License of brokerage company revoked in Oman

Muscat: The Capital Market Authority (CMA) has issued a decision to revoke the license of Gapcorp Insurance Brokerage Company.

A statement issued online by Capital Market Authority (CMA), said :"External Administrative Decision No. 101/2020 to cancel the license of Gapcorp Insurance Brokerage Company working in the field of insurance brokerage and its registration is canceled from the register of insurance brokers."