Muscat – In a disclosure on the Muscat Stock Exchange, Sohar International confirmed that its Board of Directors made the decision during a meeting held on June 22, 2025. The decision comes after earlier announcements made on April 7 and April 10 regarding the proposed merger between the two financial institutions.

“Since both banks have not received necessary regulatory approvals so far to progress further with the merger, the Board of Directors of Sohar International decided on the 22nd of June 2025 to postpone the discussion of the proposed merger with the Board of Directors of Ahli Bank for the time being.

The Board of Directors of Sohar International shall update the shareholders and the investment community with any material developments in a timely manner in line with applicable regulations.,” stated the disclosure signed by Abdulwahid Mohamed Al Murshidi, CEO of Sohar International.