​Agreement on Signing a Cooperation Memorandum Between Both Parties

Written by: Yasser bin Salem Al Husseini

As part of the ongoing efforts by the Gulf Organization for Industrial Consulting (GOIC) to support various sectors within the Gulf Cooperation Council (GCC) countries, particularly in industrial development and supporting the private sector, H.E. Ahmed bin Mohammed Al-Mohammed, CEO of GOIC, received at his office a delegation from the senior management of Sohar International Bank from the Sultanate of Oman. The meeting took place on the morning of Wednesday, September 25.

During the meeting, the two sides discussed prospects for cooperation between the organization and Sohar International Bank, exploring ways to collaborate in supporting promising projects and investment opportunities that the bank can adopt. This would be achieved through leveraging feasibility studies and data exchange provided by the organization for industrial projects in the Sultanate of Oman.

Both parties agreed to translate these efforts into action by signing a joint cooperation memorandum between the Gulf Organization for Industrial Consulting and Sohar International Bank. This agreement will enable both sides to exchange information and benefit from investment opportunities and feasibility studies, recognizing the organization's continuous and ongoing support to various institutions within the GCC countries. This collaboration aims to strengthen the industrial sector, support economic development, and achieve industrial and economic cooperation and integration among GCC member states.