Sharakah signs MoU with Majan Academy to provide shariah-compliant financing

Muscat: Sharakah, Oman’s leading SME development company, has signed a Memorandum of Understanding (MoU) with Majan Academy (Majan Education SPC), a professional training and consulting institution specialising in vocational education, corporate training, and professional development. The partnership aims to support the growth of the education and training sector while enabling Majan Academy to deliver key […]

Sharakah partners with Value Experts to enhance financial advisory and funding support for SMEs

Muscat: Sharakah, Oman’s leading SME development company, has signed a Memorandum of Understanding (MoU) with Value Experts LLC, a professional valuation and advisory firm operating across Oman and the GCC. The partnership aims to enhance access to structured financial advisory and funding support for small and medium enterprises (SMEs) seeking financing solutions.   The MoU […]

National Finance and Sharakah mark success of the 2025 SME Growth Programme Graduates

Muscat: National Finance and Sharakah celebrated the achievements of eight promising Omani enterprises as they graduated from the SME Growth Programme 2025, marking a significant milestone in the fourth edition of this flagship initiative. Delivered under the umbrella of National Finance’s “Imtidad” corporate social responsibility arm, the programme reflects both organisations’ commitment to empowering high-potential […]

National Finance and Sharakah celebrate 10 years with fifth cycle of SME growth initiative

Muscat: Renewing their shared vision for sustainable enterprise growth and marking 10 years of strategic partnership, National Finance Company SAOG and Sharakah have once again joined forces under the SME Growth Programme, operating within the umbrella of the National Finance CSR Programme ‘Imtidad’ 2026, to empower Oman’s small and medium enterprises and young entrepreneurs. This […]

ALIZZ ISLAMIC BANK IN COLLABORATION WITH SHARAKAH TRANSFORMS 8 OMANI SMALL AND MEDIUM ENTERPRISES

Under the umbrella of the ‘Alizz Cares’ Programme and as part of the banks ongoing commitment to enhancing and supporting small and medium enterprises (SMEs) in Oman, Alizz Islamic Bank, in collaboration with Sharakah, Oman’s leading SME development company celebrated the transformation and performance of the eight SMEs from the ‘Alizz Business SMEs Development Programme’. […]

Sharakah showcases Omani SME success at 21st INSME Annual Meeting

Muscat:  Sharakah, Oman’s leading SME development company, participated in the 21st INSME Annual Meeting, held recently at the European Union Intellectual Property Office (EUIPO) headquarters in Alicante, Spain. The annual meeting, organised by the International Network for Small and Medium-sized Enterprises (INSME) in collaboration with EUIPO, focused on the theme ‘Protecting and valuing SMEs’ intangible […]

Sharakah and ESTRLab sign MoU to support innovation and SME growth in Oman

Muscat: Sharakah, Oman’s leading SME development company, has signed a Memorandum of Understanding (MoU) with ESTRLab LLC (Engineering Solutions and Technology Research Lab), a specialist research and development company dedicated to delivering innovative engineering, electronics, and digital technology solutions. The partnership aims to strengthen the growth of technology-based small and medium enterprises (SMEs) and foster […]

Sharakah wins SMEs Development Initiative Award at Jawa’iz Basma 2025

Muscat: Sharakah, Oman’s leading SME development company, has been honoured with the SMEs Development Initiative Award at the prestigious Jawa’iz Basma 2025 ceremony, held at St. Regis Al Mouj Muscat. Sharakah’s CEO, Ali Ahmed Muqaibal, received the award during the ceremony.   The award recognises Sharakah’s sustained contributions to the growth of Oman’s small and […]

Sharakah showcases SME finance and advisory solutions at COMEX 2025, featuring “The Way to Unicorn” presentation

Muscat, September 2025 – Sharakah, Oman’s leading SME development company, successfully participated in the 34th edition of COMEX, the Sultanate’s flagship technology, and digital transformation exhibition. Throughout the exhibition, Sharakah engaged with SMEs and startups  from diverse industries—most notably technology and SaS —highlighting its financial and advisory solutions designed to support their growth and sustainability. […]

Sharakah and MB Foundation announce the signing of an agreement to launch “Usrati” program for supporting Omani productive families.

Muscat: Sharakah, Oman’s leading SME development company, and MB Foundation, the Charity and CSR arm of MB Group, recently signed an agreement to launch the “Usrati” programme, an initiative Which aims to support and develop projects of Omani productive families.   The agreement was formally signed by Ali Ahmed Muqaibal, Chief Executive Officer of Sharakah, […]

Women entrepreneurs graduate from Sharakah and Sohar International empowerment programme

The “Sohar International Women SMEs Development Program,” a joint collaboration between Sharakah, Oman’s leading SME development company and Sohar International, concluded with a heartfelt graduation ceremony recently. Ten aspiring women entrepreneurs, drawn from across the Sultanate, received their certificates of completion during a ceremony that highlighted their dedication and the tangible skills they have acquired. […]

New partnership aims to empower Omani entrepreneurs and boost tourism sector

In a step that reinforces national efforts towards economic diversification and entrepreneurship, Sharakah, Oman’s premier SME development firm, and Oman Tourism Development Company (OMRAN) have signed a Memorandum of Understanding (MoU) to support the growth of small and medium enterprises (SMEs) across the Sultanate. The agreement reflects a shared commitment to nurturing a thriving SME […]

Sharakah and OG Holding Unite to Empower Gulf SMEs Through Innovation and Market Expansion

Muscat: Sharakah, Oman’s premier SME development firm, has signed a strategic partnership with Kuwait-based One Global Holding (OGH), marking a major step forward in advancing entrepreneurship and innovation across the Gulf region.   The memorandum of understanding (MoU), signed recently at the OGH headquarters in Kuwait, establishes a collaborative framework aimed at supporting small and […]

Sharakah and JEDCO host strategic webinar to strengthen trade ties Between Oman and Jordan

Muscat: In a significant step towards enhancing economic cooperation, Sharakah, Oman’s leading SME development company and the Jordan Enterprise Development Corporation (JEDCO) jointly hosted a specialised webinar titled “Strengthening Trade Relations between Oman and Jordan”. Conducted via Zoom video conferencing, the event attracted a wide array of participants, including entrepreneurs, SME owners, and representatives from […]

Sharakah and AMTA Engineering forge partnership to enhance SME growth in Renewable Energy

Muscat: Sharakah, Oman’s premier SME development firm has entered into a Memorandum of Understanding (MoU) with AMTA Engineering LLC, a fully Omani-owned company to offer bill discounting solutions. The MoU, signed by Abdullah Al Jassasi, CEO of AMTA Engineering LLC, and Dinkar Kishor, Sharakah’s General Manager, establishes a collaborative partnership aimed at supporting the growth […]

Sharakah and EO Oman sign MoU to empower local entrepreneurs

Sharakah, Oman’s premier SME development firm has as signed a Memorandum of Understanding (MoU) with Entrepreneurs’ Organisation (EO) Oman, a local chapter of the global business network dedicated to enabling business owners to learn from each other and achieve greater business success. This collaboration aims to enhance SME development in Oman by leveraging the strengths […]

“Sharakah” and “PhazeRo” sign an agreement that extends tailored financial solutions

Sharakah, Oman’s premier SME development firm recently announced a collaboration with PhazeRo, an AI and data science consultancy, to offer bill discounting solutions. The agreement, signed by Masoud Al Rawahi, founder and executive director of PhazeRo, and Ali Ahmed Muqaibal, CEO of Sharakah. PhazeRo provides Data Science, AI and Software Engineering services that generate alpha […]

Sharakah partners with Mubashir to boost SME innovation and growth

Sharakah, Oman’s leading SME development company has signed a Memorandum of Understanding (MoU) with Mubashir, a pioneer in digital out-of-home advertising and smart retail technology. This strategic alliance was formalised at COMEX 2024, held recently at the Oman Convention and Exhibition Centre. The signing ceremony took place at the Mubashir booth, with Ali Ahmed Muqaibal, […]

Sharakah signs MoC with be’ah to support Eco-Innovate Oman startups

Sharakah, Oman’s premier SME development firm, has signed a Memorandum of Collaboration (MoC) with Oman Environmental Services Holding Company (be’ah). This agreement aims to establish a collaborative framework to streamline the funding process for startups within be’ah’s SME accelerator, Eco-Innovate Oman (EiO). The MoC was signed between Umaima Al Ghidani, Investment Manager of Sharakah, and […]

Sharakah partners with National Finance offers an In-Depth Program Teaches Key Business Essentials

Muscat: Sharakah, Oman’s premier SME development successfully hosted a two-day event named Zaad Al Ruwaad at the Crowne Plaza – Muscat located at the Oman Convention and Exhibition Centre. This initiative, a collaborative effort with National Finance Company, assembled a wide range of participants including entrepreneurs, academicians, and business enthusiasts. This distinctive workshop provided a […]

Decoding IT Solutions receives customised investment solution from Sharakah

Muscat: Oman’s leading SME development company, Sharakah, recently entered an agreement with Decoding IT Solutions LLC, to offer bill discounting solutions. This agreement was signed by Faiza Ahmed Al Zeidi, Founder of Decoding IT Solutions LLC, and Umaima Al Ghadani, Investment Manager at Sharakah. Sharakah’s bill discounting scheme is a unique instrument, addressing the short-term […]

Sharakah signs an agreement with Eltizam to offer Sharia-compliant solutions for SMEs in Oman

Muscat:Sharakah, Oman’s premier SME development firm has announced a collaborationwith Eltizam Financial Sharia Consultancy Company, a specialist in Islamic productsolutions. This collaboration aims to ensure that Sharakah’s offerings are Sharia compliant, marking a strategic step towards catering to the growing demand for Sharia-compliant solutions and products among SMEs. The agreement, signed by Ali Ahmed Muqaibal, […]

Sharakah Ventures: Impact and Innovation

About Sharakah Ventures: Is an impact driven financial solution created to invest in startups and innovators in the pre seed and seed stage in Oman’s ecosystem.   Purpose: Is to drive significant impact through strategic financial investments, incubation, capacity building, and fostering a robust entrepreneurial culture. Also to offer investors a platform to invest in […]

Sharakah and OPAL collaborate to enhance economic, environmental, and social development in Oman

Muscat:Sharakah, Oman’s leading SME development firm, recently signed a Memorandum of Understanding (MOU) with the Oman Energy Association (OPAL), a non-profit organisation dedicated to the energy and minerals sector. This partnership aims to support the development of youth projects in Oman, emphasizing the significance of nurturing business growth for a more substantial impact. The agreement […]

Sharakah and Jordan Enterprise Development Corporationunite to Enhance SME Development

Muscat: Oman’s premier SME development firm, Sharakah, has recently formed a partnership with the Jordan Enterprise Development Corporation, cementing their collaboration with a Memorandum of Understanding (MOU). The agreement was signed by AliMuqaibal, CEO of Sharakah, and Abdulfattah Al-Kayed, CEO of Jordan Enterprise Development Corporation. The Jordan Enterprise Development Corporationis a government institution tasked with […]

Sharakah supports SME Ideal Partner with customised financial services

Oman’s leading SME development company, Sharakah, has recently announced a collaboration with IT solutions company Ideal Partner to offer services including bill discounting solutions and term loan series through a Memorandum of Understanding (MOU). The agreement, signed by Reem Al Ghadani, Founder of Ideal Partner, and Ali Ahmed Muqaibal, CEO of Sharakah, establishes a comprehensive […]

Sharakah joins forces with Al Rahma to champion sustainability in Oman

Muscat: Sharakah, Oman’s leading SME development company, has initiated a partnership with Al Rahma Association, a charitable organization, by contributing its surplus marketing materials. This eco-conscious gesture includes the donation of a variety of items such as A4 bags, A4, A3, and DL envelopes, notepads, and sunshades. This collaboration is a reflection of Sharakah’s commitment […]

Imtidadprogramme graduates honoured by National Finance and Sharakah

Imtidadprogramme graduates honoured by National Finance and Sharakah

Muscat: National Finance and Sharakah came together to honour the achievements of graduates from the Imtidad programme at graduation ceremony held recently. This initiative marks a key collaboration between National Finance, Sultanate’s leading finance company and Sharakah, Sultanate of Oman’s leading SME development company. The programme is a cornerstone of their joint efforts to stimulate […]

Sharakah provides term loan to Oman Speedy International for engine re-manufacturing venture

Muscat: In a move to further bolster small and medium-sized enterprises (SMEs) in Oman, Sharakah, the nation’s leading SME development company, has recently entered into a pivotal agreement with Oman Speedy International LLC. This agreement marks a milestone, providing a term loan to Oman Speedy International for establishing a new division focused on engine re-manufacturing, […]

National Finance Solidifies Partnership with Sharakah, EmpoweringSMEs through “Imtidad” programme and continuing its support to Youth & High Intellectual Capabilities

Muscat: In continuation of its efforts to empower youth and creative energies, National Finance – the Sultanate of Oman’s leading finance company – confirms the success of its partnership with Sharakah for several years, highlighting the empowerment and support of local projects and the development of the entrepreneurial spirit among ambitious youth through its Corporate […]

Sharakah amplifies SME growth in Oman’s evolving industrial landscape

Oman has long been on a transformative journey to revolutionise its manufacturing sector, driving innovation and significant economic growth. Understanding the importance of manufacturing for job creation, productivity, and cross-sector expansion, the Sultanate is actively advancing strategic initiatives to speed up the growth of this crucial industry. Recently in a significant push forward, the Ministry […]

Sharakah’s real-world business simulation workshop Zaad Al Ruwaad receives great response

Muscat: Offering an invaluable simulation of real-world business scenarios Sharakah, Oman’s leading SME development company, recently organised a two-day workshop entitled “Zaad Al Ruwaad” at the Crowne Plaza – Muscat located at the Oman Convention and Exhibition Centre. Hosted in collaboration with National Finance Company, the event attracted a diverse audience comprised of entrepreneurs, students, […]

Sharakah celebrates 25 years anniversary with fresh brand uplift and strategic pivot or Sharakah’s brand uplift signifies new strategic focus on 25th anniversary

Muscat: Oman’s leading SME development company, Sharakah, has unveiled an uplifted visuala new brand identity through a significant brand uplift as part of its transformation journey. This change aims not only to rejuvenate the company’s image but also to signify ameliorate in its strategic focus as Sharakah ventures into new impactful and sustainable sectors, including […]

Sharakah’s unwavering support paves the way for Salma’s La Chinata success story

Sharakah’s unwavering support paves the way for Salma’s La Chinata success story

Muscat: For many small and medium-sized enterprises (SMEs), franchising presents an ideal business model, with its inherent support systems often being a cornerstone to its success. Ms. Salma Saif Al-Sulimani, a motivated businesswoman, stood at the crossroads of such a venture. Drawn to the appeal of the renowned Spanish brand, La Chinata, she faced the […]

Sharakah explores AI’s role in SMEs at 19th INSME Conference in Berlin

Muscat: Oman’s top SME development company, Sharakah, recently took part in the 19th INSME annual meeting in Berlin, Germany. The event delved into the relationship between small and medium-sized enterprises (SMEs) and artificial intelligence (AI). Deliberations at the meet focused on the benefits of AI adoption for businesses and employees and shed light on the […]

Sharakah empowers Musandam entrepreneurs with “Calculate it Right” Workshop

Muscat: As part of its entrepreneurship development initiative, Sharakah recently organised yet another “Calculate it Right” workshop at the Atana hotel in Musandam. The workshop which had a clear focus on the importance of skill development and entrepreneurship drew participation from successful entrepreneurs from in and around the Musandam governorate. Senior undergraduate students specialising in […]

Sharakah’s unwavering support paves the way for Salma’s La Chinata success story

Muscat: For many small and medium-sized enterprises (SMEs), franchising presents an ideal business model, with its inherent support systems often being a cornerstone to its success. Ms. Salma Saif Al-Sulimani, a motivated businesswoman, stood at the crossroads of such a venture. Drawn to the appeal of the renowned Spanish brand, La Chinata, she faced the […]

Sharakah’s forward vision: Expanding services, impact, and outreach

Muscat: Embracing a future teeming with possibilities, Oman’s premier SME development company Sharakah is unwavering in its commitment to extend its influence, broaden its service horizon, and further empower businesses to impact the community. For a remarkable span of 25 years, Sharakah has held a pivotal role in the SME development arena, incessantly evolving to […]

Sharakah inspires emerging entrepreneurs through ‘Calculate it Right’ workshop in Salalah

Muscat: The “Calculate it Right” workshop, hosted recently by Sharakah at Salalah garnered a tremendous and enthusiastic response from its attendees. The event was held at the Salalah Gardens Hotel and drew a diverse array of participants. It was attended bythriving entrepreneurs from the Dhofar governorate, as well as senior undergraduate students specialising in finance, […]

Sharakah signs Memorandum of Collaboration agreement with PDO or Sharakah signs collaboration agreement with PDO Or Sharakah and PDO collaborate to empower SMEs and unlock diverse business opportunities in Oman Or Sharakah and Petroleum Development OmanPDO collaborate to enhanceentrepreneurial ecosystem in Oman

Sharakah signs Memorandum of Collaboration agreement with PDO

Muscat: In pursuit of establishing a conducive ecosystem for SMEs to thrive through various business opportunities, Sharakah, Oman’s leading SME development company, has recently entered into a Memorandum of Collaboration agreement with Petroleum Development Oman (PDO). This strategic alliance aims to enhance the prospects of SMEs by enabling them to explore and prosper in diverse […]

Sharakah: Empowering entrepreneurs and driving SME growth in Oman

Sharakah: Empowering entrepreneurs and driving SME growth in Oman

Muscat: Sharakah, Oman’s premier entrepreneurship development company has been diligently working to drive the growth of small and medium-sized enterprises (SMEs) in the Sultanate. As the country works towards achieving its Vision 2040 goals, Sharakah’s strategically focusing on promotion of In Country Value(ICV) projects, Information and Communications Technology (ICT), and knowledge-based economy is contributing to […]

Sharakah participates in 32nd edition of COMEX 2023, with focus on tech sector SME development

Sharakah participates in 32nd edition of COMEX 2023, with focus on tech sector SME development

MUSCAT: Sharakah, the leading entrepreneurship development company in Oman, recently took part in the 32nd edition of COMEX 2023, a highly regarded event organised by OITE in collaboration with the Ministry of Transport, Communications, and Information Technology, as well as the Oman Vision 2040 Implementation Follow-Up Unit. Sharakah, known for its top-notch awareness and support […]

Sharakah and Jusoor Foundation sign MOU to promote SME development and impact investing in Oman

Muscat: To promote SME development and impact investing in Oman, Sharakah and Jusoor Foundation have signed a cooperation memorandum of understanding (MOU). Jusoor Foundation is a non-profit social responsibility organisation that is committed to promoting community development through the implementation of sustainable social projects. As the social arm of leading companies Sohar Aluminium, Vale, and […]

Malvika Khimji Electedto Sharakah Board to boost SME development in Oman

Muscat: Sharakah, Oman’s leadingentrepreneurshipdevelopment financing institution in Oman, has announced the election ofMs. Malvika Pankaj Khimji as the first woman representative on its newly constitutedBoard post-election in the last AGM held on 21st March 2023. Malvika Khimji is aDirector at Khimji Ramdas, a multi-generational family business that has been in operation for over 150 years […]

Sharakah movesoffice to Business Tower at Muscat Hills to offer enhanced customer service

Muscat: Sharakah, Oman’s leading SME development organisation, has announced that it is moving its office to its own premises in the Business Tower building at Muscat Hills, Airport Heights. The relocation is part of the organisation’s strategic plan to expand its services and offer convenient and enhanced customer experience. The new office is conveniently located […]

Sharakah’s24th AGM- Marks another year of achievements and growth

Muscat: Sharakah held its 24thAnnual General Meeting to discuss the financial year that ended on December 31, 2022. The meeting was held online through Muscat Clearing and Depository (MCD) virtual platform, on March 21st, 2023, and was presided over by Mr. Said Al Sahib, Vice Chairman of the Board of Directors. Various stakeholders, including Board […]

Sharakah and WBAF sign MOU to boost global partnership and economic development cooperation

Muscat: To enhance financial and digital inclusion, Sharakah recently signed a global partnership and economic development cooperationMOU with World Business Angels Investment Forum (WBAF) an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI). The agreement strives to boost the capabilities of entrepreneurs, startups, and SMEs by connecting them with global investors and […]

Omani Industry Day: Sharakah focuses on providing services to projects that positively contribute to the National Economy

Muscat: Oman government, represented by the Ministry of Commerce, Industry and Investment Promotion, celebrates the Omani Industry Day on February 9 every year. The Industry Day commemorations is marked to motivate the industrial sector to work for economic diversification in Oman. Promoting the growth of industries and hence increasing its contribution to the economy remains […]

National Finance and Sharakah Supports Six Local SMEs through Imtidad

Muscat: National Finance, Oman’s leading finance company, has partnered with Sharakah to support six local micro and small enterprises through its SME Growth Programme. The initiative will enable selected SMEs to identify areas of improvement in their operations and assist them in implementing effective strategies to enhance their business profitability. “At National Finance, we are […]

SMEs Development Authority and Sharakah sign MOUto support small and medium industries in Oman

Muscat: To empower small and medium enterprises and support the development of their businesses, Sharakah recently signed a memorandum of understanding (MOU) with SMEs Development Authority. In support of the entrepreneurship system, empowering small and medium enterprises, and enhancing the sustainability of their business.   The agreement endeavours to strengthen collaboration between the two entities […]

Sharakah Outlines Future Vision for Oman SMEs at 18th Annual Meeting of International Network for Small and Medium Enterprises (INSME) at Baku

Sharakah Outlines Future Vision for Oman SMEs at 18th Annual Meeting of International Network for Small and Medium Enterprises (INSME) at Baku

Sharakah, Fund for Development of Youth Projects, made by Royal Decree for supporting the SME sector in Oman, recently attended the 18th annual meeting of the International Network for Small and Medium Enterprises (INSME), held in Baku, Azerbaijan. The International Network for SMEs, based in Rome, Italy, holds an annual general meeting to address diverse […]

New Equity scheme for Innovation and Technology!

Technological advancement is one of the main characteristics of today’s era and when backed with innovation it can truly provide a boost to the economy as well as other parts of our daily life. In line with the Oman Vision 2040, and the direction of the economy toward diversification with a focus on innovation, technology, […]

Sharakah appoints its new Chief Executive Officer

‘Sharakah,’Fund for Development of Youth Projects, SAOC, has announced the appointment ofMr. Ali Ahmed Muqaibal as the Chief Executive Officer of Sharakah. Mr. Ali took charge of the office in October 2022. Ali Muqaibal, holds a bachelor’s degree from Arizona State University and MBA from INSEAD. He is an executive business leaderwho brings with him […]

New members join the prestigious Board of Sharakah!

Fund for Development of Youth Projects, SAOC, made by Royal Decree of 1998 for supporting the SME sector in Oman, welcomes two new Members on its Board. As a continuation of its efforts for the continuous support to the SME sector with a goal of aligning with Oman’s 2040’s vision, Sharakah welcomes the two dynamic […]

Sharakah Held its 22nd Annual General Meeting

Sharakah held its 22nd Annual General Meeting for the financial year ended 31st December 2021 on March 22,2022. The Meeting was presided by Mr. Hani bin Mohamed Al Zubair, Chairman of the Board of Directors and attended by Board Members, Shareholders, representatives of Shareholders, Statutory Auditors, Lawyer, MOCI representatives as well as Sharakah staff. The […]

“BAKEHOUSE” to introduce new products for the Summer Season

Bakehouse Café was founded by young Omani entrepreneurs in 2019. It started its operations with a small elegant branch in Al Khoudh, on Mazoon Street, where it distinguished itself as a provider of premium fresh products. The Café started to offer a variety of products such as premium Specialty Coffee, fresh pastries such as croissants […]