Ahli Bank recently participated in the Conference – ‘GCC in the Midst of Global Changes – responding to new economic order’. The conference was organized jointly by the Economic Research Forum and the College of Economics and Political Science at the Sultan Qaboos University. The conference convened around 70 researchers from the region and outside it; and lasted for two days.
Ahli Bank has aligned its expansion strategy and its corporate social responsibility efforts to contribute to the economic development of the country and is actively contributing to the diversification and the new economic vision Oman 2040. Since its inception, the Bank has constantly worked on enhancing its presence and has established several branches in Muscat and across the Sultanate.
The participation in this conference was in line with the agenda that discussed various critical issues and started with a keynote speech on Oman’s experience in diversification and the new economic vision Oman 2040. It also discussed the opportunities and challenges facing the GCC economics. Aligned with Ahli Bank’s service objectives and expansion strategy, it looked at how the GCC countries are adjusting to the low oil price environment, the role of oil in macroeconomic stability, the speed of fiscal adjustment, and the challenges of sustainability. It also discussed the role of Islamic Finance in terms of macroeconomic stability and Ahli Bank already has a well- established Islamic Banking division AhliIslamic.
Commenting on the participation, Abdullah Al Jabri - Deputy CEO – Support Services - from Ahli Bank said, “We always look forward to associate with conferences and events that serves as knowledge platforms and offers a global window for discussing various critical issues, new developments and creating networking opportunities. A socially conscious Bank, our aim is to complement the economic values and vision of His Majesty and work for the welfare of the nation, implement new banking methodologies while aligning with the global standards. We also believe in fostering our employees, keeping them abreast with the international financial and economic environment.”