Muscat: Bank Muscat, in cooperation with the SMEs Development Authority 'Riyada', organized a series of panel discussions in Muscat, Sohar, and Salalah. This initiative aligns with the bank's plans to strengthen the SME sector's role in the national economy, increase its GDP contribution, and absorb national talents as a key driver of economic growth and diversification in Oman.

According to Oman News Agency, these discussions are part of ongoing sessions that the bank plans to conduct, accompanying new initiatives tailored for the SME sector. The bank's aim is to develop and reinforce the sector through various initiatives and partnerships with relevant entities, assisting small and medium enterprises in achieving growth, ensuring sustainability, and facilitating their transition into larger corporations.

Bank Muscat emphasizes the importance of involving SME owners in shaping these initiatives and establishing strategic partnerships with stakeholders in the sector. As an active partner in supporting the national economy, the bank collaborates with "Riyada" and relevant public and private entities to implement initiatives and programs that contribute to a supportive business environment, enabling enterprise growth and development.

Additionally, Bank Muscat offers a comprehensive suite of banking services and solutions designed to meet SMEs' needs. These include financing facilities, digital services, financial advisory, training programs, and community initiatives aimed at supporting entrepreneurs and enhancing their management and expansion capabilities.

The bank values the SME sector due to its critical role in economic and social development. It remains committed to executing initiatives that enhance the entrepreneurship environment in Oman, empowering business owners to achieve sustainable growth, reflecting the bank's dedication to its national role and social responsibility in supporting key economic sectors.