Sharakah supports SME Ideal Partner with customised financial Services

Muscat: Oman’s leading SME development company, Sharakah, has recently announced a collaboration with IT solutions company Ideal Partner to offer services including bill discounting solutions and term loan series through a Memorandum of Understanding (MOU). The agreement, signed by Reem Al Ghadani, Founder of Ideal Partner, and Ali Ahmed Muqaibal, CEO of Sharakah, establishes a comprehensive framework for collaboration, covering a wide range of crucial areas.

Ideal Partner, located in Al Khuwair, offers a range of IT services including data center solutions, physical security, IT solutions, control/automation systems, managed services, and airport systems.

Conveying her appreciation Reem Al Ghadani said, “I would like to express my profound gratitude to Sharakah for their invaluable support in our collaboration. Ideal Partner is dedicated to offering cutting-edge IT services and solutions. We specialise in designing and developing energy-efficient mission-critical datacenters, comprehensive ICT infrastructure projects, and integrating commercial and residential audio and video systems. Our expertise extends to designing control and automation systems, security systems, and offering 24/7 monitoring, support, and helpdesk services through our managed services. Additionally, we are skilled in the installation and maintenance of Visual Docking Guidance Systems for airports. This collaboration with Sharakah marks a significant milestone in our journey, enabling us to extend our reach and enhance our capabilities to better serve our clients.”

Commenting on the collaboration Ali Ahmed Muqaibal, CEO of Sharakah said, “Our collaboration with Ideal Partner represents a significant opportunity for Sharakah to support their business and contribute to the realization of their future strategies and plans. Through our partnership programs designed to support small and medium enterprises, we aim to provide valuable resources and support that will benefit their growth and success. Sharakah is committed to nurturing entrepreneurial talent and fostering the growth of SMEs in Oman. Our comprehensive schemes are tailored to meet the diverse needs of these businesses, helping them to thrive in today’s competitive environment and sustainably grow in sectors like renewable energy, In-Country Value projects, and communication technologies.”

Sharakah’s financial services are tailored for asset-based funding and working capital needs, investing in both new and existing projects with amounts ranging from OMR 25,000 to 350,000. Sharakah’s Bill discounting scheme offers a 120-day credit period and is designed for SMEs, reflecting the company’s commitment to nurturing entrepreneurial talent and supporting growth in sectors like renewable energy, In-Country Value projects, and communication technologies.

Sharakah is known for its commitment to nurturing entrepreneurial talent, with a focus on sustainable sectors such as renewable energy, In-Country Value projects, and communication technologies. This new initiative underlines Sharakah’s ongoing support in fostering entrepreneurial skills and elevating emerging business leaders.