Muscat: The MoU was signed by His Excellency Abdullah bin Salem Al Salmi, CEO of Oman’s Financial Services Authority, and Her Excellency Madina Abylkasimova, Head of Kazakhstan’s Agency for Financial Market Regulation and Development.
Under the agreement, both nations will collaborate on strengthening the Tabadul platform, a regional initiative designed to connect stock exchanges, facilitate cross-market and cross-border trading, and boost market liquidity.
The MoU also outlines cooperation in regulatory expertise sharing, expert exchanges, joint studies, and human capital development. Areas of focus include financial innovation, fintech, financial education, and inclusion. A comprehensive national database and monitoring of global financial reports will also be developed to measure progress.
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The signing reflects the close ties between Oman and Kazakhstan, rooted in mutual respect and growing economic cooperation. Over the years, the two countries have built partnerships in energy, logistics, investment, education, and tourism. In 2023, Oman’s Financial Services Authority signed a separate MoU with the Astana Financial Services Authority, further deepening bilateral financial ties.
