OMINVEST bags ‘Excellence in Investment’ award at New Age Banking Summit

  • Date: 05-Jun-2022
  • Source: GCC Business News
  • Sector:Economy
  • Country:Oman
  • Who else needs to know?

OMINVEST bags ‘Excellence in Investment’ award at New Age Banking Summit

Oman International Development and Investment Company (OMINVEST) has received the ‘Excellence in Investment’ award at the seventh edition of the ‘New Age Banking Summit’.

The summit, which was held under the patronage of H E Tahir Al Amri, Executive President of the Central Bank of Oman, highlighted the opportunities and challenges faced by Oman’s banking industry, and focused on the adoption of new technologies that will help Omani banks keep pace with the evolving financial ecosystem in the digital age.

It was recognized at the Summit that OMINVEST’s investments in quality assets across diversified sectors, creation of scalable platforms within business verticals, excellence in acquisitions and mergers, creating value and synergies within group companies, producing healthy cashflows, and a track record of uninterrupted dividends are among the key considerations for which the company won the ‘Excellence in Investment’ award.

AbdulAziz Al Balushi

Group CEO – OMINVEST “We are honored and delighted to receive the award for ‘Excellence in Investment’ for the second time and I sincerely thank our esteemed regulators for their continued support and guidance, which has been paramount to our success over the years. I also thank our esteemed board of directors for their vision and leadership, and our dedicated employees for