Sohar International CEO: Oman Vision 2040 Opens New Banking and Investment Opportunities

The CEO of Sohar International discusses the Omani financial institution’s growth strategy and its evolution beyond traditional banking. Founded in 2007 as Bank Sohar, the company adopted the Sohar International name as part of a broader strategy to provide financial services beyond lending. The bank continues to raise capital as it sees lending opportunities in Oman and Saudi Arabia, supported by foreign investment and economic development.

Looking ahead, Sohar International plans to participate across the sectors prioritized under Oman Vision 2040, while investing in technology and expanding its role in international trade. The CEO says the institution aims to actively create deals and increase trade between Oman and global markets rather than operate solely as a traditional lender.

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