Tuesday, 21 June 2016

Bank Muscat's al Wathbah Ramadhan Souq gives boost to women entrepreneurs


Source: Bank Muscat website. Ramadhan greetings from Bank Muscat.
Source: Bank Muscat website.

Bank Muscat, the flagship financial services provider in the Sultanate and Riyada, the Public Authority for SME Development, have organisd the al Wathbah Ramadhan Souq, an exhibition showcasing products and services promoted by Omani women entrepreneurs, at the bank's head office in mid-June.

AbdulRazak Ali Issa, Chief Executive, Bank Muscat, inaugurated the annual exhibition which comes as part of Ramadhan Al Khair cultural and social events lined up by the bank during Ramadhan. In line with the bank’s Let’s Do More vision and values of partnership and accountability, the three-day souq is aimed at realising the dreams of women entrepreneurs. The exhibition promoted homemade products, including clothes, accessories, food items, home decorations and much more.

Fatma Al Maskiry, AGM – SME Credit and Marketing, Bank Muscat said: “In pursuance of the private sector role in the economic development of Oman, Bank Muscat, in association with Riyada, is proud to host the annual Ramadhan Souq in support of SME development in Oman. Bank Muscat has launched various initiatives to support and encourage women entrepreneurs at different stages of their business growth. This event particularly targets entrepreneurs that pursue home-based business activities. The bank from time to time organises and supports events with the aim of creating unique opportunities to market their products and become financially independent.”

Initiatives launched by the bank in support of women entrepreneurs also include workshops, advisory services and training through al Wathbah Academy programmes in Muscat, Sohar and Salalah. The al Wathbah Businesswomen’s Forum aims to facilitate the development of business relationships. Members enjoy benefits such as live accelerated networking events and workshops. The bank has also introduced the annual al Wathbah Businesswomen’s Awards.

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