(MENAFN- Muscat Daily) Oman Arab Bank recently sponsored the Oman Entrepreneurship Conference for Retail & SMEs organised by Oman International Trade and Exhibition Company at Grand Hayat- Muscat.
The Conference was inaugurated by Tariq bin Sulaiman al Farsi, chief executive officer of Al Rafd Fund. The conference was aimed at developing the Small and Medium Enterprises (SMEs) by focusing on the aspects of entrepreneurship franchise and retail. As it provided an ideal opportunity for learning and networking for the enterprises as well as for the businesspersons, and enabled them to explore the options on how to address the current conditions prevailing at their enterprises.
The conference highlighted the last views and updates concerning the entrepreneurship, franchise and support services, in addition to the issues relating to finance market access. Furthermore, it aimed at assisting the small and medium business owners in expanding their knowledge in terms of the different opportunities and challenges in this regard, as well as the handling of the issues related to marketing, finance and human resources.
This event provided an ideal platform to networking and attracting capitals and potential investments. OAB presence at this event was through the SME Business Banking Department, whereas Ghulam al Balushi said, ''At Oman Arab Bank we believe that Small and Medium Enterprises play a vital role in the growth of the national economy and, therefore we spare no effort in supporting such enterprises whether in terms of finance or even consultancy services as needed.
To this end, OAB has launched the product ‘TOMOUHY' that is designed specially to provide the necessary and appropriate finance for the small and medium enterprises. The bank provides a range of products and services in retail banking, corporate and project finance, investment banking, and trade finance. OAB has consistently earned one of the highest returns on equity for the last 25 years .<
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