Oman, Qatar Sign Six Agreements during Sultan’s Visit to Doha

Sheikh Tamim welcomes the Sultan of Oman in Doha. (QNA)
Sheikh Tamim welcomes the Sultan of Oman in Doha. (QNA)
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Oman, Qatar Sign Six Agreements during Sultan’s Visit to Doha

Sheikh Tamim welcomes the Sultan of Oman in Doha. (QNA)
Sheikh Tamim welcomes the Sultan of Oman in Doha. (QNA)

Oman and Qatar on Monday signed agreements on military cooperation, taxation, tourism, ports, labor and investment, the state news agencies of both the Gulf states said.

Oman has been pursuing wide-ranging reforms and austerity measures since Sultan Haitham bin Tariq al-Said took power almost two years ago following the death of his predecessor who ruled for half a century.

The agreements were signed during a two-day state visit by Oman's Sultan Haitham to Qatar, one of the world's top producers of liquefied natural gas (LNG).

The deals included an agreement on double taxation and tax evasion on income and capital taxes, and an investment cooperation agreement between sovereign wealth funds the Qatar Investment Authority and the Oman Investment Authority, said Qatar's Amiri Diwan, the administrative office of Emir Sheikh Tamim bin Hamad Al Thani.



UAE: US Companies Sanctioned Over Sudan Do Not Operate in the Emirates

The Emirati Justice Ministry logo
The Emirati Justice Ministry logo
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UAE: US Companies Sanctioned Over Sudan Do Not Operate in the Emirates

The Emirati Justice Ministry logo
The Emirati Justice Ministry logo

The Emirati Justice Ministry on Friday said that the seven companies based in the United Arab Emirates and sanctioned by the US over Sudan do not own valid business licenses or operate locally.

The US has designated seven entities based in the Emirates under its Sudan sanctions program.

These entities include Capital Tap Holding LLC, Capital Tap Management Consultancies LLC, Capital Tap General Trading LLC, Creative Python LLC, Al Zumoroud and Al Yaqoot Gold & Jewellers LLC, Al Jil Al Qadem General Trading LLC, and Horizon Advanced Solutions General Trading LLC.

“Upon notice of the sanctions designations, the UAE initiated its own investigation into the entities and related individuals, seeking additional information from US authorities to support these investigations,” the Ministry said in a statement

It also confirmed that none of the seven entities hold an active business license in the UAE, nor are they currently operating in the UAE.

Relevant UAE authorities continue to monitor any potential suspicious activity in accordance with applicable UAE laws, the Ministry added.