Press Releases

Muscat – June 2009: Oman’s leading investment house Ominvest (Oman International Development and Investment Company) has donated RO 100,000 to help provide humanitarian relief for Palestine as the country continues to suffer from the aftermath of recent Israeli aggression and continued economic sanctions.

Ominvest has previously given a number of donations to support causes in Palestine through its relationship with the Oman Charitable Organization. This latest donation is the largest single donation the company has given to date.

The cheque was handed over to the Oman Charitable Organisation by Ominvest Chief Executive Shariq Azhar who explained that the company was fully committed to granting some of its funds every year towards worthwhile causes throughout the Arab World.

Commenting on the donation Mr. Azhar said: “Ominvest has been a long-term supporter of humanitarian causes in Palestine our company intends to continue to do so. As a company we not only invest in commercial projects that contribute towards economic growth here in Oman and across the region, but we are also committed to using funds to support charitable and other causes where our donations can make a difference. .”

Mr. Ali bin Ibrahim Al Raisi, the Chief Executive of the Oman Charitable Organisation added: “We are delighted with the support that Ominvest has shown toward helping us in our work to bring humanitarian relief and aid to the people of Palestine. Ominvest has been a long-term supporter of our work and we value the partnership and continued commitment the company has shown in supporting our efforts.

Ominvest, a public joint stock company listed on the Muscat Stock Exchange, is one of Oman’s largest companies with a well diversified portfolio of investments in banking, financial services, commercial and industrial sectors of the economy.

For further information, please contact:
Kevin Hasler/Zahra Al Lawati
ZEENAH PR
Tel: 00 968 26 698 010