Riyada, Bank Muscat Join Hands to Host Ramadhan Souq

Muscat — Bank Muscat, the flagship financial

services provider in the Sultanate and the Public Authority for SME

Development (Riyada) have joined hands to organise Al Wathbah

Ramadhan Souq, an exhibition showcasing products and services

promoted by small and medium enterprises (SMEs), at the bank’s head

office from 8th to 10th June.

The 3-day Souq jointly promoted by Riyada and Bank Muscat is

aimed at giving wings to the business dreams of entrepreneurs. The

exhibition will feature a wide range of home-made products, including

clothes, accessories, food items, home decorations and much more at

competitive prices. Offering a unique shopping experience to visitors,

the souq will be open to the public from 8:30 pm to 12.00 am.

In pursuance of the private sector role in the economic

development of Oman, Bank Muscat, in association with Riyada, is

proud to host the annual Ramadhan Souq in support of SME

development in Oman. Bank Muscat has launched various initiatives to

support and encourage entrepreneurs at different stages of their

business growth. The Ramadhan Souq particularly targets

entrepreneurs who pursue home-based business activities. Riyada and

Bank Muscat from time to time organise events with the aim of creating

unique opportunities to market their products and become financially


Bank Muscat offers a comprehensive suite of tailor-made finance

solutions and non-financial services targeted at small and medium

enterprises (SMEs). The bank imparts the required skills and guidance

for entrepreneurs drawn from diverse fields to embark on successful

SME business ventures through workshops, advisory services and

training through Al Wathbah Academy programmes in Muscat, Sohar

and Salalah. Serving as building blocks for existing and prospective

entrepreneurs, all these initiatives assume importance in the backdrop

of the priority accorded by the Government to develop the SME sector

in Oman.

Source: Oman News Agency

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