[ad_1]
Muscat: In line with its commitment to play a catalytic role in Oman’s economic growth and contribute to the national diversification agenda in line with Oman Vision 2040, Sohar International, Oman’s fastest growing bank, has Partnered with the National Program for Sustainability and the Financial Sector. Development “Estidama” and the British Embassy have launched the establishment of the Oman Business Growth Fund. The partnership aims to strengthen the financial sector, increase competitiveness and expand access to customized financing options in line with global best practices. The overarching goal of this initiative is to stimulate market growth, promote economic diversification, and support Oman’s long-term vision for sustainable development and economic prosperity.
The official signing ceremony, held within the framework of the 10th meeting of the Oman-UK Strategic Group, symbolizes the unwavering commitment of local and international stakeholders towards the prosperity of Oman. His Excellency Nasser bin Khamis Al Jashmi, Commissioner of the Tax Authority, led the Omani delegation and Sir Gerry Grimstone led the UK delegation. Additionally, the presence of His Excellency Dr. Hameez bin Saif Al Jabri, Director of the Oman Vision 2040 Implementation Follow-up Unit, underlines the importance of this initiative in advancing the country’s long-term strategic goals. . Mahmoud bin Abdullah bin Ahmed Al-Owaini, Secretary-General of the Ministry of Finance, Dr. Leanne Saunders, British Ambassador to Oman, and Khalil Salim Al-Hedaifi, Director-General of Government and Private Banks.The directors are Oman Business Growth Fund. officially approved the letter of intent regarding its establishment.
Khalil Salim Al Hedaifi, Chief Government and Private Banking Officer, Sohar International, said: “This is an important milestone for Sohar International and demonstrates our unwavering commitment to advancing Oman’s economic development. “These strategic alliances underline our firm commitment to supporting local economic development.” “This will enable Omani businesses to thrive in domestic and international markets, paving the way to endless opportunities.Together, we will drive unprecedented growth and secure the Sultanate’s lasting promise. We aim to foster economic prosperity.”
The conference featured discussions on a variety of topics, including updates on national initiatives and projects, with a focus on sustainable green finance. Participants considered financial sector development, strategies to improve Oman’s business environment for foreign investment, and best practices for decentralized state administration. This meeting marks an important milestone in strengthening the relationship between Oman and the UK, fostering knowledge exchange and addressing key strategic challenges essential to achieving the two countries’ joint economic and investment goals.
Sohar International’s active involvement in establishing the Oman Business Growth Fund together with key domestic and international partners demonstrates the bank’s unwavering commitment to supporting projects that contribute to the socio-economic development envisioned by Oman Vision 2040. It shows an attitude. As the fastest growing bank in Oman, Sohar International is committed to fostering growth through this initiative as well as actively working on various mega projects in line with the country’s development goals. .
About Sohar International
With a vision to be a world-class Omani services company that helps customers, communities and people prosper and grow, Sohar International provides banking services that are responsive to an ever-changing world, helping people win. We operate with the purpose of supporting “. Growth and prosperity by providing services of international standards. The Bank seeks to redefine banking in Oman through transformative developments centered around the principles of More Velocity, making everything simple and fast. Deliver more value and stay relevant and connected to your customers’ world. And More Vision liberates stakeholders through talented leadership.
Sohar International has now achieved an important milestone and established itself as the second largest bank in Oman. The bank’s commitment to excellence is reflected in its impressive growth as the nation’s fastest growing bank. This achievement confirms Sohar International’s dedication to providing first-class banking services and contributing to Oman’s economic development. For more information, please visit www.soharinternational.com.
Please send your press release to pressrelease.zawya@lseg.com.
© Press Release 2024
Disclaimer: The content of this press release has been provided by an external third-party provider. This website is not responsible for and has no control over such external content. This content is provided “as is” and “as available” and has not been edited in any way. Neither this website nor any of our affiliates guarantee the accuracy of or endorse the views and opinions expressed in this press release.
Press releases are provided for informational purposes only. This content does not provide tax, legal, or investment advice or opinion regarding the suitability, value, or profitability of any particular security, portfolio, or investment strategy. Neither this website nor any of our affiliates will be responsible for any errors or inaccuracies in the content or for any actions you may take based on the content. You expressly agree that your use of the information in this article is at your own risk.
To the maximum extent permitted by applicable law, this Website, its parents, subsidiaries, affiliates, and their respective shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors ( We shall not be liable (jointly or severally) for: DIRECT, INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL, EXEMPLARY, OR EXEMPLARY DAMAGES (INCLUDING LOST PROFITS, LOST SAVINGS, OR LOST REVENUES) WHETHER IN NEGLIGENCE, TORT, CONTRACT, OR OTHER THEORY OF LIABILITY. (including but not limited to), you will be compensated even if a party is liable. We may have been advised of or could have foreseen the possibility of such damages occurring.
[ad_2]
Source link
