MUSCAT, Nov 19 (Reuters) - Oman's stock market watchdog, the
Capital Market Authority (CMA), has appointed Yahya bin Said Al
Jabri as its chairman, the Muscat Securities Market website said
on Monday.
The website did not elaborate but a CMA spokesman said Al
Jabri, who in the past was president of the watchdog, had
returned to replace Commerce and Industry Minister Ali bin
Masoud al Sunaidy as chairman.
The spokesman did not give a reason for the change, but said
Al Jabri would simultaneously keep his post as chairman of the
Special Economic Zone Authority at Duqm, a key industrial and
trade hub under development.
A major current focus of the CMA is introducing Islamic
finance into Oman. Both the CMA and the central bank have been
drawing up a regulatory framework for the industry which is
expected to be announced in coming months.
Abdullah Salem Al Salmi remains executive president of the
CMA.
(Reporting by Saleh al-Shaibany; Editing by Andrew Torchia)
Source: http://news.yahoo.com/yahya-al-jabri-named-chairman-omans-bourse-watchdog-064145250--sector.html
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