Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:18markets, thank God. This
00:00:23constitute 4 or 5% of
00:00:23in the insurance sector
00:00:27that previously,
00:00:35Peace, mercy, and blessings of God be upon you. hand, their investments The fifth evening news from
00:00:39Oman TV. Welcome, and we start the bulletin with the most prominent
00:00:43headlines.
00:00:45driving the improvement of this sector, The Ministry of Labor launches the institutional work platform
00:00:48to organize seasonal
00:00:50is not just for and event-related job opportunities and connect job seekers
00:00:53with available opportunities.
00:00:55Signing an agreement to provide consulting services
00:01:00توقيع اتفاقيه تقديم الخدمات
00:01:02where exactly is for the Fish Industries City project in the South Al Sharqiyah Governorate.
00:01:08a customer, meaning the resident Listed insurance companies
00:01:10on the Muscat Stock Exchange achieve
00:01:14the Sultanate of Oman confirm profits of more than 11 million Omani riyals during the first
00:01:18half of the current
00:01:19companies and their investment year.
00:01:28May God grant you all well-being. His Majesty Sultan
00:01:31Haitham bin Tarik Al Said, may God protect him, sent a congratulatory
00:01:35telegram to His Excellency President
00:01:40the supervisory body for this projects on Dr. Alassane Abdoulaye Ouattara, President of the Republic of Côte d'Ivoire, on the occasion of
00:01:42his country's National Day. The telegram included the good
00:01:46wishes of His Majesty the Sultan and his sincere wishes
00:01:49to His Excellency the President and the people of his friendly
00:01:52country.
00:01:55The Ministry of Labor launched
00:01:58noting that this the Seasonal Work Platform as a step to organize and provide job opportunities during
00:02:02seasons and festivals
00:02:04of this in the Sultanate of Oman. This came as part of
00:02:07the Labor Forum held in Dhofar Governorate,
00:02:10which witnessed the honoring of leading figures in
00:02:13the fields of labor and human resource development
00:02:17under the patronage of His Excellency
00:02:19this into consideration,
00:02:21leads to opening many companies, benefiting from Dr. Mahad bin Said Ba'awain, Minister of
00:02:21Labor.
00:02:26is stipulated in the
00:02:27of a number of platforms. This Opportunities appear every The governorate clarified that this season, but today
00:02:29they have become more organized with the seasonal work platform
00:02:33launched by the Ministry of
00:02:36This Labor to connect job seekers with employers, as part
00:02:40minimize risks for of the activities of
00:02:41underwriting strategies, the Labor Forum in Salalah. Quite simply, a job seeker
00:02:44who wishes to apply for a seasonal or
00:02:48part-time job can enter this platform. Also today,
00:02:52government agencies and institutions or companies contracting with government agencies
00:02:56during these seasons can post these
00:02:59seasonal opportunities through the seasonal work platform,
00:03:02and with ease and convenience, there will be a connection between
00:03:06constitute a good percentage of opportunities and job seekers or even students who wish
00:03:09to benefit from these opportunities to make use
00:03:14the many of their time and gain practical experience from the real world
00:03:17and the field. The seasonal work platform
00:03:21provides a regulated environment that facilitates
00:03:23access to seasonal opportunities
00:03:26to the increase that was in and supports the needs of sectors related to seasons,
00:03:30which enhances the flexibility of the labor market.
00:03:33The union usually acts as an intermediary between the rights of several
00:03:37parties, so we always look for a solution that satisfies all parties.
00:03:40the risks that fall on The solution should be legal under the authority of the Ministry of Labor
00:03:44and us, the employers and employees. So, our
00:03:47orientations or policy always seek
00:03:54prepared fishermen, a middle ground that satisfies all parties. This is the most important point. If
00:03:56can we say in this this union system works efficiently, union work will be
00:04:00very effective. And surely the Ministry of Labor has noticed the active
00:04:03changes have emerged, whether at
00:04:04in electronic unions and the sustainable
00:04:05the local level, or at
00:04:06will be
00:04:07the regional level, or at solutions offered by some unions and honored them today. The platform was launched on the sidelines of the ceremony honoring
00:04:10success partners, distinguished establishments, and a number of
00:04:14leading figures in appreciation
00:04:17of their contributions
00:04:19of the targeted projects to supporting the work environment.
00:04:21in the city. Yes, in This honoring, in fact, translates
00:04:24what
00:04:26that this project we see today in terms of directives for national competencies and Oman
00:04:30Vision 2040 regarding empowering national
00:04:34competencies at different levels.
00:04:37A platform that organizes opportunities and a step
00:04:40that enhances the efficiency of the labor market
00:04:43is changing and accelerating in the pace of this and opens broader horizons for job seekers
00:04:48the Sultanate, that depend on and employers from
00:04:50Salalah. Khalid bin Mohammed
00:04:54Al-Maashani,
00:04:56challenges that did not exist in Dhofar Governorate. With more than 600
00:05:02financial services. Many thousand Omani Riyals, an agreement for providing consulting services for design and supervision of
00:05:06the Fish Industries City project was signed in the South
00:05:09Al Sharqiyah Governorate.
00:05:11are available, of course. If we talk about The agreement includes the consulting company
00:05:15providing all specialized technical studies
00:05:18and preparing the necessary engineering designs and studies
00:05:21to ensure the project is implemented according to the highest standards
00:05:25of quality and operational efficiency.
00:05:27The Fish Industries City project is one of the strategic
00:05:31and vital projects in the Sultanate of Oman, aiming
00:05:35to develop the infrastructure to support the growth of the fish industries
00:05:39and enhance the added value of the sector.
00:05:43The agreement was signed by His Excellency Engineer Yaqoub bin Khalfan
00:05:47Al-Busaidi, Undersecretary of the Ministry of Agricultural and Fisheries
00:05:50Wealth and Water Resources for Fisheries.
00:05:54And to learn more
00:05:58about the Fish Industries City project, we are joined by phone
00:06:01by Engineer Abdulhadi bin Khasib Al-Maqbali,
00:06:05Project Manager from South
00:06:08Al Sharqiyah Governorate. Welcome.
00:06:12To begin,
00:06:15this project located, in which state?
00:06:19Peace, mercy, and blessings of God be upon you. We welcome you and the esteemed
00:06:22listeners. Of course, in an important development step that reflects
00:06:25the Sultanate of Oman's commitment to implementing the fisheries sector as a primary
00:06:29driver, today an agreement was signed for consulting services for detailed
00:06:32design
00:06:34and supervision of the implementation of the Fish Industries City project in the South
00:06:38Al Sharqiyah Governorate, with a total area estimated at 6 million square
00:06:41meters. Of course, the site is characterized by its strategic
00:06:45proximity to existing fishing ports
00:06:48and aquaculture
00:06:51the eastern coast of the governorate.
00:06:53Yes.
00:06:55Where exactly is this project
00:06:57located?
00:07:00It is located, it is located, it is located in Jaalan Bani
00:07:03Bu Ali in South Al Sharqiyah. Yes.
00:07:06So what is the importance of signing this agreement in the course
00:07:10of implementing the Fish Industries City project? Also, what is the expected
00:07:14economic value
00:07:17project?
00:07:20The conscious city aims to accommodate approximately 40 diverse
00:07:23investment projects related to the fish industry and marine
00:07:27industries. As a value
00:07:30of projects
00:07:33estimated at more than 100 million Omani
00:07:36Riyals. Yes.
00:07:40The city aims to provide an attractive
00:07:43business environment. The city includes
00:07:46a multi-use port. port
00:07:49is designed to serve
00:07:53both commercial and traditional fishing sectors
00:07:56alike. Yes. The master plan for
00:08:00the project also includes developing the advanced logistics system,
00:08:03such as storage and refrigeration facilities, according to the highest
00:08:06quality standards in the
00:08:09fisheries sector. So, how will the project
00:08:12contribute to increasing the added value of the fish
00:08:16wealth?
00:08:18In
00:08:20itself, this project is considered
00:08:24the second of its kind in the Sultanate after
00:08:28the Fish Industries City in Duqm,
00:08:30and
00:08:34a reflection of the successes that
00:08:37this city has achieved in terms of momentum
00:08:40in landing operations, development, and
00:08:44development of fish industries,
00:08:47and the establishment of several
00:08:50value-added
00:08:52projects.
00:08:56The project is expected to target
00:08:59a large segment of
00:09:03a large segment of vessel
00:09:07owners,
00:09:08to facilitate
00:09:11the landing process and facilitate sales processes
00:09:16auctions that in the city,
00:09:20as well as to facilitate
00:09:22the supply of raw
00:09:25materials
00:09:29to the owners
00:09:34the private sector, what is the size of the investment opportunities
00:09:38will provide? My dear sister, the project
00:09:42is currently in the process of preparing
00:09:45the consulting study. The consulting study
00:09:48includes market, technical, economic, and financial studies,
00:09:51and feasibility studies. It also includes
00:09:54all the data from environmental
00:09:57and marine surveys, and
00:10:00through it, we will determine the size
00:10:04of the projects, what is the value of the projects that will be
00:10:07in the city, in particular.
00:10:10Yes. So, how will the project ensure
00:10:13the application of the highest quality standards
00:10:16and environmental sustainability?
00:10:19My
00:10:23sister, the project
00:10:26so far
00:10:30is a consulting study
00:10:32for the project, and it
00:10:36is not in reality
00:10:39yet, but it is hoped
00:10:42that it
00:10:45will be implemented according to quality
00:10:48and environmental
00:10:53standards.
00:10:55So, Engineer Abdulhadi bin Khasib
00:10:59Al-Maqbali, Project Manager of the Fish Industries City
00:11:02in South Al Sharqiyah, thank you very much.
00:11:05Thank you.
00:11:08The unaudited financial results of
00:11:11insurance companies listed on the Muscat
00:11:14Stock Exchange showed profits exceeding 11
00:11:17million Omani Riyals during the first half of
00:11:21the current year. These
00:11:23indicators confirm the economic role played by this sector
00:11:27as an active institutional investor for the stability of the financial
00:11:30market.
00:11:34Growing performance indicators achieved by the insurance sector in
00:11:39the economic role played by this sector, not
00:11:43only as a provider of insurance protection, but also
00:11:46as an active institutional investor for the stability
00:11:49of the financial market and achieving sustainable development.
00:11:53Achieving profits
00:11:55exceeding 11 million Omani Riyals during the first
00:11:59half of the current year. The profits of some
00:12:02companies were supported by an increase in investment returns
00:12:05and improved performance of investment portfolios, while
00:12:09other companies faced pressures on their operating
00:12:12results due to an increase in insurance claims
00:12:15and continued competition and higher
00:12:19reinsurance costs. In
00:12:22contrast, insurance companies continued to implement measures
00:12:25aimed at enhancing the profitability of their portfolios, renewing
00:12:29underwriting controls, and improving claims
00:12:31management, which supports the sector's resilience
00:12:35and enhances the sustainability of its growth, with the continued
00:12:38increasing role of investment returns in supporting the profits of some
00:12:43the positive performance of the Muscat Stock Exchange.
00:12:47Insurance claims imposed pressures on the underwriting results
00:12:52companies, which in turn reflected on the insurance
00:12:55activity, despite the continued growth of business in some
00:12:59portfolios. Financial disclosures also revealed
00:13:02that companies continue to adopt conservative
00:13:06focusing on improving the quality
00:13:09of insurance portfolios and enhancing operational
00:13:12efficiencies, in addition to investing in digital
00:13:15transformation and improving the efficiency of services provided
00:13:19to beneficiaries.
00:13:20On the other hand,
00:13:23data from the Capital Market Authority showed
00:13:27that the total investments of insurance companies operating in the Sultanate
00:13:30of Oman exceeded 86
00:13:33million Omani Riyals at the end of the first
00:13:37quarter of this year, recording a growth of more than
00:13:4010% on an annual basis, which
00:13:44reflects the deployment of the sector's assets
00:13:46and savings in various investment
00:13:49vehicles. Insurance companies rely
00:13:53on the investment regulation of insurance
00:13:57and Takaful companies' assets, which represents the regulatory
00:14:00framework approved by the Authority to regulate the investment of
00:14:03insurance policy funds and shareholders' rights,
00:14:07thereby enhancing financial sustainability and limiting
00:14:10investment risks. The regulation also obliges
00:14:14companies to direct
00:14:16no less than 70% of
00:14:20their total investments within the Sultanate
00:14:23of Oman.
00:14:26Dear viewers, to talk more about the profits of insurance
00:14:29companies listed on the Muscat Stock Exchange, we are joined
00:14:33here in the studio by Omar bin Ahmed Al Sheikh, Deputy
00:14:36CEO of Dhofar Insurance Company,
00:14:40and also a member of the Omani Insurance
00:14:43Association. Mr. Omar, welcome to this meeting. May God bless
00:14:47you. First, I ask you about your reading
00:14:50of the financial results
00:14:54of the companies that achieved
00:14:58profits during the first half of the current
00:15:01year, and also whether they reflect sustainable
00:15:04growth in the performance of the insurance
00:15:08sector. First, peace, mercy, and blessings of God be upon you, and thank you for
00:15:11inviting me to this meeting.
00:15:14Yes, regarding the growth of insurance
00:15:18companies in the first half of this year
00:15:212026, there was a growth of about eight
00:15:26percent, meaning that the underwriting volume, which we refer to as underwriting,
00:15:29meaning insurance, the value of insurance.
00:15:33The returns that came to the companies in the first six months were around
00:15:37341 million Omani Riyals compared to last
00:15:40year, which was around 316. So there
00:15:43is an 8% growth
00:15:45in underwriting, and this
00:15:49reflects an 8%
00:15:51annual growth, which is good for the
00:15:56is a very good growth for the sector
00:16:01in the Sultanate, and this naturally reflects on the size
00:16:04of companies and their employment
00:16:07of Omani cadres, and on the other
00:16:11in domestic and foreign markets. Yes, this is, of course,
00:16:14regarding underwriting. Also,
00:16:18if we look at the figures, and you mentioned them,
00:16:22investments in insurance
00:16:24companies, and this is in various sectors,
00:16:28recorded a growth of over 10%,
00:16:31as indicated by the figures, reaching more than
00:16:34876 million Omani Riyals. Yes.
00:16:37So, what are the implications of this growth
00:16:40for the role of the insurance sector in supporting
00:16:44the national economy? Yes.
00:16:47Regarding the volume of investments, this figure is indeed real,
00:16:51and this figure is for the first six months, and this is the result
00:16:53of the sum of insurance
00:16:57portfolios. The insurance sector is a permanent
00:17:01sector, and it is a sector that
00:17:04has daily income from underwriting. It allows insurance companies
00:17:07to invest in several channels and several
00:17:11sectors. The Capital Market Authority, thankfully,
00:17:14which is
00:17:17sector, has approved some laws that
00:17:20give
00:17:22companies 70% of their total investments to be within
00:17:25the Sultanate. And for this
00:17:28reason, insurance companies have diversity in their investments within
00:17:31the Sultanate, from financial instruments to real estate
00:17:35investments to to. So, if we talk about this size
00:17:38of 800, it is divided among all insurance companies in the Sultanate.
00:17:41And there are returns
00:17:44here, of course, that amount to 8 to 7% of
00:17:48these investments, which will generate an annual return
00:17:51for the company. So, the company here has returns from underwriting and returns
00:17:55from these investments, and this
00:17:58investment channels, whether in real estate or otherwise. Yes. So
00:18:02you mentioned that the regulatory frameworks oblige insurance
00:18:06companies to allocate 70% of their investments domestically.
00:18:12The Capital Market Authority tries to
00:18:17insurance companies, so there are no risks regarding
00:18:21these investments, because these investments are the funds
00:18:24of policyholders as a guarantee
00:18:26and for shareholders. Yes.
00:18:30So these percentages are set by the system to
00:18:33protect even companies and help the domestic sector in the Sultanate
00:18:37grow. Excellent. Yes. So if we talk about
00:18:40investment returns and also the improved
00:18:43performance of investment portfolios, to what
00:18:46extent do these contribute to supporting the profits of insurance companies, despite
00:18:51challenges, perhaps including those related to the increase
00:18:55in insurance claims and also other challenges
00:18:59related to reinsurance costs? Yes.
00:19:03Of course, the insurance sector is a sector
00:19:06linked to reinsurance companies. This is if
00:19:09we talk about abroad, and if we talk about domestically,
00:19:13it is linked to guaranteeing
00:19:18the customer. Here, when there is
00:19:21an investment portfolio, and from that, it helps
00:19:25mitigate these risks and losses. So, insurance companies are always
00:19:29financially
00:19:31to compensate
00:19:34those affected in case
00:19:38of any damage, whether
00:19:41climate risks or otherwise. In the last
00:19:44few years, the Sultanate has been exposed to some climate conditions, and this
00:19:48caused an increase in reinsurance
00:19:52coverage for insurance companies.
00:19:55So today, insurance company coverage has become
00:19:58expensive, it's true, from the reinsurers, because the reinsurers say that there are losses
00:20:01happening, and this causes an increase, which puts pressure
00:20:05on insurance companies from one
00:20:08aspect. But thank God, because insurance companies have a certain financial
00:20:11capability from the investment aspect, it balances
00:20:14it. So here, it is always said that there should be a profit from
00:20:18the insurance sector, but I am talking about a large percentage of insurance
00:20:22companies, not in the Sultanate, outside
00:20:25investment for profitability and returns.
00:20:29Insurance is a large part that contributes to paying
00:20:32compensation to the injured, whether
00:20:35due to climate conditions or otherwise. Okay. Let's, Mr. Omar,
00:20:38move to another important topic,
00:20:42no doubt, the topic of digital
00:20:45transformation. Today, the issue of digital transformation
00:20:49is the backbone of
00:20:52part of this system. To what
00:20:55extent can digital transformation
00:20:59modern technologies contribute
00:21:02to improving the efficiency of insurance companies
00:21:05and also improving the quality of insurance
00:21:08services? Just to give a simple example,
00:21:12it might simplify it by saying
00:21:17a customer would leave their workplace or
00:21:20home and go to a branch
00:21:23to insure a car, for example. Today,
00:21:27the insurance sector provides an electronic
00:21:29service
00:21:32where they can insure through their phone or through
00:21:35the website or here the saving
00:21:40the citizen in their time, but also for
00:21:43the state when the citizen uses the car.
00:21:46Yes, on several levels. Yes, on all levels,
00:21:50saving, and there is comfort that today the citizen
00:21:54is in their office, and they are a citizen or
00:21:58in the Sultanate, will save their time
00:22:02because they can insure from their location. So it has become
00:22:05a necessity. It is today facing challenges,
00:22:08of course. There is a certain cost
00:22:12that insurance companies might incur, but the results
00:22:15might be greater, greater, and it saves
00:22:18the customer. The idea of this
00:22:22is that as a customer today, when I am on a website,
00:22:25I see the products. Today, we
00:22:28might talk about car products, life products,
00:22:32but there are many products in the insurance sector that when
00:22:35they are available electronically,
00:22:38and the citizen or resident uses this technology today,
00:22:42they see these data available to them. So it is
00:22:45a necessity. It saves a lot of time,
00:22:48it saves, as I mentioned
00:22:51earlier, it saves costs for the citizen
00:22:54themselves from using their car, petrol expenses,
00:22:58or otherwise. So, on the contrary, it is a necessity,
00:23:02and the insurance sector has made good progress, and the Capital Market Authority,
00:23:05in the insurance law, has taken
00:23:09that all products must be available
00:23:12on the company's electronic
00:23:16law. Yes. So, based on your observation and also
00:23:21your reading, how do you see the impact of the positive performance of the Muscat Stock Exchange regarding
00:23:25the improvement of the investment results
00:23:27for insurance companies in the Sultanate of Oman?
00:23:31Thank God, we have noticed in the last six months
00:23:34that the stock exchange had
00:23:37increases that we had not seen before,
00:23:41and with good figures, thank God.
00:23:45And this reflects investors' confidence
00:23:49in the market. And we, as an insurance sector, are linked to this
00:23:52market, meaning we
00:23:56trading in the Muscat Securities Market or the Stock Exchange,
00:24:00and our portfolios are strongly linked
00:24:03to the Stock Exchange. And thank God, if you observe,
00:24:07the viewer, and you all, the profits
00:24:11that were generated in the last six months are due
00:24:16the market. So it had a very positive
00:24:20impact on the results of insurance companies in the last six
00:24:23months. Improved market performance. Yes. So
00:24:27as you mentioned, the financial indicators and also, let's not forget,
00:24:30the regulatory measures all contributed to
00:24:34the improvement and progress in the performance
00:24:38of the insurance sector. How about the topic
00:24:41of opportunities and risks? What
00:24:46regard? Opportunities, on the contrary.
00:24:50We, the sector, if it continues its growth,
00:24:54it will provide many opportunities for the citizen. I mean, we
00:24:57are talking about that we, as an insurance sector in general,
00:25:00the insurance rate in it exceeds
00:25:0480%. Yes. And we aspire to reach 90
00:25:07and 100%.
00:25:09However, there is another aspect, which is
00:25:12training and the resources required,
00:25:15but the opportunities in the insurance sector
00:25:18are good. Available. I mean, I am
00:25:21not only talking about employment, I mean that the citizen
00:25:25can market insurance products themselves through
00:25:29approvals from the Authority, who is an agent.
00:25:32This is something a young person who is free today
00:25:36can do and market if they have the experience or
00:25:39knowledge of marketing insurance products. And we,
00:25:42thank God, in the training sector,
00:25:45we have trained many graduates, whether from the sector
00:25:48or through the association or through
00:25:52courses are offered throughout the year
00:25:56to citizens, and they benefit from them. So opportunities
00:26:01the positives in any business
00:26:04are positives and negatives. The negatives
00:26:06are that the Sultanate
00:26:09is still, when we talk about the national
00:26:13income of the Sultanate today, the insurance sector constitutes
00:26:17less than 2% of this.
00:26:20And I am not saying that we aspire to
00:26:25the national income, but this may
00:26:28come with time, but yes. Especially with the existence of factors and
00:26:33a stimulating environment. There are
00:26:38several aspects, including those related to the side
00:26:41and the strategic location of the Sultanate of Oman. All of these
00:26:44are certainly factors
00:26:47like other sectors, no doubt. So
00:26:50Mr. Omar bin Ahmed Al Sheikh, Deputy CEO
00:26:54of Dhofar Insurance Company and member of the Omani
00:26:57Insurance Association, thank you very much.
00:26:59Thank you.
00:27:02His Highness Sayyid Dhi Yazan bin Haitham
00:27:05bin Tariq Al Said, Minister of State
00:27:08and Governor of Muscat, honored the ceremony
00:27:11honoring outstanding students in the General Education Diploma
00:27:14in Muscat Governorate for the academic year
00:27:172025-2026.
00:27:18The ceremony,
00:27:23organized by Muscat Governorate, comes in appreciation of the efforts of
00:27:26outstanding students during their academic journey
00:27:29and acknowledging their achievements
00:27:32and success, which embodies their
00:27:35capabilities and high ambitions,
00:27:38considering youth as the fundamental pillar in
00:27:42the journey of sustainable development, with their
00:27:45knowledge, and promising national
00:27:48energy. Muscat Governorate emphasized in its speech during
00:27:52the ceremony the importance of the role of outstanding students
00:27:56in shaping the future of the promising Sultanate of Oman,
00:28:01excellence is an extension of national
00:28:04efforts aimed at building people
00:28:06and in line with the objectives of Oman
00:28:10Vision 2040. It also praised the role of parents
00:28:13in supporting their children
00:28:16and caring for them, appreciating
00:28:19the efforts of the educational family in the governorate, including teachers
00:28:23and administrators, in instilling the values of knowledge
00:28:26and perseverance.
00:28:29honoring represents an incentive for students
00:28:32to continue their academic journey and embark on a new
00:28:36stage of giving within higher education
00:28:39institutions, calling on them to continue diligence
00:28:43and hard work and to be familiar with various
00:28:47modern sciences, skills, and knowledge, and to adopt the values
00:28:49of innovation and creativity
00:28:52to effectively contribute to the comprehensive building
00:28:55and development process witnessed
00:28:58in the Sultanate of Oman under the wise
00:29:03leadership of His Majesty Sultan Haitham bin Tariq.
00:29:06Most of
00:29:09God
00:29:10preserve him
00:29:15The working team reviews and develops
00:29:18the Child Law as part of efforts to develop
00:29:22national legislation with the aim
00:29:25of strengthening the protection of children's rights and keeping
00:29:28pace with social and legislative changes in the Sultanate.
00:29:34The review team and development of the Child Law
00:29:38continues to update the legislative system to
00:29:41enhance the protection of children's rights in the Sultanate
00:29:45of Oman, reviewing in its first meeting the work
00:29:48plan and stages of review in preparation
00:29:51for studying the legal articles and preparing
00:29:55proposals. When we talk about the Child Law, the Child
00:29:59Law was issued in 2014. Now we are talking about
00:30:022026. Many
00:30:09the global level. When we talk about children, we are talking about
00:30:13a very important segment, which
00:30:16is the future of the Sultanate of Oman. The legal review
00:30:19aims to develop the provisions regulating children's
00:30:23rights in line with developments and to enhance
00:30:26the efficiency of national legislation. The team also
00:30:30discusses the articles regarding which a number of
00:30:34observations have been received, in preparation
00:30:37for their analysis and the formulation of recommendations
00:30:41that contribute to strengthening the child protection system. Society
00:30:45change. Therefore, the need arose for amendments
00:30:49to the Child Law to adapt and keep pace with these
00:30:52changes, even the type of challenges that children currently face
00:30:56have become the past.