Bank Muscat SME workshop begins today

SOHAR: Bank Muscat has organised a two-day workshop on Global Trade Finance targeted at the small and medium enterprise (SME) sector in Batinah region. The workshop begins today at Crowne Plaza Hotel, Sohar for women entrepreneurs, followed by another session for male counterparts tomorrow as part of initiatives by Al Wathbah, Bank Muscat’s SME department, aimed at expanding and strengthening avenues for SME development in Oman, says a press release.

Expert trainers will lead the workshop familiarising participants with the scope of widening their SME ventures beyond the national boundaries. Topics to be covered include introduction to various methods of trade finance, including import letter of credit, letter of guarantee loans against trust receipts, and other advances against local bills discounts, government supply bill discounting, export credit, etc. Bank Muscat regularly organises workshops and seminars to facilitate unique learning opportunities to address the challenges faced by entrepreneurs and thereby create an environment favourable for SMEs. MUSCAT: Muriya, Oman’s leading tourism development company, exhibited at this year’s International Tourism Bourse (ITB), which took place in Berlin from March 5 to 9, showcasing Jebel Sifah and Salalah Beach, the two largest Integrated Tourism Complexes (ITCs) in Oman.

Muriya was the first and only private company from Oman to participate and occupied a 23square-metre exhibition space opposite Oman Air and the Ministry of Tourism to promote the Sultanate, says a press release.

“Muriya is Oman’s largest developer of tourism assets and ITB Berlin provided us with a unique opportunity to showcase our flagship resorts and promote the destinations to business travellers and international tour operators, as well as offering a unique