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30/01/2018 05:33 AST
As part of overall strategies to pursue fresh business opportunities, Bank Sohar recently sponsored and participated in an investors meet organised by the Muscat Chapter of Institute of Chartered Accountants of India. The event titled 'Oman-India Investors' was held at the Hotel Shangri-la's Barr Al Jissah Muscat on the 18th of January 2018, under the auspices of Dr Ali bin Masoud al Sunaidy, Oman's Minister of Commerce and Industry; and .Indra Mani Pandey, India's Ambassador to Oman.
The event brought together an elite group of CEOs, CFOs, and renowned Omani businessmen who joined a 70 member delegation of Indian investors to discuss areas of partnership on potential business opportunities in the Sultanate. Among the important topics presented for discussion was a discourse on feasible strategies to steer the Sultanate through its transition into a post-oil economy. Panelists and attendants from the Central Bank of Oman, the PEIE and the Capital Market Authority voiced recommendations for this under the title `Economic transformation through diversification and industrialisation'.
Sasi Kumar, Bank Sohar's Acting CEO moderated the event's discussion on investment opportunities in Oman. He was joined by representatives from other financial institutions in the industry to educate potential investors at the forum on the myriad opportunities for investment available in Oman thanks to the phased development of economic diversification. The event concluded with a token of appreciation being given to the Bank for its support and participation in the event reflecting its strong commitment to play an active role in having a positive impact on the local economy.
Oman Daily Observer
02/04/2018
Bank Sohar's shareholders attended an Extraordinary General Meeting (EGM) followed by the Bank's Annual General Meeting (AGM) on March 29, 2018 at the Sheraton Hotel in Muscat. The bank's Board of Di
Oman Daily Observer
28/03/2018
Announcing another 43 lucky winners, Bank Sohar held its second monthly prize draw for the Al Mumayaz Savings Scheme 2018 under the auspice of Shaikh Homoud bin Hamed al Wahshi, Wali of Musannah, on
Oman Daily Observer
31/01/2018
Bank Sohar's net profit for 2017 jumped 32.54 per cent to RO 25.331 million compared with RO 19.112 million in 2016. Commenting on the bank's performance, Mohammed Mahfoudh al Ardhi, Chairman of the
Oman Daily Observer
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
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