BankDhofar Inks OMR 30 Million Financing Pact with Oman Towers

BankDhofar and Oman Towers Company have recently signed a financing pact worth OMR 30 million, to finance the rollout of new telecom towers in the Sultanate over the coming years.

The agreement was mutually signed by Abdul Hakeem Omar Al Ojaili, CEO of BankDhofar, and Eng. Majid Amor Al Kharoosi, Managing Director at Oman Towers, in the presence of executive management members of both sides.

On signing the agreement, Abdul Hakeem Omar Al Ojaili, CEO of BankDhofar noted: “As one of the leading Banks in the Sultanate, we have aligned our strategy with Oman Vision 2040. Thus, we have capitalized on partnerships with various strategic sectors. Today, we are glad to sign this agreement with Oman Tower Company, which plays a crucial role in enhancing the telecommunications infrastructure in the Sultanate. The partnership will enable the company to build a world class infrastructure that will reflect in uplifting the quality of telecommunication services.”

Oman Tower Company provides various infrastructure solutions such as Greenfield towers, rooftops, in-building solutions and other innovative ideas for the 4th industry revolution. Moving ahead with the coming technologies like 5G, IOT and others, OTC is working with suppliers of street furniture to accommodate future antennas.

BankDhofar is one of the best banks in the region, catering to customers’ needs and requirements, and setting the standard for the best customer experience within the banking industry in the Sultanate through innovative products and creative solutions. Following best international banking practices, the provision of outstanding customer experience, in addition to its commitment to community development and contribution to the growth of the national economy, has placed BankDhofar at the top of the list of best banks in the region.

.rTable { display: table; width: 100%;} .rTableRow { display: table-row; } .rTableHeading { background-color: #ddd; display: table-header-group; } .rTableCell, .rTableHead { display: table-cell; padding: 3px 10px; border: 1px solid #999999; } .rTableHeading { display: table-header-group; background-color: #ddd; font-weight: bold; } .rTableFoot { display: table-footer-group; font-weight: bold; background-color: #ddd; } .rTableBody { display: table-row-group; } .rTable { display: table; width: 100%;} .rTableRow { display: table-row; } .rTableHeading { background-color: #ddd; display: table-header-group; } .rTableCell, .rTableHead { display: table-cell; padding: 3px 10px; border: 1px solid #999999; } .rTableHeading { display: table-header-group; background-color: #ddd; font-weight: bold; } .rTableFoot { display: table-footer-group; font-weight: bold; background-color: #ddd; } .rTableBody { display: table-row-group; }