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- Sohar International, Al Mouj sign MoU for RO63mn credit facility
- Oman's industrial exports rise 8.6% to RO1.6bn in Q1
- UAE economic outlook remains bullish despite global volatility
- Dubai realty pivots to long-term stability as market dynamics shifts
- Al Seer Marine, B International Logistics launch new shipping JV
- ACWA Power enters potential $10bn investment deals in Malaysia
- Galfar lands key Oman road dualisation project
- Zain accelerates national talent empowerment in digital economy
- Gulf Bank organizes cleanup campaign on Qaruh Island
- Al-Tijaria, CSCEC sign strategic MOU with to collaborate on govt-tendered projects
26/02/2025 10:42 AST
The Board of Directors of Sohar International Bank on Wednesday announced the appointment of Abdul Wahid Mohamed al Murshidi as new Chief Executive Officer, effective immediately.
Murshidi has been serving as Acting Chief Executive Officer of Sohar International since January 1, 2025, during which he has demonstrated exceptional leadership and strategic vision, the bank said in a press release.
Said Mohamed al Aufi, Chairman of Sohar International, said, "Today marks an important milestone for Sohar International. Abdul Wahid's proven track record, exceptional expertise, and unwavering dedication make him the ideal leader to steer our bank into its next chapter. We are confident that under his guidance, Sohar International will continue to thrive and reinforce its position as a leading financial institution in the region."
In his new role, Murshidi will spearhead the bank's initiatives aimed at achieving exponential and sustainable growth.
"We are pleased to have a leader of Abdul Wahid's caliber to guide the management team toward further success and excellence. With his diverse experience in the banking industry, we believe he will build on the bank's achievements and strengthen its capabilities as a market leader," Aufi added.
Murshidi brings over 18 years of extensive experience in various banking functions, including audit, finance, investment, and Islamic banking. He joined Sohar International in July 2019 and previously served as Deputy General Manager at a prominent local Islamic bank.
Muscat Daily
03/06/2025
Sohar International and Al Mouj Muscat have signed a Memorandum of Understanding (MoU) for a strategic credit facility agreement valued at RO63mn to Al Mouj Muscat.
Structured as a combinati
Muscat Daily
05/05/2025
Sohar International recently celebrated the official inauguration of its branch in Saudi Arabia. The event was held under the patronage of Yazeed Ahmed AlSheikh, Deputy Governor for Supervision, Suad
Muscat Daily
08/04/2025
Sohar International Bank on Monday announced its intention to explore a potential merger with Ahlibank.
In a meeting held by its board of directors, Sohar International resolved to send a le
Muscat Daily
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03/06/2025
Sohar International and Al Mouj Muscat have signed a Memorandum of Understanding (MoU) for a strategic credit facility agreement valued at RO63mn to Al Mouj Muscat.
Structured as a combinati
Muscat Daily
03/06/2025
Al Seer Marine, a global maritime organization headquartered in Abu Dhabi, said it has partnered with B International Shipping & Logistics, an affiliate of top Geneva-based energy trader BGN, to laun
Trade Arabia
03/06/2025
ACWA Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of memorandum of understanding (Mo
Trade Arabia
03/06/2025
Galfar, one of the largest engineering, contracting and construction companies in Oman, has announced that it has secured a major construction works contract for Part Four of the Sultan Said bin Taim
Trade Arabia
03/06/2025
Zain announced the successful conclusion of its participation in the TechEdge program, one of the leading training initiatives focused on digitally empowering young talent. The program was held under
Kuwait Times
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