Bank Muscat, Riyada to host Ramadhan Souq

MUSCAT: Bank Muscat, the flagship financial services provider in the Sultanate, in line with its vision ‘To serve you better, everyday’ and Riyada, the Public Authority for SME Development, have joined hands to organise the annual al Wathbah Ramadhan Souq at the bank’s head office from May 31 to June 2.

Aimed at promoting small and medium enterprises (SMES), the Ramadhan Souq will feature attractive products promoted by over 120 women entrepreneurs.

Giving wings to start-up business establishments, the 3-day exhibition will showcase a wide range of products, including designer apparel, accessories, food items, home decorations and much more at competitive prices.

Offering a unique shopping experience to visitors, the souq will be open from 8:30 pm to 12:00 pm.

The Ramadhan Souq fulfils a critical need in creating avenues to successfully market SME products.

In an environment where competition is becoming tougher, identifying and seizing opportunities is essential for Omani SMES to survive and grow. Over the years, Bank Muscat, in association with Riyada, has been organising Ramadhan Souq as part of initiatives aimed at strengthening the SME foundation in Oman. Bank Muscat has launched various initiatives targeted at women entrepreneurs.

Al Wathbah Businesswomen’s Forum is a first-of-its-kind networking initiative to provide guidance and help to develop the requisite attitude, skills and abilities for leadership in business.

The forum is also a platform for women entrepreneurs to connect and register their businesses.

The forum plays an important role in empowering Omani businesswomen. The bank has launched al Wathbah Academy programmes to benefit entrepreneurs across Oman.

Experienced faculty and consultants conduct the 8-months al Wathbah Academy programme on SME development, leading to accredited international certification by Project Management Institute .