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.
Category: SME Oman
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.
It is important for SMEs to benchmark themselves against their leading counterparts across the region. SMEs should always strive to upgrade the quality of services and products they offer, says Abdullah Al Jufaili, General Manager, Sharakah fund.
Taqi Ali Sultan, General Manager of Future Generations International of Towell group says entrepreneurs in SME sector need to dedicate fully for their cause and should focus on innovation. He adds that Towell group does not just distribute money but partners with SMEs to ensure success.
GroFin is a pioneering development financer specialised in financing and supporting small and growing businesses, leveraging patient capital and business support. Excerpts of the interview with Sami Al Hassan, General Manager of GroFin Oman. Could you give us a brief on GroFin? Established in 2000, GroFin is supported by 25 plus leading international investors, development […]
Zubair SEC offers their members an ecosystem of support that extends beyond the centre’s direct advisory, coaching, training, and acceleration services, to also offer a network of solid partners, says Lina Hussein, Head of Communications & Social Impact at Zubair SEC.