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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

SMEDA, OCCI partner to help small businesses thrive

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The Small and Medium Enterprises Development Authority (SMEDA) and the Oman Chamber of Commerce and Industry (OCCI) have partnered to help small businesses in Oman thrive. The partnership will focus on providing SMEs with access to financing, training, and market opportunities.


The partnership was announced at a workshop held in Muscat on May 15, 2023. The workshop was attended by representatives from SMEDA, OCCI, and the Ministry of Commerce, Industry, and Investment Promotion.


Halima bint Rashid al Zariya, Chairperson of SMEDA
Halima bint Rashid al Zariya, Chairperson of SMEDA

Shaikh Faisal bin Abdullah al Rawas, Chairman of the Board of Directors of OCCI, commented: "This partnership is a major step forward for the SME sector in Oman. By working together, SMEDA and OCCI can provide SMEs with the support they need to grow and succeed."


Halima bint Rashid al Zariya (pictured), Chairperson of SMEDA: "We are excited to partner with OCCI to help small businesses in Oman thrive. This partnership will allow us to pool our resources and expertise to better serve the needs of SMEs."


The partnership between SMEDA and OCCI is a welcome development for the SME sector in Oman. The partnership has the potential to make a significant contribution to the growth of the SME sector, and to the overall economic development of the country.


The partnership will focus on the following areas:


• Financing: SMEDA and OCCI will work together to develop new financing products and programs for SMEs.


• Training: SMEDA and OCCI will work together to develop training programs for SMEs in a variety of areas, such as business management, marketing, and finance.


• Market opportunities: SMEDA and OCCI will work together to connect SMEs with potential customers and partners.


The partnership between SMEDA and OCCI is a positive development for the SME sector in Oman. It will provide SMEs with the resources they need to grow and succeed. Moreover, the partnership is also aligned with the government's vision to make Oman a knowledge-based economy.


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