Sohar International has signed a strategic partnership with ewpartners to enhance cross-border financial cooperation and facilitate investment flows, trade finance, and industrial project development across Oman, the wider GCC region, and Asia.
The agreement was signed at Sohar International’s headquarters in Muscat and aims to leverage ewpartners’ Asia–GCC investment network alongside Sohar International’s banking capabilities and regional market expertise.
The partnership is intended to support increasing demand for integrated financial solutions for Asian companies expanding into Gulf markets, as well as GCC-based entities engaging in Asia-linked investments.
The collaboration builds on ewpartners’ growing presence in Oman, including the establishment of its Muscat office to serve as a regional platform for cross-border investment, industrial cooperation, and Asia–GCC business activity.
It also follows existing investment exposure in Oman, including a $150 million commitment from OIA and participation in the United Solar Polysilicon project within a $1.6 billion industrial development in Sohar.
Abdulwahid Mohamed Al Murshidi, Chief Executive Officer of Sohar International, stated that, “We are pleased to enter into this strategic partnership with ewpartners. This cooperation reflects our shared ambition to strengthen financial connectivity between Oman, the wider GCC, and Asia. By working together, we aim to support companies, industrial projects, trade flows, and cross-border investment opportunities while reinforcing Oman’s role as a regional platform for financial and business connectivity.”
Jerry Li Founder, Managing Partner ewpartners
“Our partnership with Sohar International Bank strengthens ewpartners’ local financial cooperation platform in Oman. By combining Sohar International Bank’s banking capabilities with ewpartners’ Asia-GCC investment network, we aim to support portfolio companies, ecosystem partners, and industrial projects while enabling deeper participation by Oman’s financial ecosystem in Asia-GCC business flows.”
The partnership will focus on corporate financing, project financing, trade finance, private credit, structured financing, and broader banking connectivity between Asia and the GCC.
It will also explore opportunities in logistics, industrial assets, and income-generating real estate. A joint committee will be established to evaluate and develop future initiatives under the framework.
The collaboration is expected to generate approximately $1 billion in potential financial cooperation and market opportunities over time.