TORONTO, July 15, 2026 /CNW/ – The Real Estate Council of Ontario (RECO) has launched a new elective continuing education course to help Ontario real estate professionals better understand the Professional Liability Insurance Program, their obligations, and the role the program plays in consumer protection.

Through consultation with the sector, RECO identified insurance as an area where registrants would benefit from additional targeted education. This course provides an overview of the three types of coverage provided by the program: Errors and Omissions, Commission Protection and Consumer Deposit. Registrants will also learn their insurance obligations under the Trust in Real Estate Services Act, 2002 (TRESA), and explore scenarios that demonstrate how the insurance program applies in practice.

By law, every registered real estate professional in Ontario must carry professional liability insurance. This requirement is an important consumer protection measure that helps ensure financial safeguards are in place when a consumer experiences a loss resulting from a registrant’s error, negligence or other covered circumstances. The program also provides coverage to registrants for certain insured losses and claims.

“Professional liability insurance is much more than a registration requirement. It plays an important role in maintaining trust and confidence in Ontario’s real estate services sector,” said Jean Lépine, RECO’s Administrator and Acting CEO. ” This course provides practical education that helps registrants better understand their responsibilities, how the program works, and the important role it plays in consumer protection.”

Modernizing Continuing Education

Beyond the immediate focus on insurance, this launch represents an early milestone in RECO’s broader education modernization journey. As Continuing Education continues to evolve, RECO is exploring opportunities to strengthen learning outcomes.

As part of this effort, the course includes a mandatory assessment that learners must successfully complete to earn their credit. This new feature will provide valuable insights to help inform RECO’s broader work to modernize regulatory education.

More information about RECO’s education modernization work will be shared as it progresses.

Registrant Information

Registrants can enrol online through their MyWeb account. The course can be completed as one of the two required elective courses during the two-year registration cycle or taken voluntarily at any time.

About the Real Estate Council of Ontario (RECO)

RECO is a not-for-profit corporation established in 1997 to regulate real estate agents and brokerages to protect consumers in Ontario’s real estate services sector. RECO administers the Trust in Real Estate Services Act, 2002.

Contact:
Tess Lin, Director of Communications & Stakeholder Relations
Real Estate Council of Ontario
mediacontact@reco.on.ca

SOURCE Real Estate Council of Ontario

MUSCAT, Oman, July 15, 2026 /PRNewswire/ — Future Fund Oman (FFO), a portfolio of Oman Investment Authority (OIA), the Sultanate of Oman’s sovereign wealth fund, has announced a new package of 105 strategic projects and investments worth USD 1.744 billion, as the Sultanate of Oman accelerates its economic diversification.

The portfolio combines USD 585 million in commitments from FFO with around USD 458 million in local investment, spanning renewable energy, advanced manufacturing, tourism, healthcare, medical technologies, innovation and food industries.

“This portfolio directs capital toward nationally prioritized sectors and strengthens Oman’s appeal to global investors,” said His Excellency Mulham Al Jarf, Deputy President of Investment at the Oman Investment Authority. He noted that the Fund has worked to establish itself as an economic catalyst and a trusted investment partner.

The portfolio’s most internationally significant bets place Oman inside global supply chains. Its flagship, Orion Solar, will build an integrated solar cell and module facility in SOHAR Freezone with annual capacity of six gigawatts, the first of its kind in the Middle East and a cornerstone of localizing the solar value chain. Alongside it, Gallant Industrial Project will produce 66,000 tonnes a year of lithium iron phosphate cathode material, a core component of electric vehicle batteries, linking the Sultanate to the fast-growing clean-energy and storage markets.

The Fund is also building capacity across tourism, technology and food security. It is backing the As’ Sodah Island Resort, an integrated development spanning roughly 10 kilometres of pristine coastline, and Terminal 11, Oman’s first integrated innovation hub, which brings startups, venture capital and researchers under one roof. Further investments span Alma, an animal-nutrition manufacturer drawing on Oman’s marine and pastoral resources, and XCyber, a sovereign cybersecurity company using artificial intelligence to protect critical national infrastructure under the joint fund between ewpartners and FFO.

The package also draws marquee international capital into the country. FFO committed USD 200 million each to Vivo Capital, a leading global life sciences fund, and Certares, an international tourism and hospitality investor, and launched a new Healthcare Investment Fund capitalized at USD 130 million to localize medical industries and lift the quality of care.

Beyond large-scale projects, FFO continues to back startups and small and medium-sized enterprises at every stage of growth, from incubation through early growth to established firms.

Established in 2024 with a capital of USD 5.2 billion to stimulate economic recovery in Oman following COVID-19, the Fund continues to build specialized partnerships that bring global expertise and knowledge transfer to priority sectors across the Sultanate of Oman. It underscores FFO’s expanding role in advancing Oman Vision 2040 through economic diversification, venture investment and foreign capital attraction. Investors, entrepreneurs and institutions interested in these opportunities can explore the targeted sectors and apply through the Fund’s digital platform at www.futurefund.om.

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LOS ANGELES and NEW YORK, July 15, 2026 /PRNewswire/ — JonesTrading Institutional Services LLC (“Jones”) announced Monday, July 13, 2026, that it served as sole book-running manager for the $200 million initial public offering of Jones Ventures INTL Acquisition1 Corp.

The offering consisted of 20,000,000 units priced at $10.00 per unit. The units began trading on the Nasdaq Global Market on July 14, 2026, under the ticker symbol “JONEU.”

Jones Ventures INTL Acquisition1 Corp is a newly organized blank check company formed for the purpose of pursuing a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

“This transaction reflects the continued expansion of Jones’ capital markets platform and our ability to deliver thoughtful advice and strong execution to our clients,” said Alan Hill, CEO of Jones. “We are proud of the team’s work and pleased to support Jones Ventures INTL Acquisition1 Corp.”

Bryan Turley, Chief Financial Officer of Jones Ventures INTL Acquisition1 Corp, added:

“Jones brought senior-level attention, deep market expertise and a highly collaborative approach throughout the offering process. We appreciate the team’s guidance and execution in helping us successfully complete this important transaction.”

Each unit consists of one Class A ordinary share and one right to receive one-eighth of one Class A ordinary share upon the completion of an initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to trade on Nasdaq under the symbols “JONE” and “JONER,” respectively.

The company granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from JonesTrading Institutional Services LLC, 325 Hudson Street, 6th Floor, New York, New York 10013, or by email at ECM@jonestrading.com.

A registration statement relating to the securities was filed with and declared effective by the U.S. Securities and Exchange Commission on July 13, 2026. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About Jones

JonesTrading Institutional Services, LLC (“Jones”) is a leading full-service investment banking firm, providing a comprehensive suite of services, including capital markets, M&A, and strategic advisory to corporate clients. The firm is dedicated to building lasting partnerships by delivering innovative solutions, deep industry expertise, and tailored strategies that drive value and success. Founded in 1975, JonesTrading has established itself as the global leader in block trading and a premier liquidity provider to institutional investors. The firm’s offerings also include derivatives trading, outsourced trading, electronic trading, prime services, private markets trading, and research/market intelligence. Member FINRA and SIPC.

For more information, please visit www.jonestrading.com

Megan Bracero
mbracero@jonestrading.com

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SOURCE JonesTrading Institutional Services