Muscat, Oman International Logistic Group

‘Asyad’ today unveiled four projects that won hosting at “Ibhar”

incubator; the first logistic incubator in the Sultanate that targets

startups at the logistic sector. The initiative is launched by Asyad in

cooperation with the Public Authority for SMEs Development ‘Riyada’

and Al Rafd Fund.

Of the 91 projects that applied, four projects were selected

according to a number of criteria including the practicality of the

project, the needs of the market, the economic and financial feasibility

and the number of jobs that will be created by the project.

The hosting agreements with the startups were signed by Badr bin

Mohammed al-Nadabi, Head of the Support Unit of Asyad and project

mangers of the winning projects, namely Said Salem al-Abri of Zakaa

Logistics, Qais bin Mohamed al-Jadyani from Baskom, Lo’ai bin Juma

al-Manthri from We Clean and Jamal Seif al-Muqbali from Sindbad.

“Ibhar” incubator focuses on four main fields in the logistic sector

namely services, manufacturing, innovation and the technical field. The

incubator provides the hosted projects with the required support to

ensure their sustainability such as conducting feasibility study,

providing business, administrative, marketing and technical advice and

helping drafting the necessary strategy for each project. It also

provides office spaces for the hosted projects.

Source: Oman News Agency