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 blend with shifting market currents and embrace emerging prospects. The company’s resolute dedication to nurturing entrepreneurial zeal has consistently positioned it in the frontlines in championing the dreams of budding entrepreneurs.

Sharakah’s staunch dedication to excellence is epitomised through its array of impactful initiatives, including renowned programmes like BP Khazzan, HSBC Istidama “Tahfeez,” NFC Imtidad, and the transformative Calculate It Right workshops. Each of these endeavours resonates with practical wisdom and unwavering support, strategically tailored to guide entrepreneurs across the spectrum of their endeavors. These programmes have proven pivotal in elevating individuals, propelling their advancement, and leaving an indelible mark on the triumphant journey of Oman’s entrepreneur SME sector.

Having firmly established itself, Sharakah’s abiding legacy is illuminated through its substantial financial backing, tailored advisory offerings, unwavering project support, employment generation, enlightening workshops, strategic alliances, and triumphant initiatives. These collective endeavours bear witness to Sharakah’s profound imprint on Oman’s socio-economic canvas. The company’s dedication to nurturing advancement, nurturing growth, and ushering in prosperity remains unwavering. As its stand on the precipice of the future, Sharakah eagerly anticipates embarking on its continuing odyssey of transformation within the SME development territory.

In resonance with Oman’s Vision 2040, Sharakah intricately weaves its goals and strategies, placing a robust emphasis on digital transformation and technology-propelled advancement. Through wholehearted adoption of digitalization, the company ensure its services seamlessly align with the nation’s enduring vision, thus catalyzing the evolution of a digitally empowered economy.

Its deep-seated commitment to foster transformative industries makes Sharakah extend its sphere of support to diverse domains including hydroponic farms, fish processing, logistics, tourism, technology, and innovation. Infusing digitalization and technology into these sectors, it aims to empower entrepreneurs to harness nascent opportunities and steer growth through inventive solutions.

Additionally, with unwavering resolve, Sharakah wholeheartedly embraces the mission to advance In-Country Value (ICV), ardently striving to nurture a vibrant local market characterized by competitive and enduring capabilities. As Sharakah charts its path forward, every individual’s involvement is woven intricately into the tapestry of advancement. Collaboratively steering Oman’s ICV aspirations, there exists a crucial need to collectively nurture the expansion of SMEs, all the while igniting innovation, technology, and the flourishing of indigenous talents.

Sharakah supports Oman’s SMEs through an array of services, including awareness campaigns, equity financing, loans, and grants. Consultations aid informed decisions, while development programs enhance skills. Tools for risk assessment and performance tracking aid data-driven decisions. Incubation and acceleration boost startups. Sharakah partners with educational institutions and high-growth sectors, tailoring support. It facilitates global market access, fostering expansion. Overall, Sharakah cultivates a thriving and sustainable SME ecosystem in Oman.

In pursuit of its strategic vision, Sharakah recently completed the relocation of its office to its dedicated space within the Business Tower at Muscat Hills, Airport Heights. This pivotal move stands as a testament to the organisation’s unwavering commitment to expanding its services while delivering enhanced convenience and an elevated customer experience. The strategic positioning of the new office, situated at the core of the capital, ensures effortless accessibility for Sharakah’s clientele, with both the Expressway and the Sultan Qaboos Highway at close proximity. Manifesting a dedication to personalised service, Sharakah warmly welcomes established and potential SMEs alike to its new premises. Furthermore, avenues such as social media, emails, and phone calls remain open to foster seamless communication with all stakeholders.


About Sharakah

Sharakah, among Oman’s first SME development initiatives has been fostering the entrepreneurial spirit since 1998 when it was incorporated by a Royal Decree No. (76/98). Since its inception, Sharakah has provided support to a substantial number of projects in different sectors through awareness, training programs, financial support, consultation services and more. Playing a strategic role in the SMEs ecosystem in the Sultanate and making a positive impact is Sharakah’s vision, and its strategies revolve around the objectives of benefitting the Omani SME sector.



Mohammed Al Farsi

Marketing Specialist


Phone: 99793979

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