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 […]
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 […]