Oman

Oman, KSA sign MoU to enhance cooperation in endowment sector

Published: 06:10 PM,Oct 01,2025 | EDITED : 10:10 PM,Oct 01,2025

Dr Mohammed bin Said al Maamari, Minister of Awqaf and Religious Affairs, received at his office on Wednesday Emad bin Saleh al Kharashi, Governor of the General Authority of Awqaf in the Kingdom of Saudi Arabia. During the meeting, the two sides reviewed the fraternal relations between the two countries and the mechanism for strengthening them in the field of endowments (Awqaf), including the transfer of knowledge, and the exchange of expertise and experiences between the Ministry of Awqaf and Religious Affairs in the Sultanate of Oman and the General Authority of Awqaf in the Kingdom of Saudi Arabia. - ONA
 
Dr Mohammed bin Said al Maamari, Minister of Awqaf and Religious Affairs, received at his office on Wednesday Emad bin Saleh al Kharashi, Governor of the General Authority of Awqaf in the Kingdom of Saudi Arabia. During the meeting, the two sides reviewed the fraternal relations between the two countries and the mechanism for strengthening them in the field of endowments (Awqaf), including the transfer of knowledge, and the exchange of expertise and experiences between the Ministry of Awqaf and Religious Affairs in the Sultanate of Oman and the General Authority of Awqaf in the Kingdom of Saudi Arabia. - ONA

MUSCAT: The Sultanate of Oman and the Kingdom of Saudi Arabia on Wednesday signed a Memorandum of Understanding (MoU) in Muscat aimed at enhancing bilateral cooperation in the endowment sector.
The signing of the MoU comes within the framework of the strong fraternal relations between the two countries and their mutual commitment to exchanging expertise and improving endowment performance to serve shared interests.
The MoU was signed on behalf of the Sultanate of Oman by Ahmed bin Saleh al Rashdi, Under-Secretary of the Ministry of Awqaf and Religious Affairs, and on behalf of the Saudi side by Emad bin Saleh al Kharashi, Governor of the General Authority of Awqaf in the Kingdom of Saudi Arabia.
The MoU aims to activate cooperation between the two sides in the areas of exchanging scientific and practical expertise in endowment affairs, documentation, and enhancing the role of endowments in community and economic development. It also covers the exchange of experiences related to endowment systems and management, methods of protecting and developing endowments, and mechanisms for their disbursement and investment.
The agreement stipulates encouraging both sides to exchange publications, research and specialised periodicals in endowment studies, organising joint events such as conferences, seminars and workshops, and benefiting from the accounting, investment, administrative and technical systems used in both countries in this field.
The MoU's provisions also include exchanging training courses, organising expert visits and enhancing cooperation in relevant scientific research, thereby contributing to the advancement and efficiency of the endowment sector and maximising its impact on societies.