CMA Organize Joint Meeting  on Agricultural Insurance

The Capital Market Authority will organize today a joint meeting  with the Ministry of Agriculture and Fisheries and Oman Chamber of Commerce and Industry to discuss agricultural insurance products in the Sultanate and insurance products needed for agricultural activities to mitigate the risk they are exposed to and to  continue agricultural production to increase its contribution to the GDP and provision of food security.

The meeting will be attended by HE Sheikh Abdullah Salim Al Salmi, Executive President of CMA, HE Dr. Ahmed Naser Al Bakry, Undersecretary for the Ministry of Agriculture and Fisheries, HE Said Saleh Al Kiyoumi, Chairman of Oman Chamber of Commerce and Industry and representatives of insurance companies.

The move comes to achieve sustainable development in agricultural sector and to create appropriate environment for investment initiatives to support comprehensive development plans and programmes focusing on creating new sources of income to reduce dependence on oil.