UBL and Omani firm mark 30 years of association

December 17, 2013 - 7:31:33 am

UBL President Atif R Bokhari presenting a plaque to Chairman of OUECL and OHI Group of Companies and United Bank Limited, Maqbool bin Hameed Al Saleh.

DOHA: This year marks the completion of three decades of association between Maqbool bin Hameed Al Saleh, Chairman OUECL and  OHI Group of Companies and  United Bank Limited, in the ongoing partnership at Oman United Exchange Company.

In appreciation of this association, UBL President Atif R Bokhari, presented a plaque to Al Saleh, at the latest Shareholders Meeting of OUECL in Dubai.

“I thank Maqbool bin Hameed Al Saleh for his leadership, vision and support in guiding OUECL in its journey,” Bokhari said. He also said that he greatly values UBL’s association and strategic alliance with Maqbool bin Hameed Al Saleh and Mohammad Al Zubair, Chairman Zubair Group of Companies

Head of International UBL, Wajahat Husain, said: “This association has stood the test of times, and has developed into a unique bond in terms of corporate governance”.

The journey with OUECL began when in 1983, UBL became a shareholder in the company along with Maqbool bin Hameed bin Saleh and Mohammad Al Zubair. Along with the stake, UBL was also awarded a management contract to run the company.

OUECL has evolved into a trusted name in foreign exchange and money transfer services in Oman.

Starting operations from a branch at Ruwi Muscat, on May 1, 1983, OUECL recently enlarged its footprint, growing to seven branches with plans to open more to enhance its geographical reach. The Peninsula

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