OAB, Injaz Oman host meet to sup­port Omani en­trepreneur­s

Muscat Daily - - CORPORATE NEWS -

In line with its cor­po­rate so­cial re­spon­si­bil­ity strat­egy, Oman Arab Bank (OAB) re­cently con­ducted a work­shop with Injaz Oman. The pre­sen­ta­tion held at Knowl­edge Oasis ex­plored why pric­ing was so im­por­tant, the dif­fer­ent pric­ing strate­gies, and busi­ness con­trol. The lec­ture was or­gan­ised as part of an Injaz Oman ini­tia­tive, with OAB act­ing as an in­dus­try ex­pert.

Injaz Oman is a non-profit or­gan­i­sa­tion which hosts a range of ed­u­ca­tional pro­grammes, tar­get­ing Oman’s youth to help them de­velop their en­tre­pre­neur­ial skills, em­power them and en­hance their fi­nan­cial knowl­edge and lead­er­ship abil­i­ties. The un­der­ly­ing aim of th­ese pro­grammes is to pre­pare the stu­dents for the labour mar­ket by pro­vid­ing them with skills and en­cour­age­ment, and thus, in the long-term aid­ing in the devel­op­ment of Oman’s econ­omy.

Com­ment­ing on the work­shop, Hi­lal al Siyabi, head of Cor­po­rate Com­mu­ni­ca­tion at OAB, said, “We are thrilled to be work­ing with Injaz Oman on this work­shop. At OAB, we un­der­stand the im­por­tance of de­vel­op­ing and di­ver­si­fy­ing not only our knowl­edge-based econ­omy but the coun­try’s econ­omy as a whole.”

Through­out the work­shop, stu­dents learned why pric­ing is so im­por­tant to their busi­ness and were ex­posed to pric­ing strate­gies, along with other rel­e­vant ar­eas to de­velop stu­dents’ busi­ness knowl­edge. The OAB lead sem­i­nar ex­posed stu­dents to real-life case stud­ies in Oman in or­der to give them prac­ti­cal knowl­edge that can be im­ple­mented in their own busi­nesses.

“We aim to ed­u­cate and in­spire the youth of Oman by com­bin­ing the­o­ret­i­cal learn­ing with real-life ap­pli­ca­tions to aid stu­dents with the devel­op­ment of their busi­nesses. By part­ner­ing with OAB, we give stu­dents the op­por­tu­nity to learn from to­day’s chal­lenges and pro­vide them the tools to de­velop their busi­ness and con­trib­ute to Oman’s econ­omy,” stated Az­zan al Bu­saidi, op­er­a­tions man­ager in Injaz Oman.

Oman Arab Bank has a rich and proud his­tory as one of the first fi­nan­cial in­sti­tu­tions to be es­tab­lished in the sul­tanate.

To­day, the bank op­er­ates a na­tion­wide net­work of 65 branches and rep­re­sen­ta­tive of­fices with 152 ATMs spread across Oman.

OAB pro­vides a com­plete range of fi­nan­cial prod­ucts and ser­vices for per­sonal bank­ing, cor­po­rate bank­ing and in­vest­ment clients.

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