Sohar Aluminium signs MoU with Takaful Sohar Social Charity Team to fund investment building

Sohar Aluminium signs MoU with Takaful Sohar Social Charity Team to fund investment building

Muscat: Sohar Aluminium Company (SA) signed a Memorandum of Understanding with Takaful Sohar Social Charity Team to finance the development of an investment building project for the team in the Wilayat of Sohar, North Al Batinah Governorate. The signing ceremony was attended by Sheikh Mohammed bin Abdullah Al Busaidi, Wali of Sohar, Abdullah bin Ali Al Balushi, Shura Member of Sohar, Sheikh Ahmed bin Mohammed Al Balushi, Deputy Wali of Sohar and other dignitaries. The agreement was signed by Ahmed bin Mohammed Al Kharusi, General Manager of HR and Corporate Affairs at Sohar Aluminium, and Abdulmunim bin Mohammed Al Murshidi, CEO of Takaful Sohar Social Charity Team. The agreement stipulates financing the construction of a 4-storey residential and commercial building with a total built-up area of approximately 406 sqm based on the approved design, provided that the building is constructed within one year of signing the agreement. This project will play a significant role in boosting and ensuring the sustainability of the activities conducted by the Takaful Sohar Social Charity Team to serve the community in the Wilayat of Sohar. The revenues of this investment building will support the team to fund its various social and charitable activities that have