Meethaq hosts Oman-India Business Connect Forum

Muscat - 

Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, hosted ‘Oman-India Business Connect Forum’ at Bank Muscat head office.

The high profile forum was attended by H E Ahmed al Dheeb, Undersecretary at the Ministry of Commerce and Industry, H E Indra Mani Pandey, Indian Ambassador to Oman, prominent Indian investors, senior officials of ports, special economic zones, industrial estates and Meethaq Islamic Banking.

Against the backdrop of Oman’s strategic economic diversification programme and the emergence of Islamic financial services industry, the forum spotlighted investment opportunities for Indian investors in Oman as well as new possibilities and collaborations in Islamic banking and finance, according to a press release.

H E Dheeb said, “The sultanate’s maritime ports, special economic zones and industrial estates play a big role in the integrated economic development plan comprising industrial hubs for heavy, medium and light industries and modern cities.

The aim is to develop Oman as one of the best locations to visit, live, work and invest in the Middle East. The pursuit of this objective offers attractive investment opportunities and we are delighted to showcase them to Indian investors.”

Experts addressed the forum and participated in a panel discussion highlighting strategic projects currently under way in Sohar, Salalah and Duqm,.

Sulaiman al Harthy, deputy chief executive officer – Islamic banking at Bank Muscat, said, “Meethaq recognises the immense investment prospects and potential that Oman offers and is committed to supporting the strategic national development initiative and identify opportunities aimed at attracting investments in line with Oman’s Vision 2040 economic blueprint.

The forum comes as part of the bank’s endeavours to share experience and facilitate collaboration opportunities with the pioneer of Islamic banking in Oman.”

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