Sohar International signed a Memorandum of Understanding (MoU) with Dhofar Governorate to provide financial and strategic advisory services aimed at supporting investment projects and enhancing planning and financing efficiency across the governorate.
The agreement is part of a strategic partnership supporting economic and investment development in one of the Sultanate’s most prominent tourism and economic hubs. It aligns with Oman Vision 2040, which emphasizes building sector-wide partnerships to strengthen the national economic base.
Under the memorandum, Sohar International, through its Government Investment Advisory unit, will provide a suite of specialized advisory services, including strategic investment advisory, financial advisory, project financing, syndicated loan structuring, market studies, economic policy analysis, and business development advisory services.
Commenting on the partnership, Khalil Salim Al Hedaifi, Chief Government & Private Banking Officer at Sohar International, stated that, “This partnership with Dhofar Governorate extends a longstanding relationship built through collaboration across several initiatives and development-driven projects, most notably the strategic sponsorship of Dhofar Khareef 2026, one of the Sultanate’s leading tourism and economic events.”
“Guided by our commitment to supporting the objectives of Oman Vision 2040, we believe institutional partnerships play a vital role in advancing sustainable development, enhancing the efficiency of national projects, and enabling governorates to maximize their economic and tourism potential,” Al Hedaifi added.
According to the statement, the memorandum reflects the shared vision of Sohar International and Dhofar Governorate to enhance financial and investment planning frameworks that improve project quality, strengthen implementation readiness, and foster sustainable institutional partnerships aligned with local development goals and future growth ambitions.
