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Arab Tourism Organization President, Omani Heritage Minister Discuss Cooperation

This picture shows a partial view of the area of Haramil in the Omani capital Muscat on September 18, 2020. (AFP)
This picture shows a partial view of the area of Haramil in the Omani capital Muscat on September 18, 2020. (AFP)
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Arab Tourism Organization President, Omani Heritage Minister Discuss Cooperation

This picture shows a partial view of the area of Haramil in the Omani capital Muscat on September 18, 2020. (AFP)
This picture shows a partial view of the area of Haramil in the Omani capital Muscat on September 18, 2020. (AFP)

Omani Minister of Heritage and Tourism Salem bin Mohammed Al-Mahrouqi received President of the Arab Tourism Organization (ATO) Bandar bin Fahd Al-Fahid and the accompanying delegation in Muscat, reported the Saudi Press Agency on Friday.

The officials discussed cooperation between the ATO and the Omani ministry.

The ATO provided an explanation of the existing and future cooperation aspects with the ministry on developing Oman’s Arab investments through the organization’s Itqan Tourism Development.

Cooperation aspects between the two sides also include the implementation of a number of events and programs.

The minister gave a presentation on Omani Sur city’s nomination to be named Arab Tourism Capital for 2024, which was submitted to the organization’s general secretariat.

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E-commerce Giant Alibaba Has Completed 3-year 'Rectification' Period

Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
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E-commerce Giant Alibaba Has Completed 3-year 'Rectification' Period

Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters

China's State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years "rectification" following a fine levied in 2021 for monopolistic behavior.
In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms.
The regulator's statement said Alibaba's rectification work had achieved "good results" and that it would continue to "guide" Alibaba to continue to "regulate its operations and improve its compliance and quality."
The fine levied on Alibaba in 2021 came during a period of intense scrutiny for the business empire founded by billionaire Jack Ma, Reuters reported. A $37 billion IPO by the finance arm he founded, Ant Group, was also scuttled following Ma's public critique of the country's regulatory system in late 2020.
Alibaba, in its own statement, described the regulator's announcement on Friday as a "new starting point for development" and said it would continue to "promote the healthy development of the platform economy and create more value for society."