Sohar International and its Islamic branch remain committed to promoting a knowledge-based economy

Muscat: In line with its efforts to place the Sultanate among the top 20 countries in the Global Innovation Index, Sohar International and Sohar Islamic, the Islamic window of Sohar International, recently participated as a sponsor of gold at the 3rd Oman Science Festival which was inaugurated by HE Ing. Saeed Hamoud Al Maawali, Minister of Transport, Communications and Information Technology. Attended by HE Dr. Madiha Ahmed Al Shaibani, Minister of Education, the national-level event, organized by the Ministry of Education, is being held at the Oman Convention and Exhibition Center from October 10-15 2022 with the central theme ‘We will meet again with science’. The bank’s participation in the event is in line with the memorandum of understanding signed with the Ministry of Education earlier in June, thus reaffirming its commitment to creating a knowledge-based economy and to promote a culture of creative thinking in the community.

Commenting on the exhibit, Mr. Ahmed Al Musalmi, Managing Director of Sohar International, said, “Oman Vision 2040 has a strong focus on quality education. As a bank strongly aligned with the nation’s goals, Sohar International recognizes the importance of long-term planning, constant effort and direct investment in capacity building to achieve the overarching goals of the national program. The exhibition’s focus on promoting science, innovation and research to young people will help prepare the next generation to embrace disruption, face competition and navigate an ever-changing world. evolution. Through its various initiatives, Sohar International will continue to work in unison with the authorities to encourage knowledge sharing, talent development and inclusiveness in the education system.

Adopting a holistic approach to generate more awareness, interest and a positive trend in science, innovation and research, the festival had more than 70 science corners with 452 activities in different fields. It included an exhibition, a theatre, interactive scientific workshops and various competitions. Playing an active role in the exhibition, Sohar International, through the Sohar Academy, also organized an educational session on the theme “Junior Investor” for the visitors of the festival. The installation of the booth by Sohar International and Sohar Islamic attracted a large number of students allowing bank employees to interact and network with Omani students and educate them on savings accounts and mobile banking application .

The festival also aims to encourage Omani students to develop a scientific mind and keep pace with global technology trends. The 2nd edition of the Oman Science Festival held in 2019 featured around 300 events and activities with over 1,000 students participating in programming and robotics competitions, hackathons, drone competitions as well as science presentations.

As an organization that focuses on knowledge sharing initiatives, Sohar International has been consistent in its efforts to guide, encourage and stimulate continuous learning and development, knowledge exchange and critical thinking. The bank’s thought leadership program, Viewpoints – Sohar International’s Chairman Forum, has not only injected global best practices into the local market, but also inspired young people to continue developing their individual capabilities. Moreover, through its various campaigns, the bank has also been at the forefront of promoting prudent investment habits among young people.

Sohar International’s participation in the Oman Science Festival demonstrates its unwavering support for thoughtful, youth-focused programs that have the potential to drive socio-economic progress. By providing quality education, nurturing an inquisitive mindset and imbuing a zeal for excellence in young people, Sohar International has encouraged positive transformation in the community.


About Sohar International

With a vision to become a world-class Omani service company that helps customers, community and people thrive and develop, Sohar International operates with the goal of helping people “win” by offering banking services responsive to their ever-changing world, complementing their growth. and prosperity with international standard service delivery. The Bank seeks to redefine banking in Oman through transformational developments centered on the principles of More Velocity, making everything simple and fast; More Value, ensuring relevance and connectivity with the world of customers; and More Vision, liberating stakeholders through talented leadership.

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Hamida Al Balushi
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Donald E. Patel