MUSCAT : Mia bint Masoud Al-Aisri, Director of the Disclosure and Trading Control Department at the Financial Services Authority, highlighted that this platform not only provides essential financial indicators but does so in an accessible way using the global XBRL language.

Bayanat is a powerful analytical tool that allows users to conduct in-depth analyses, make comparisons, and generate reports to inform their investment decisions. The platform’s integration with various systems—such as the XBRL system and the Muscat Stock Exchange—ensures that stakeholders have real-time access to accurate data, enhancing transparency and trust in the market.

The platform also features an analytical portal that simplifies access to crucial information, promoting a more informed investment community. Al-Aisri emphasized that Bayanat’s commitment to data accuracy, reliability, and timeliness will significantly bolster stakeholder confidence.

Bayanat is designed with advanced technologies like artificial intelligence and machine learning, enabling it to analyze vast datasets and uncover predictive insights. With over 526 financial indicators and 6,134 financial elements, the platform promises comprehensive coverage of listed and unlisted entities, enhancing the overall efficacy of financial operations in Oman.

As part of its strategic plan aligning with Oman Vision 2040, Bayanat aims to elevate regulatory and supervisory performance efficiency. This platform not only aids individual investors but also supports governmental transparency, accountability, and cooperation across sectors.

It was recently recognized with the World Summit on the Information Society (WSIS +20) Award.

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