Tuesday, 12 Nov 2019 | 15 Rabi Al Awwal 1441
OAB supports World Exchange Congress

OAB supports World Exchange Congress

The occasion was organised by Terrapin in partnership with Muscat Securities Market (MSM) and took location at the Shangri-La Barr al Jissah Resort and Spa. As a single of the world’s biggest monetary gatherings, the Congress brought with each other the planet leading investment funds and stock exchanges, in addition to a number of other crucial stakeholders.

Rashad al Musafir, acting CEO of Oman Arab Bank, stated, “Sponsoring the World Exchange Congress, which was hosted by MSM, reinforces our strong belief in the necessity of the constant collaboration between the government and private sector. Nowhere is this more evident than in the securities industry. In fact, we are delighted with the knowledge we gained from our participation in such an important forum, one that helped us network and interact with some of the leading experts of the stocks world. Furthermore, a forum such as this is essential in helping boost the profile of the sultanate on the global financial stage, as well as presenting Muscat, together with its various investment opportunities, as an appropriate and qualified destination to host important international events. As such, we are extremely proud to sponsor this forum and look forward to do so again for any similar events in the future.”

The opening ceremony of the World Exchange Congress was held beneath the patronage of H E Dr Ali bin Masoud bin Ali al Sunaidy, Minister of Commerce and Industry. The two-day ceremony also saw the attendance of a quantity of ministers, beneath-securities and officials of different securities markets, investment funds and investment businesses from about the planet.

This international forum brought with each other more than 250 specialists, specialists and monetary choice makers from 60 various nations. Also present at the occasion have been 40 speakers from about the planet who presented papers on a number of various subjects such as investment possibilities accessible in the region’s markets, revolutionary techniques to increase the securities business, the most current technologies utilized in stocks exchanges, the technologies employed in analysing information and its function in enhancing investment atmosphere and attracting investors, amongst other people.

The function of securities markets in encouraging innovation and supporting future financial development, the worldwide trend towards Islamic investment tools and monetary derivatives beneficial in supporting emerging markets have been also investigated.
Oman Arab Bank is a single of the initial banks to be established in Oman, with a wealthy and proud history.

Today, the bank operates a nationwide network of 65 branches and representative offices across and 148 ATMs spread across the sultanate. OAB offers the total variety of monetary items and solutions for private banking, corporate and investment clientele.

Information Source: Muscat Daily

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