025, issued in February. This reflects the royal vision to support the private sector and SMEs, enhance the business environment, and ensure the growth and sustainability of entrepreneurial companies, contributing to the diversification of the national economy. In a statement to Oman News Agency, Haitham bin Salim al Salmi, CEO of the Muscat Stock Exchange, said the Promising Companies Market is expected to launch this year following the issuance of the executive regulations by the Financial Services Authority (FSA). 'The Muscat Stock Exchange has recently held meetings with more than 10 companies, and it is hoped that a number of them will be listed in conjunction with the market's launch,' Salmi said. He explained that the new submarket aims to attract private companies and franchisees that meet the requirements for direct listing. Salmi added that the market will enable companies to benefit from the services available on the Muscat Stock Exchange, whether through subscriptions to finance their projects or exits, in addition to being listed directly on the stock exchange. The Muscat Stock Exchange CEO pointed out that this market will be available to qualified investors and will feature several flexible incentives and requirements compared to the main market of the stock exchange. This will allow private companies and SMEs to list securities, raise capital, or issue debt instruments such as bonds and sukuks.
