Friday, 5 Mar 2021
Bank Muscat, the flagship financial services provider in the sultanate, in line with its vision ‘To serve you better, everyday’ and Riyada, the Public Authority for SME Development, joined hands to provide a major boost for women entrepreneurs at the annual Al Wathbah Ramadan Souq held at the bank’s head office from May 31 to June 2.

Al Wathbah Ramadan Souq evokes robust response

Abdul Razak Ali Issa, chief executive, inaugurated the 3-day exhibition in the presence of government officials and management team members.

Aimed at advertising tiny and medium enterprises (SMEs), Al Wathbah Ramadan Souq featured desirable goods promoted by more than 120 ladies entrepreneurs.

Giving wings to commence-up enterprise establishments, the exhibition showcased a wide variety of goods, such as designer apparel, accessories, meals things, house decorations and significantly much more at competitive rates.

A huge turn-out of guests enjoyed the distinctive buying encounter. Dr Ahmed bin Mohsin al Ghassani, CEO of Riyada, and Tariq bin Sulaiman al Farsi, CEO of Al Raffd Fund, visited the Al Wathbah Souq on the concluding day.

Issa stated, “Bank Muscat’s Al Wathbah, in association with Riyada, is proud to once again host the annual Al Wathbah Ramadan Souq in support of women entrepreneurs in Oman. The Ramadan Souq fulfills a critical need in creating avenues to successfully market SME products. In an environment where competition is becoming tougher, identifying and seizing opportunities is essential for Omani SMEs to survive and grow. Over the years, Bank Muscat’s Al Wathbah, in association with Riyada, has initiated several programmes to strengthen the SME foundation in Oman. The bank remains committed to supporting entrepreneurs in achieving their business dreams.”

Bank Muscat has launched different initiatives targeted at ladies entrepreneurs. The very first-of-its-sort Al Wathbah Businesswomen’s Forum is a networking initiative aimed at supplying guidance and aid to create the requisite abilities and attitude for leadership in enterprise. The forum serves as a platform to connect and register companies.

Al Wathbah Academy programme is a significant initiative benefitting entrepreneurs across Oman. The eight-month SME improvement programme performed by knowledgeable faculty and consultants leads to accredited international certification by the Project Management Institute (PMI). The extensive instruction programme at Al Wathbah Academy is reckoned a launching pad for commence-up enterprise initiatives by Omani youth.

Aimed at making a favourable atmosphere for SMEs in Oman, the bank’s Al Wathbah SME division provides a extensive suite of tailor-produced finance options and non-economic solutions. The primary objective of the bank’s SME technique is to play a function in empowering entrepreneurs.

Information Source: Muscat Daily

Check Also

Face masks out of stock in Muscat pharmacies

Pharmacies in 19 currently sweeping the world.