Oman
Inma Fund Finances Over RO161mn for Economic Sectors Since its Inception
Since beginning operations in 2014, the Small and Medium Enterprises (SME) Fund, Inma, has provided RO161mn in financing for 1,409 projects undertaken by SMEs in the Sultanate of Oman.
The Inma Fund offers loan repayment periods of up to eight years for most of its financing products. These products include asset financing, project financing, invoice discounting, and capital financing.
The fund provides financing ceilings for SMEs ranging from RO50,000 to RO500,000 and up to RO3mn for large projects.
Since its inception, the Inma Fund has supported numerous national projects, achieving significant success and positively impacting the national economy. Additionally, Inma has fostered a culture of entrepreneurship among Omani youth, encouraging them to start their own businesses.
Notably, the Inma Fund has allocated RO25mn for SME financing in 2024.
-
Oil & Gas1 month ago
Oman Oil Exports Exceed 135.3m Barrels by End of June 2024
-
Banking & Finance2 weeks ago
Apple Pay Officially Launched in Oman
-
Investment3 days ago
With Over RO600M in Foreign Investments, Future Fund Oman Unveils the First Batch of Investment Projects with an Overall Value of RO830M+
-
Uncategorized2 weeks ago
A Quick Guide to OQEP IPO Roadshow Dates & Locations
-
Economy2 weeks ago
Trade Exchange Between Oman & KSA Exceed RO1.014B
-
Insurance3 days ago
Liva Insurance Shines with Triple Honors at Alam Al-Iktisaad Wal Aamal Awards 2024
-
Lifestyle3 days ago
Royal Opera House Muscat Welcomes First Shows of its 2024/25 Season
-
Oil & Gas3 days ago
Oct 2, 2024: Oman Oil Price Rises By US$4.56