Latest news with #TariqSulaimanAlFarsi
Zawya
25-05-2025
- Business
- Zawya
National Finance's corporate fixed deposits deliver stability and growth
Muscat: Dedicated to delivering reliable, growth-focused solutions to its corporate clientele – the Sultanate of Oman's leading finance company – National Finance's Corporate Fixed Deposits continue to offer a secure and structured investment instrument designed to meet the strategic financial requirements of corporate entities. This offering provides businesses with a valuable avenue for capital growth while maintaining financial agility. National Finance's Corporate Fixed Deposits provide an ideal solution for both short-term cash flow management and long-term financial strategies. With flexible tenure options ranging from 3 to 60 months, this high-yield investment is expertly tailored to meet the diverse needs of a broad spectrum of corporate entities, including SAOGs, SAOCs, LLCs, partnerships, trusts, pension funds, and government institutions. Commenting on the offering, Mr. Tariq Sulaiman Al Farsi, Chief Executive Officer of National Finance, stated, 'In today's dynamic financial landscape, the demand for stable, structured investment products has never been more critical. National Finance's Corporate Fixed Deposits provide corporates with a trusted platform to safeguard their capital while ensuring consistent returns. As the leading finance company in the nation, our scale, reputation, and commitment to service excellence uniquely position us to meet the evolving needs of our corporate customers. This offering further underscores our dedication to empowering businesses with the financial tools necessary to make informed decisions that promote long-term sustainability and resilience.' With a minimum investment of just OMR 5,000, National Finance's Corporate Fixed Deposits are both accessible and highly adaptable. Flexibility lies at the heart of the company's offerings, and this is reflected in the structure of its Corporate Fixed Deposits. To support tailored financial planning, corporates can choose from a variety of interest payout options—monthly, quarterly, semi-annually, annually, or at maturity—allowing alignment with specific cash flow needs. Backed by competitive interest rates and attractive returns, this offering provides strong value, making it a powerful tool for both capital preservation and income generation. National Finance continues to build on its strong legacy of trust, service excellence, and customer-centricity, reaffirming its position as a reliable financial partner for businesses across industries. Through innovative solutions such as Corporate Fixed Deposits, the company offers corporates effective opportunities for portfolio diversification—helping mitigate risk while enhancing return potential. This commitment to delivering strategic financial solutions not only supports businesses in achieving long-term stability and growth, but also contributes meaningfully to the broader economic development of the nation.
Zawya
21-04-2025
- Business
- Zawya
National Finance showcases commitment to national talent development at the 8th Annual OSHRM Conference
Muscat: In line with its commitment to sustainable human capital development and the advancement of national talent, National Finance, the Sultanate of Oman's leading finance company, played a prominent role in the 8th Annual Oman Society for Human Resource Management (OSHRM) Conference, organized by the Ministry of Labour, under the patronage of His Highness Sayyid Marwan bin Turki Al Said, Governor of Dhofar. Through its active engagement in both the conference and the accompanying exhibition, National Finance reaffirmed its dedication to empowering local talent, cultivating future-ready leadership, and contributing to the long-term development of the Omani workforce paving the way for sustained innovation and cross-sectoral progress. The 8th Annual OSHRM Conference, held under the theme 'Leadership in Open Space', brought together distinguished industry leaders and C-suite executives, offering a premier platform for the exchange of insights and forward-thinking dialogue on visionary leadership and sustainable human capital strategies in the country. A key focus of the event was the cultivation of psychologically safe and balanced work environments—empowering employees with the support needed to navigate professional challenges, foster continuous growth, and achieve a healthy work-life equilibrium. Commenting on the occasion, Mr. Tariq Sulaiman Al Farsi, Chief Executive Officer of National Finance, remarked: "We are honoured to take part in the prestigious 8th Annual OSHRM Conference, an important national platform that spotlighted the evolution of leadership and the future of human resource practices. At National Finance, we firmly believe in the transformative power of people and acknowledge the vital role that talent plays in driving organizational growth and long-term success. Events such as this are instrumental in fostering a culture of innovation, advancing the sustainable development of human capital, and reinforcing the principles of diversity and inclusion across the nation's professional landscape." National Finance's presence at the event, showcased through its dedicated kiosk, underscored the company's notable achievements in workforce management and operational excellence. Renowned for its commitment to being an Employer of Choice, National Finance has consistently cultivated a workplace culture that promotes professional development and personal growth. Through well-structured talent development strategies and clear pathways for career progression, the company remains steadfast in its mission to empower employees to realize their full potential. By equipping its workforce with the necessary knowledge, leadership skills, and growth opportunities, National Finance continues to drive high performance and foster a resilient workforce. It is noteworthy that National Finance remains deeply committed to the development of national talent, consistently maintaining an Omanisation rate exceeding 90% over the past three years. This achievement reflects the company's steadfast belief in nurturing local capabilities and driving sustainable capacity building. Looking ahead, National Finance continues to invest in cultivating a future-ready workforce, empowering young professionals to lead innovative initiatives that contribute to the nation's long-term economic growth and prosperity. Through its active participation in prestigious industry events, National Finance continues to position itself at the forefront of human capital development, setting benchmarks in workforce management and reaffirming its commitment to fostering a workplace culture where employees are empowered to grow, thrive, and contribute meaningfully to the country's progress.
Zawya
15-04-2025
- Business
- Zawya
National Finance signs strategic partnership with International Finance Corporation
Muscat: Reaffirming its resolute commitment to the country's sustainable development goals, National Finance, the Sultanate of Oman's leading finance company, has entered a landmark partnership with the International Finance Corporation (IFC), a member of the World Bank Group. This pivotal collaboration was formalized during a signing ceremony held on the World Bank Group Day in Muscat, Oman, marking the successful finalization of key agreements between the two institutions. This partnership underscores National Finance's growing role in driving the transition towards a greener economy, aligning with Oman Vision 2040. IFC's $120 million loan for sustainability projects will enable the company to expand its sustainable finance portfolio, with a focus on electric vehicle (EV) financing, green finance offerings, renewable energy projects. By embedding sustainability across its operations, National Finance continues to play a vital role in supporting the nation's broader environmental agenda, delivering impactful financial solutions that contribute to a low-carbon future. Speaking on the occasion, Mr. Tariq Sulaiman Al Farsi, Chief Executive Officer at National Finance said, 'This partnership with IFC is both a recognition and reinforcement of our sustainability journey. By joining forces with a world-renowned institution, we are accelerating the implementation of our green finance initiatives and creating long-term value for our stakeholders and the communities we serve. It is a significant step in our mission to foster sustainable economic progress in the Sultanate of Oman.' With this investment, IFC, as the largest global development institution focused on the private sector in emerging markets, aims to share its capital, expertise, and influence to advance sustainable finance in Oman. Momina Aijazuddin, IFC's Regional Head of Industry, added, "Small and medium enterprises may be modest in size, but their impact is profound. They are every economy's growth engine. With this in mind, this $120 million investment represents a significant milestone for Oman—our first in the country's non-bank financial sector in nearly two decades. Beyond enhancing the resilience of the financial market, this transaction aims to advance sustainability by empowering businesses to spearhead climate-related projects from the ground up." The partnership also validates National Finance's sustainability framework, which is geared towards contributing to sustainable economic growth, strengthening communities, and reducing environmental impact. These goals are driven through four strategic pillars—Environment, Social, Operations, and Governance—underpinned by initiatives such as the Green Campus Programme, and the introduction of green auto finance for EVs as well as solar energy and paper recycling bins. Further reinforcing its ESG architecture, National Finance has also established a dedicated Environmental and Social Management System (ESMS), which introduces a standardized procedure for ESG due diligence across all projects. The effective delivery of this strategy is supported by critical success factors, including robust policies, continuous capacity building, and proactive stakeholder engagement. Complementing these are efficient systems for ESG performance tracking and a strong focus on governance, accountability, and leadership to embed sustainability into every level of decision-making. Ensuring alignment across the organization is National Finance's cross-functional Sustainability Taskforce, which is overlooked by the Head of Sustainability and reports to the CEO. The Head, accountable for ESG matters, reports directly to the CEO, who, in turn, ensures Board-level oversight of all sustainability initiatives. This structure facilitates the seamless integration of ESG practices across departments. As the nation accelerates its pursuit of climate goals and economic diversification, National Finance's alliance with IFC embodies a forward-looking strategy—leveraging global expertise to deliver resilient financial solutions that meet evolving market needs and address critical environmental imperatives.
Trade Arabia
14-04-2025
- Business
- Trade Arabia
National Finance signs partnership with IFC to advance sustainable finance
National Finance, a leading finance company in Oman, has entered a partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to advance sustainable finance in Oman. This collaboration was formalised during a signing ceremony held on the World Bank Group Day in Muscat, Oman, marking the successful finalisation of key agreements between the two institutions. The partnership underscores National Finance's growing role in driving the transition towards a greener economy, aligning with Oman Vision 2040. IFC's $120 million loan for sustainability projects will enable the company to expand its sustainable finance portfolio, with a focus on electric vehicle (EV) financing, green finance offerings, renewable energy projects. By embedding sustainability across its operations, National Finance continues to play a vital role in supporting the nation's broader environmental agenda, delivering impactful financial solutions that contribute to a low-carbon future, the company said. Tariq Sulaiman Al Farsi, Chief Executive Officer at National Finance, said: 'This partnership with IFC is both a recognition and reinforcement of our sustainability journey. By joining forces with a world-renowned institution, we are accelerating the implementation of our green finance initiatives and creating long-term value for our stakeholders and the communities we serve. It is a significant step in our mission to foster sustainable economic progress in the Sultanate of Oman.' With this investment, IFC aims to share its capital, expertise, and influence to advance sustainable finance in Oman.
Zawya
09-03-2025
- Automotive
- Zawya
Own your dream car this ramadan with National Finance's instant auto financing
Muscat: Committed to delivering exceptional value to its diverse clientele, National Finance, the Sultanate of Oman's leading finance company, has introduced an exclusive Ramadan Auto Finance offering designed to enable customers to acquire their dream vehicles during Ramadan, with the added benefit of commencing repayments after Eid-Al-Fitr. This compelling offer boasts instant approvals within just 60 minutes, competitive interest rates, a two-month deferment on installment payments, and extended repayment tenures of up to 12 years. Applicable on the purchase of both New and Used Cars, National Finance's Ramadan Auto Finance offering underscores the company's dedication to delivering fast, seamless, and flexible financing solutions. This enables customers to efficiently handle their financial obligations while securing their dream vehicle immediately. Commenting on the offering, Tariq Sulaiman Al Farsi, Chief Executive Officer at National Finance, said, 'At National Finance, we are dedicated to maximizing the value we provide to our customers through offerings that include exceptional benefits. We aim to support our customers in enhancing their lifestyles while ensuring they can manage monthly payments with ease. Whether they are looking to upgrade to a more luxurious vehicle, or purchasing a new car for the first time, National Finance's Ramadan Auto Finance solution guarantees a smooth, affordable, and convenient path to ownership.' National Finance's Ramadan Auto Finance offering is thoughtfully crafted with the best interests of customers at its core. By submitting essential documents—such as a national ID or resident card, passport copies for expatriates, the latest salary certificate as proof of income, and a bank statement from the past three months—individuals can secure car finance in under 60 minutes. To further streamline the process and expedite approvals, National Finance has experienced representatives stationed at 10 key auto dealerships nationwide, offering direct assistance to customers during their purchasing experience. Additionally, with reduced installments extended over a 12-year period, customers are empowered to fully enjoy their purchase while benefiting from a comfortable and manageable repayment structure. This offering from National Finance underscores the company's commitment to redefining industry standards and delivering unparalleled value to customers, all while simplifying and streamlining the financing process. It presents an unmatched opportunity, enabling customers to reap significant benefits.
