• Oman

    • Oman’s Inma provided RO 20m in funding to 144 SME projects in 2022

    By on January 29, 2023

    Muscat: The total number of small and medium enterprises (SMEs) in the Sultanate of Oman which are funded by Inma Fund during 2022 stood at 144 projects in various economic sectors, with a total value of RO 20 million.

    At the forefront of those sectors is industry (20%), followed by services (19%), transport and logistics (16%), infrastructure (15%), trade (10%), tourism (9%) and the oil and gas sector (8%).

    The projects funded by Inma Fund in Oman’s various governorates managed to boost their production lines and provided a number of products and services to the local market, which contributed to revitalizing the economic movement and increasing cash flow.

    The industry sector, which received the largest share of funding from Inma Fund in 2022, is considered one of the vital sectors in Oman that contribute to boosting the GDP.

    Moreover, Inma Fund, which aims to achieve sustainable development, implements international standards, standards of the Central Bank of Oman (CBO) and standards of the Capital Market Authority (CMA). – ONA

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.