MUSCAT- In a published statement, the Vision Insurance company announced the current stage of its upcoming merger with the Oman Qatar Insurance Company (OQIC). Following an Extraordinary General Meeting on Monday, the proposed merger with OQIC and the dissolution of the company were approved by the shareholders of Vision Insurance. As of now, the Board of Directors of Vision has been given the go-ahead to execute all necessary actions to fully effect the merger.
However, the proposed merger is still subject to the approval of shareholders and concerned regulatory bodies of the Oman Qatar Insurance Company.
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