Companies affiliated with Oman Investment Authority must disclose financial statements

MUSCAT: Corporations affiliated with the Oman Funding Authority (OIA) can be dedicated to reveal their monetary statements inside the subsequent two years, His Excellency Abdulsalam Al Murshidi  has knowledgeable. 

Al Murshidi, who’s the President of OIA, acknowledged that it’s time for the federal government owned corporations to function in accordance with a unified normal and to abide by the constitution of governance, disclosure and transparency. 

“All corporations should disclose all their enterprise, earnings and losses, like all public joint inventory firm,” Al Murshidi stated. 

Talking in an interview with Muscat FM radio, Al Murshidi stated the monetary statements of the 160 authorities owned companied can be revealed by web sites and media.