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, 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 […]