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GCC financial markets integration under way: Al Jabri

Oman's Capital Market Authority (CMA) has said a GCC-wide integration of the financial markets is in the works, Oman Daily Observer has reported. "Once integrated, there are ample of benefits in terms of wider scope for investors both domestic and foreign, increased turnover, more liquidity, expansion of markets to the other countries markets, possible to introduce new and sophisticated financial instruments in to the market," said Yahya bin Said Abdullah al Jabri, executive president, Capital Market Authority.