Sohar International heads to Hong Kong with Central Bank of Oman approval

Sohar International has received official approval from the Central Bank of Oman to open a representative office in Hong Kong, marking a new step in its international expansion and a strategic move to link Oman more directly with Asia’s leading financial markets.

This decision forms part of Sohar International’s long-term strategy to strengthen cross-border trade and investment—enhancing Oman’s position in the global financial network while making Asian markets more accessible to Omani businesses and economic stakeholders. The move aligns with the objectives of Oman Vision 2040 to diversify the economy and expand international partnerships.

Bank management highlighted that a presence in Hong Kong—one of the world’s foremost financial hubs—will enable stronger client support, smoother international transactions, and deeper cooperation with Asian financial institutions. This step follows the bank’s regional expansion, including the launch of its branch in Saudi Arabia.

The Hong Kong representative office is set to act as a bridge between Omani companies and global opportunities—facilitating information exchange, building financial partnerships, and attracting international investor interest in Oman’s economic potential.