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Oman News

Sohar International gets approval to start operations in Saudi Arabia

On Tuesday, the Saudi Council of Ministers approved the licence for Sohar International to conduct banking operations.

TAS News Service

info@thearabianstories.com

Tuesday, October 26, 2021

MUSCAT: Sohar International have received the approval to open a branch in Saudi Arabia.

On Tuesday, the Saudi Council of Ministers approved the licence for Sohar International to conduct banking operations.

In a statement issued, the Saudi Press Agency said: “The Council of Ministers approved the license for Sohar International Bank to open a branch for it to conduct banking business in the Kingdom, and authorising His Excellency the Minister of Finance to decide on any subsequent request to open other branches of the bank in the Kingdom.”

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