OAB, Injaz Oman host meet to support Omani entrepreneurs

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.