Vision has traditionally supported the small and medium enterprises sector by spreading its portfolio in a way as to include small traders, small manufacturers, service providers and fresh startups not only as an insurer but also as an investment advisor and a risk manager.
Category: Special Reports
Telecom Oman (TeO), the latest name in the telecommunications industry holds multiple telecommunication licenses issued by TRA. Apart from offering advanced telecommunication services, they also aim to build a sustainable technology start-up eco-system. Excerpts of the interview with Gurkan Ozturk, Chief Executive Officer of TeO.
While change is always good, it’s not easy to move from the familiar, safe and normal into a totally different realm. Zuwaina Sultan Al Rashdi, CEO of Dar al Herfya, World of Handicrafts talks about what it takes to get off the beaten track and venture into an unfamiliar territory!
National Business Centre (NBC) plays a key role in promoting entrepreneurship among Omani youth. The different activities carried out by NBC include advisory services, consulting, training and market development. Malak Ahmed Al Shaibani, Director General of NBC explains the activities of NBC and her views on SME sector.
Oman needs to develop a mature venture capital market and set up manufacturing and technology hubs for expediting the growth of small and medium enterprises (SMEs). The country also needs to create an atmosphere that encourages creativity, says Aftab Patel, CEO of Al Omaniya Financial Services.
Khalid Ansari, Partner in Charge, KPMG Oman who has a deep knowledge on the SME sector in Oman says that to become competitive, SMEs in Oman need to be cost and market focused.
SMEs can provide vital support to the economy and can help provide diversified economic growth and employment opportunities, says Bikram S Rishi, CEO, Muscat Finance.