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UAE, Oman boost ties with deals on high-speed rail, combating financial crimes

The agreements are in line with the UAE’s foreign policy, which prioritizes regional partnerships.

The Sultanate of Oman (R) and Sheikh Mohamed bin Zayed Al Nahyan (L).
The Sultanate of Oman (R) and Sheikh Mohammed bin Zayed Al Nahyan (L) of the United Arab Emirates signed at Al Alam Palace 16 agreements and memoranda of understanding, Sept. 28, 2022. — Foreign Ministry of Oman

The United Arab Emirates and Oman signed a variety of cooperation agreements Wednesday. 

The UAE’s Financial Intelligence Unit and Oman’s National Center for Financial Information signed a memorandum of understanding on exchanging information related to money laundering and financial terrorism. The Abu Dhabi Securities Exchange and the Muscat Stock Exchange also inked a deal on the double listing of stocks between them. Government entities in the two countries signed additional agreements on maritime transport, logistics, the environment and more, the official Emirates News Agency reported. 

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