BankDho­far re­ceives Forbes Mid­dle East award

Muscat Daily - - CORPORATE NEWS -

Cel­e­brat­ing al­most three decades of a suc­cess­ful busi­ness jour­ney that has been trans­form­ing and shap­ing the fi­nance and bank­ing in­dus­try in the Sul­tanate of Oman, BankDho­far has re­ceived the ‘Most Suc­cess­ful Com­pa­nies in Oman Award’ by Forbes Mid­dle East.

The award was re­ceived by Hus­sain Ali Ibrahim al Lawati, act­ing chief re­tail bank­ing of­fi­cer at BankDho­far, dur­ing an event that was held re­cently at W Muscat ho­tel un­der the aus­pices of H E Talal bin Su­laiman al Rahbi, Deputy Sec­re­tary Gen­eral of the Supreme Coun­cil for Plan­ning, and was at­tended by top busi­ness lead­ers and in­vited of­fi­cials from pri­vate com­pa­nies and gov­ern­ment en­ti­ties.

Tak­ing Forbes Mid­dle East’s ex­clu­sive events style to Muscat for the first time, the award­ing cer­e­mony aimed at recog­nis­ing Oman’s most in­flu­en­tial busi­nesses that led the growth and the di­ver­si­fi­ca­tion of the sul­tanate’s econ­omy and pos­i­tively con­trib­uted to boost­ing the na­tional GDP by sup­port­ing other con­trib­u­tors in var­i­ous sec­tors.

The eval­u­a­tion cri­te­ria of the listed com­pa­nies were based on their fi­nan­cial state­ments and of­fi­cial dis­clo­sures by Muscat Se­cu­ri­ties Mar­ket, fo­cus­ing on el­e­ments like As­sets, Rev­enues, Prof­its and Mar­ket Cap.

Upon re­ceiv­ing the award, Lawati reaf­firmed the bank’s com­mit­ment to con­tin­u­ously boost its role as a key player in the Omani fi­nan­cial mar­ket and a main con­trib­u­tor to the growth and de­vel­op­ment of the na­tional econ­omy.

“Since the in­cep­tion of BankDho­far, we strongly be­lieved in mak­ing an im­pact. We worked in­ter­nally and ex­ter­nally to stand out and to add value in ev­ery­thing we do. De­spite the mar­ket chal­lenges and the fiercely com­pet­i­tive and dy­namic busi­ness en­vi­ron­ment in which we op­er­ate, we set our vi­sion clear and we laid out a solid roadmap to achieve our strate­gic goals and reach where we are to­day.

“I am very proud to see BankDho­far on top list of most in­flu­en­tial com­pa­nies in Oman, and I ap­pre­ci­ate the ef­forts by Forbes Mid­dle East which aimed at shed­ding light on the key mar­ket play­ers in the Omani econ­omy.”

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