03/04/2011 00:00 AST

BankMuscat recently organised an exclusive golf event at Muscat Hills for Korean corporates operating in Oman. The event was well attended by 40 representatives from 15 Korean companies.

Over the years, Korean companies have been contributing to the infrastructure development of the Sultanate with participation in various strategic projects in the engineering, construction, power, pipes, port and shipping sectors. The avid golf players included CEOs and senior officials from the Korean community in Oman who supported the event through their active participation in the tournament.

Jonghyun Choe, Ambassador of Korea to the Sultanate, who was the chief guest, commended BankMuscat on the initiative to forge stronger partnership with Korean companies in Oman. "This event will go a long way in enhancing co-operation in trade, commercial and banking sectors between Oman and Korea."

AbdulRazak Ali Issa, Chief Executive of BankMuscat, said: "Korea has emerged as a major partner to the Sultanate across various sectors of infrastructure and industry. BankMuscat, with a leading presence in Oman and coverage across the GCC, is well placed to partner with Korean companies for their trade and project specific needs. The golf event served as an important platform to promote bilateral dialogue and broaden our engagement with Korean corporates and its banking sector." Attractive prizes were awarded to winners across different categories.


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