Entrepreneurship
ASMED Enters Into An Agreement With ODB To Encourage SME’s By Management Of Loan Portfolio

Muscat: The Authority for Small and Medium Enterprises Development (ASMED) entered into an agreement with Oman Development Bank (ODB) to help manage the loan portfolio of SME’s thus, encouraging entrepreneurs registered with ASMED, expand their businesses.
The agreement was signed by Haleema Rashid Al-Zar’ee-Chairperson of ASMED, and Abduladheem Abbas Al-Bahrani-Chairman of ODB Board.
The agreement enables the ASMED to devise and implement funding their Applicants’ Preparedness Programme, designed to assess their abilities and hone their skills. The ASMED will eventually provide marketing and technical support to the funded projects.
Upon the finalisation, The ODB will follow up with approved projects by conducting regular field visits and the funding programmes will be unveiled in the near future.
-
Banking & Finance1 month ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain1 month ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance4 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Energy1 month ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
OER Magazines1 month ago
OER, June 25
-
Banking & Finance2 months ago
The Future of the International Financial System to be discussed at SPIEF 2025
-
Retail2 months ago
All services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB
-
Business2 months ago
Over 137 Countries and territories confirm participation in SPIEF 2025