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Bank Muscat to announce new Green Sports beneficiaries today

MUSCAT, 22 December 2013 – Marking the second year of the unique Green Sports initiative launched by Bank Muscat to develop a sporting nation, agreements will be signed today (Monday, 23 December 2013) with 10 teams and clubs across Oman to green their playing fields.

H.E. Sheikh Saad bin Mohammed al Mardouf al Saadi, Minister of Sports Affairs, will preside at the ceremony at the bank's head office, in the presence of a host of dignitaries and AbdulRazak Ali Issa, Chief Executive.

The Green Sports initiative was launched in 2012 by Bank Muscat in collaboration with the Ministry of Sports Affairs to promote Oman as a sporting nation As part of the programme, 10 sports clubs/teams were given support to green their playing fields in 2012. The initiative has yielded encouraging results with four of these teams receiving green fields developed by the bank. Al Reef Team in the wilayat of Ibri was the first to receive a green playground, followed by A'dhahar Team in the wilayat of Bidiya, Bilad Seet team in the wilayat of Bahla and Al Noor team in the wilayat of Musanah.

The bank recognises that local clubs wield immense influence on neighbourhood communities, especially youth, therefore clubs with modern infrastructure facilities can help raise sporting heroes for the country. The initiative reiterates the bank's support to Oman's youth who represent the future of Oman, besides contributing to sustainable development and protection of the environment, thereby ensuring all-round development in Oman.

The Green Sports funding eligibility criteria include that sports clubs/teams should have been in existence for three years with a minimum membership of 300 youth from the local community. Bank Muscat will lay turf grass and plant trees and hand over the fields to beneficiary clubs/teams.

True to its commitment to supporting varied sporting activities in the country, Bank Muscat remains at the forefront in offering the required encouragement and support to youth. As the nation's leading financial institution, Bank Muscat aims to provide the impetus for youth to excel in all arenas and thereby contribute to the development and progress of Oman.