Muscat: Two of ASYAD Group companies, Oman Post and Salalah Free Zone Company (SFZ), have signed a Memorandum of Understanding (MoU) to facilitate investment in the Sultanate’s logistics sector. The agreement will serve stakeholders and vendors of both companies. Oman Post will have an office based in the Free Zone and its services will be promoted to SFZ investors. An initial 100 post boxes will be provided for investors and vendors, and based on business needs, Oman Post will later provide a full team at SFZ’s Post Office branch to provide tailored services.

The agreement was signed by Abdulmalik Albalushi, Chief Executive Officer of Oman Post and Ali bin Mohammed Tabouk, Deputy CEO of Salalah Free Zone Company. The signing was also attended by Ahmed Akaak, ASYAD Group Chief Marketing Officer, and Badar Al Nadabi, Group Corporate Support Officer.

Abdulmalek Albalushi, Chief Executive Officer of Oman Post, said, “Our top priority is our customers and their evolving requirements. This MoU gives them easy access to Oman Post services, and enhances our network to serve the wider logistics sector. This service illustrates that we are delivering on our business excellence promise through collaboration with various sectors and, in this case, with one of our sister companies for the collective good of the Sultanate.”

Ali bin Mohammed Tabouk, Deputy CEO of Salalah Free Zone Company said, “This agreement will boost the speed and efficiency of business processes in Salalah Free Zone. Our aim is to provide integrated services with international standards and this MoU will help us achieve this. A tailor-made service such as this will help elevate SFZ’s investment environment. We hope more stakeholders will be attracted to the Free Zone in line with the Sultanate’s economic diversification plans, which will in turn create more jobs and business opportunities.”

Ahmed Akaak, ASYAD Group Chief Marketing Officer, said, “The cooperation between ASYAD Group companies is a testament to the collaborative efforts amongst the group to harness an integrated product proposition and provide customers with comprehensive and competitive logistics’ solutions. Such unique offerings position the Sultanate as an ideal hub for global investors and facilitate a more effective business environment.”

 The MoU will give Oman Post access to SFZ’s database of investors in order to promote its services and businesses. Meanwhile, Oman Post will carry out fast- track procedures to enable SFZ investors to obtain a P.O. Box and benefit from any post-related services. Oman Post will also provide a postal code number for SFZ.

-Ends-

For more information, please contact:
Sudipta Dasgupta
TRACCS
Telephone: +968 24 649-099
Mobile: +968 94558787
Email: sudipta.dasgupta@traccs.net 

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.