MUSCAT: 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.
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