Al Buraimi Educational Services decreases capital

The Board of Directors of Buraimi Educational Services Company, owner of University of Buraimi, held an Extraordinary General Assembly which was aimed to decide on dividing the capital taking in consideration the proportion of the shareholders of the company from 50 per cent to 100 per cent of the target capital. The resolution was unanimously approved.
The meeting was chaired by Yousuf bin Karam al Farsi, Chairman of the Board of Directors, who thanked His Majesty Sultan Qaboos for his generous contribution to the construction of the campus which amounted to RO 17 million. He also thanked the Minister of Higher Education and the distinguished ministry for their continuous support to the university.
The meeting provided varied discussions with a number of recommendations and points of interest to the governing council.
The Board of Directors, which was elected in April 2017 during the General Assembly of Al Buraimi Education Services Company, affirmed its keen interest in the current and upcoming phase of the university’s life, with the emphasis that University of Buraimi offers its educational services at the highest level of quality while working on marketing them as widely as possible. They pledge wise leadership in becoming a model of higher education institutions in Oman.