The Oman Financial Services Authority has revoked Thara Global Business LLC’s licence to operate in the securities sector and removed the company from its register after it failed to meet minimum capital and shareholders’ equity requirements. The authority had temporarily suspended the licence for three months on Feb. 10, 2026, to allow the company to regularize its position. Thara Global Business failed to satisfy the requirements within the granted period, resulting in the licence revocation and removal from the register.
Oman Financial Services Authority revokes Thara Global Business licence over unmet capital requirements
The Oman Financial Services Authority revoked Thara Global Business LLC’s securities licence and removed it from the sector register for failing to meet minimum capital and shareholders’ equity requirements. The company did not regularize its position after receiving a three-month suspension.