Bank Nizwa signs financing agreement for construction of Arab Open University campus in Oman

Bank Nizwa signs financing agreement for construction of Arab Open University campus in Oman

Muscat: Bank Nizwa, Oman's leading and most trusted Islamic bank, recently signed an agreement with Arab Open University to finance the construction of their new campus in Oman. The signing ceremony was held at the Bank Nizwa head office in Muscat.With education being a primary focus of the Oman Vision 2040, Bank Nizwa understands the importance of having a professionally skilled workforce to drive the economy and thereby attain prosperity.The agreement was signed by Khalid Al Kayed, CEO of Bank Nizwa and Dr Moosa Al Kindi, Director of Arab Open University, Oman branch. The signing ceremony was held in presence of senior members of Bank Nizwa including General Manager, Wholesale Banking Narasimhan and Saif Al Rawahi, AGM- Investment and Government Banking, Treasury and Projects. From AOU, the ceremony was attended in-person by Bader Al Busaidi, Assistant Director for Administration & Finance - AOU Oman and Mohammed Said- Financial Advisor to AOU, President. Prof. Naïf Al-Mutairi, Vice President of Academic Affairs, Representing President and Prof. Omar Al Jarrah, Vice President of Planning and Development Affairs of AOU, Prof. Said Al Hallaq, Assistant to President for Administration and Finance virtually joined the signing ceremony from Kuwait.Bank Nizwa has always been at the