AME Info, Abu Dhabi, United Arab Emirates, banking briefs

Source: AME Info, Abu Dhabi, United Arab EmiratesSept.儲存倉 25--OMAN CRACKS DOWN ON INSURANCE FIRMS: Oman's Capital Market Authority (CMA) has imposed penalties on 20 insurance firms since the beginning of the year for violating several rules and regulations, Times of Oman has reported. The penalties were imposed for non-compliance with the minimum percentage of insurance coverage norm stipulated by the regulator for certain category of vehicles. "The CMA, after investigations carried out by the enforcement department, imposed penalties on a number of companies for failing to achieve these percentages," the market watchdog 迷你倉最平aid in a circular.REMITTANCES BY EXPAT WORKERS IN QATAR TOTALLED QR37BN LAST YEAR: Qatar's central bank has said outward remittances by expat workers through exchange houses in the country rose 'marginally' to QR37bn in 2012, compared with QR36.8bn in the previous year, Gulf Times has reported. A bulk of the outward remittance (66 percent) was made to various Asian countries last year, up from 63 percent in 2011, the bank said in its report.Copyright: ___ (c)2013 AME Info (Abu Dhabi, United Arab Emirates) Visit AME Info (Abu Dhabi, United Arab Emirates) at .ameinfo.com Distributed by MCT Information Services儲存