To reap benefits of growing Pakistani financial market, Oman further injects Rs 330 million investments

Oman further invests Rs 330 million by inaugurating an office in Karachi

KARACHI: Sponsors of Pak-Oman Asset Management Company Limited (POAMCL) have injected further equity in the company in order to reap the benefits of growing financial market.

In line with its strategy to revitalize the company, his Excellency Yahya Bin Said Bin Abdullah Al-Jabri the Chairman of Pak Oman Asset Management Company Limited inaugurated company’s new office in Karachi. Sponsors of Pak Oman Asset Management Company Limited have recently injected further Rs330 million in the company.

Speaking on the occasion Chairman of POAMCL, a subsidiary of Pak Oman Investment Company, a joint venture company between Government of Pakistan and Sultanate of Oman said that Pakistan offers excellent opportunities for the investment in its financial sector. He said that the company is being re-launched with new logo as part of the on-going progression of our company’s brand and hopes that the new look of Pak Oman will attract the market.

He said that robust financial market conditions in Pakistan lead to the further investment in the company. The Chairman reiterated his commitment with the company and Pakistan and said that Oman and Pakistan will continue to work together for mutual economic benefits for the people of both the countries.

His Excellency Yahya Bin Said Bin Abdullah Al-Jabri, apart from serving as the Chairman of Duqm Special Economic Zone Authority of Oman, is also at the Board of Governance at the Central Bank of Oman, a Board member of the Oman Investment Fund, Chairman of Pak Oman Investment Company Limited, Chairman of Pak Oman Micro Finance Bank Limited, Chairman of Oman Airport Management Company and Chairman of the Capital Market Authority, Oman.

Source: Online

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