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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Taageer recognised at 2018 AIWA awards

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AIWA celebrates top performing companies in Oman every year at is AIWA awards ceremony and Taageer Finance Company SAOG was recognised as one among the top 15 ranking companies for the performance during the year 2017. Taageer Finance Company SAOG was recognised as one among the 15 top rankings companies in 2018 AIWA awards, held at the ballroom in Sheraton on September 11, 2018.


The award was received by the Acting CEO V V Suresh Kumar and Senior Manager — Corporate Communications & CSR Mohammed bin Bader bin Hilal al Busaidy from Dr Rasheed bin al Safi al Huraibi, Chairman, of the Tender Board. AIWA celebrates top performing listed companies in Oman each year at is prestigious awards function. The function was attended by over 250 top business leaders, CEOs and senior government officials.


Taageer Finance Company SAOG registered a profit after tax of RO 4.703 million in 2017 as against RO 4.474 million in 2016 while the net leasing portfolio stood at 147.476 million. The EPS grew from 17.64 per cent in 2016 to 18.55 per cent in 2017.


Taageer has always provided support to small and medium enterprises (SMEs) by identifying potential business sources and strategies. This has served to stem the cash flow gaps which may be of concern to these businesses.


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