Riyada discusses enhancing partnership

MUSCAT: The Board of Directors of the Public Authority for SMEs Development (Riyada) on Tuesday held its 4th meeting for 2016 under the chairmanship of Dr Ali bin Masoud al Sunaidy, Chairman of the Riyada Board. The board reviewed the implemented decisions of the previous meeting. It also discussed several items listed on the agenda that included Riyada work plan for 2017, priorities of initiatives, future visions of Riyada for SMEs contribution in the national economy. The Board also viewed outcomes of the study on incubators and business centres in four governorates (Muscat, North Al Batinah, Dhofar and Al Buraimi), which will provide consultancy, mentoring and support to SMEs owners. The Board stressed the necessity to have timeframe, executive plan to achieve goals of the study. — ONA