Seminar to focus on financing small and medium enterprises

Muscat: The Arabian Women Media Services organisation will organise a seminar on financing Omani small and medium enterprises (SMEs), opportunities and challenges, on October 16, 2023, at the Oman Chamber of Commerce and Industry (OCCI).

The  seminar seeks  to raise awareness on the importance of entrepreneurship in the Sultanate, especially among young people.

Speakers from Councils and those responsible for financing SMEs in the government and the private sector in Oman will be hosted to shed light on developments in this aspect. Also the forum will discuss how to overcome the difficulties facing small companies and the Omani private sector in order to increase their contribution to the national economy in line with Oman Vision 2040.

Aziza Al Habsi,   Executive Director of the Arabian Women media and event  company,  confirmed that the seminar will address working papers on government financing support for SMEs and its role in enhancing the value addition of the economy.

The seminar will also discuss  the importance of financial support for SMEs in achieving sustainability and growth, in addition to the government’s financial support to the private sector in enhancing the gross domestic product (GDP) of the Sultanate.