Key players sign up for Meethaq Accelerate Oman SME portal services
MUSCAT: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, organised a ceremony to sign up two key players in the SME sector in Oman to avail services offered by Accelerate Oman SME portal. The SME Development Fund (Inma) and Al Raffd Fund signed memorandum of understanding with Thomson Reuters to utilise Meethaq’s Accelerate SME portal services.
The signing ceremony held at the bank’s head office was attended by key representatives from respective companies, including Sulaiman al Harthy, Deputy Chief Executive Officer — Meethaq Islamic Banking, Nadeem Najjar, Head of Middle East and Africa — Thomson Reuters, Shaikh Salah al Mawali, CEO of SME Development Fund (Inma), and Fahad Said al Harthy, AGM — e-services & Quality Assurance at Al Raffd Fund.
Sulaiman al Harthy said: “Aimed at supporting youth and promoting SME development, Meethaq is proud to welcome two more key players to avail Accelerate Oman SME portal services. As the pioneer of Islamic banking in Oman, Meethaq recognises the immense prospects and potential that Oman offers for SME development and is committed to supporting strategic development initiatives in line with Oman’s Vision 2040 economic blueprint.”
The SME Development Fund (Inma) was established in 2014 with the objective of developing entrepreneurship and financing small and medium enterprises in the Sultanate. Al Raffd Fund was established in 2013 as a financial organisation aimed to support, encourage and promote entrepreneurial growth among citizens of Oman.
The Accelerate Oman SME portal, developed in partnership by Meethaq and Thomson Reuters serves as a gateway for SMES in the Sultanate. The portal provides start-ups and SMES access to the most comprehensive source of business resources, services and funding solutions. The innovative portal is designed to help SMES achieve their business goals and thereby promote SME development in Oman. The primary objective of Accelerate Oman SME platform is to provide guidance and help for SMES to successfully navigate each stage of their business.