Muscat, An agreement was signed today to establish
Tawasul Charitable Organization in the Special Economic Zone
Authority in Duqm (SEZAD).
It aims to provide financial support and fund projects for the benefit
of local communities in the Special Economic Zone in Duqm (SEZD) in
particular and Al-Wusta Governorate in general to promote sustainable
economic and social development according to the areas of work
defined in its Articles of Association. These include entrepreneurship,
training, education for work, health, environment, and supporting
associations and sports clubs.
The agreement of “Tawasul Charitable Organization was signed by
officials of 8 companies, namely Duqm Refinery and Petrochemical
Industries Company, Oman Development Company for Economic Zone
of Duqm, (Tatweer), Oman Petroleum Development Company, Port of
Duqm Company, Oman Dry Dock Company, Oman Airports, Sebacic
Oman Company, and Nahdat Al Duqm Holding Group.
The signing ceremony was held in the presence of Sheikh
Mohammed bin Sa’ayid al-Kalbani, Minister of Social Development and
Yahya bin Saeed al-Jabri, SEZAD Chairman.
Sheikh al-Kalbani affirmed that the establishment of Tawasul
Charitable Organization is a qualitative step that enhances cooperation
between the local community in Duqm and the companies operating in
the zone, and expects this organization to have positive results for
companies and society in the near future.
In a press meeting according to the signing ceremony, he said that
the establishment of Tawasul Organization is a pioneering idea by the
companies operating in the zone and is a product of continuous efforts
by companies to serve the community and revitalize the economic
sector with precision and provide various services in the areas of
community support, training and marketing of products.
The establishment of the Charitable Organization is part of the
attention accorded by SEZAD and the companies operating in SEZD to
promote the concept and practices of social responsibility in SEZD.
On his turn, Yahya al- Jabri expressed his thanks and appreciation to
the companies that part of “Tawasul”. He explained that the new
organization will contribute to increasing awareness of social values
and unifying the efforts of community support instead of individual
The companies elected Dr. Rashid bin Ali al-Balushi, Board Member
of Tatweer, to be the Chairman of the Board of Directors of the Fund.
Nasehah bint Mohammed al-Falahia, General Manager of Duqm
Refinery Company was also elected as Deputy Chairman of the Board.
The objectives of the Foundation include providing charitable and
public benefits as stipulated in the areas of work specified in its Articles
of Association, paying attention to raising the standard of living of the
families of social security and low-income families in SEZD, spreading
and establishing social responsibility concept among businesses in
Al-Wusta Governorate. It also aims to raise the level of how businesses
in SEZD deal with social responsibility concept, promote and support
individual initiatives in social responsibility to consolidate it in the local
community by honoring leaders from different sectors, and urges
businesses in SEZD to develop its management strategy to reach
international quality standards in the area of social responsibility. It will
also support businesses in SEZD and motivate them to obtain
international quality certification in the field of social responsibility, as
well as support environmental initiatives and increase environmental
The Board of Directors comprises the executive heads of the
founding companies or their representatives. The Board appoints the
CEO of the Foundation to manage its affairs and is accountable to the
Board of Directors. The Board of Directors appoints members of the
Audit Committee at the first meeting of the Foundation for two years.
However, the Board of Directors is not obliged to accept any of the
names proposed by the Executive Management of the Foundation. The
Foundation’s Articles of Association stipulate the selection of the Board
of Trustees from the members of the Government representatives,
including two Walis, two members of the Shura Council, three
members of the society and the CEO of the Foundation.
The executive management headed by the CEO shall manage all
executive responsibilities of the Foundation in accordance with the
executive regulations and powers vested in the CEO by the founding
Source: Oman News Agency