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Bank Muscat extends support to Al Roya Economic Forum

MUSCAT, 20 March 2016 – Bank Muscat, the flagship financial services provider in the Sultanate, is a key supporter and participant in Al Roya Economic Forum 2016 to be held under the auspices of H.E Yahya bin Said Al Jabri, Chairman of the Special Economic Zone Authority at Duqm (SEZAD) today (Wednesday 4 May) at Grand Hyatt Hotel.

The forum aimed at highlighting economic challenges and investment opportunities in Oman will be attended by key government and private sector officials, experts and academics. The forum seeks to strengthen the role of media in focusing on development issues linked to the Sultanate, as well as identify economic strategies to tackle low oil prices through strong partnership between the public and private sectors to achieve sustainable development.

As the leading bank in the Sultanate, Bank Muscat seizes every opportunity to complement efforts in boosting economic development. The support to the forum to review the Sultanate's development plans and discuss investment opportunities and economic trends comes within the bank's strategy to promote sustainable development in Oman.

During the past 34 years since its inception in 1982, Bank Muscat has been closely involved in the progressive march of the nation. In view of the prudent economic strategies pursued by the Sultanate, Bank Muscat anticipates considerable growth opportunities. The bank remains committed to supporting the government objectives in diversifying the national economy, creation of employment opportunities to young, educated Omani youth and expansion of industrialisation in the Sultanate.