CBFS and Oman LNG De­vel­op­ment Foun­da­tion sign co­op­er­a­tion agree­ment

Oman Daily Observer - - BUSINESS - BUSI­NESS RE­PORTER MUS­CAT, JAN 13

The Col­lege of Bank­ing and Fi­nan­cial Stud­ies (CBFS) signed a co­op­er­a­tion agree­ment with Oman LNG De­vel­op­ment Foun­da­tion. The agree­ment was signed by Dr Nasser bin Rashid al Mawali, the Dean of the Col­lege and Khalid bin Ab­dul­lah bin Mo­hammed al Masn, CEO of the Oman LNG De­vel­op­ment Foun­da­tion.

The agree­ment aims to fi­nance a project for com­plet­ing the ex­pan­sion re­quire­ments of the col­lege’s new an­nex. The con­struc­tion of the new ex­pan­sion started in 2016 and the fi­nal project is ex­pected to be com­pleted and de­liv­ered in May 2019. The ex­pan­sion aims to in­crease the ca­pac­ity of CBFS stu­dents by the aca­demic year 2019/2020. This is in ac­cor­dance with the col­lege’s strate­gic plan to en­hance the com­mu­nity part­ner­ship to im­prove the na­tional econ­omy and to be fu­ture-ready as a higher ed­u­ca­tion in­sti­tu­tion.

Dr Nasser al Mawali, the Dean said: “This col­lab­o­ra­tion with Oman LNG De­vel­op­ment Foun­da­tion is part of the in­volve­ment of the out­side com­mu­nity in the con­tin­u­ous de­vel­op­ment of the Col­lege, which is re­flected in the de­vel­op­ment of the com­mu­nity. The new ex­pan­sion of the cur­rent an­nex, which was built ac­cord­ing to the lat­est mod­ern aca­demic fa­cil­i­ties, is an­other ini­tia­tive that is in­te­grated with the cur­rent build­ing of the col­lege. The Col­lege of Bank­ing and Fi­nan­cial Stud­ies is pi­o­neer­ing in its model in in­te­grat­ing its fa­cil­i­ties and ca­pac­ity build­ing en­ter­prises. This agree­ment is the be­gin­ning of fu­ture part­ner­ships be­tween the col­lege and the Oman LNG De­vel­op­ment Foun­da­tion.”

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