Al Raffd Fund signs cooperation agreement with OIFC

MUSCAT: Al Raffd Fund on Thursday signed cooperation agreement with Oman Investment and Finance Company (OIFC) to provide subsidy to entrepreneurs who are eligible to receive finance from the Fund.
The agreement was signed by Tariq bin Sulaiman al Farsi, CEO of Al Raffd Fund and Said bin Ahmed Safrar, CEO of OIFC. The agreement included allocating 20 per cent of the company purchases and services for SMEs that are eligible to receive funding from Al Raffd Fund.
Tariq bin Sulaiman al Farsi, CEO of Al Raffd Fund, said that the agreement comes as part of the Fund’s efforts to support entrepreneurs and enhance cooperation with the public and private organisations in awarding part of the purchases and services to SMEs.
Said bin Ahmed Safrar, CEO of OIFC Company said that the agreement comes to serve the community and carry out its national duty by supporting entrepreneurs.
— ONA