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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Z-Corp wins ‘Best Social Economic Development Company’ award

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Muscat: The Zubair Corporation (Z-Corp) has won the International Finance Magazine (IFM) Awards in the ‘Best Social Economic Development Company’ category in Oman.


In line with its CSR strategy the Zubair Corporation (Z-Corp) has been making valuable contribution to the socio-economic development of Oman. Understanding that it is important for companies to create shared value by playing a role in advancing socio-economic development in the country, Z-Corp has been providing employment opportunities, skills development and training interventions to not just our employees but the larger community. Besides it has been investing in social service activities in the society.


Whether it is creating public libraries, promoting road safety, supporting health, sport and educational programmes, Z-Corp has been at the forefront of many community based activities.


Z-Corp has undertaken a number of socially impactful initiatives and the objective of the initiative are carried out by Social Advisory Committee, Collaboration Team and Zubair Small Enterprises Centre (Zubair SEC).


Z-Corp won the IFM Awards for its initiative Zubair SEC, which has been promoting a culture of entrepreneurship in Oman. IFM Awards recognised Z-Corp for offering the “ultimate tribute to the spirit of entrepreneurship” and for setting “an example, not only in Oman, but worldwide.”


The IFM Awards celebrates excellence and honours organisations in the international finance industry that make a significant difference and add value. The IFM Award recognises those who contribute to raising the bar in the financial industry through activities of note. These include path-breaking initiatives in corporate social responsibility or charitable activities, better corporate governance and other achievements that impact the global finance community.


Khalid Bin Mohammed Al Zubair, Managing Director, the Zubair Corporation said, “We are delighted to win this prestigious international award. This award is recognition for the company as well as the Sultanate of Oman. We are proud to state that creating economic and social value is at the heart of Z-Corp’s activities. Our aspiration is to bring about sustainable and net economic benefit to our country. Corporate Social Responsibility (CSR) is a significant part of Z-Corp’s commitment to society. Creating economic and social value is at the heart of The Zubair Corporation’s activities. Z-Corp has undertaken several socially impactful initiatives. Our policies, practices and initiatives have had a positive impact on social and economic welfare of the country.”


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