Tuesday, November 04, 2025

Oman News

Oman Charitable Organization and Sohar International sign MoU to drive sustainability and digital transformation

The Oman Charitable Organization (OCO) has signed a strategic Memorandum of Understanding (MoU) with Sohar International Bank to promote sustainability and accelerate digital transformation.

TAS News Service

info@thearabianstories.com

Tuesday, September 16, 2025

MUSCAT : The memorandum was signed by His Excellency Dr. Abdullah bin Mohammed Al Saidi, Minister of Justice and Legal Affairs and Chairman of the Oman Charitable Organization’s Board of Directors, and Abdulwahid bin Mohammed Al Murshidi, Chief Executive Officer of Sohar International Bank.

The strategic partnership aims to develop a unified technological platform, enhance data-driven governance, and support sustainable investment initiatives in alignment with the goals of Oman Vision 2040.

Speaking on the occasion, Al Murshidi stated that the agreement reflects Sohar International’s commitment to integrating technology and sustainability to drive digital transformation and strengthen the national economy.

Reiterating similar sentiments, Badr bin Mohammed Al Zaabi, Acting CEO of the OCO, highlighted the three core pillars of the collaboration: developing digital systems, adopting data-driven governance models, and promoting sustainable investment opportunities. He pointed out that this contributes to achieving greater flexibility and efficiency and aligns the Organization with national development priorities.

For all the latest news from Oman and GCC, follow us on TwitterInstagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Close