Seminar on financing and development of SMEs in Oman

Discussions on promoting finance institutions that fund small and medium enterprises (SMEs) began at a meeting

The ‘Financing and Development of Small and Medium Enterprises’ seminar began at Crowne Plaza Muscat Hotel under the auspices of Dr. Ali bin Masoud Al Sunaidy, Minister of Commerce and Industry. 

The three-day seminar is being organised by the Oman Development Bank (ODB), in collaboration with the Association of National Development Finance Institutions (DFIs) in Member Countries of the Islamic Development Bank (IDB).

Sheikh Dr Abdul Aziz bin Mohammed Al Hinai, CEO of ODB stressed, in a speech that the seminar will discuss along with the theme of development finance all topics relevant to the SMEs, adding that the seminar will review the most successful experiences of countries that fall under IDB, as well to the role of development institutions in providing the SMEs with the necessary support and funding.

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