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Muscat – Following the highly successful inaugural edition, Oman Oil Marketing Company signed a new agreement with Al Raffd Fund for the second season of their co-managed Tasweik initiative. Designed to provide Small and Medium Enterprises (SMEs) across Oman with a unique opportunity to enhance their market visibility and positioning, the program will grant ten companies funding for branding and marketing purposes.
Tariq Sulaiman Al Farsi, CEO of Al Raffd Fund said, “This initiative was born from a desire to strengthen the local SME sector by nurturing their development and ability to compete with global brands. In fact, the benefits of the initiative extend far beyond our winners, as all eligible participating SMEs will receive guidance on how to best improve their brand and market presence for a sustainable future.”
David Kalife, CEO of Oman Oil Marketing Company said, “Driven by our strong belief in collaboration with the public sector and based on Tasweik’s landmark success last year, Oman Oil Marketing Company decided to continue inspiring SMEs with this ambitious and impactful initiative. More entrepreneurs will now be able to receive both the funds and the consultation they need to fulfill their business aspirations.”
He concluded, “Guided by our underlining commitment to provide more Omani businesses with the chance to establish their presence, we are confident that together we will help to boost the national economy and contribute to the country’s diversification strategy.”
Tasweik, the brainchild of Oman Oil Marketing Company, is a nation-wide initiative designed to nurture and develop the SME community by providing Omani entrepreneurs with the means to build a successful business model. A joint committee comprising of members from Oman Oil Marketing Company and Al Raffd Fund will award a total of OMR 80,000 to ten selected SMEs. The ten prizes are earmarked specifically for advertising and branding activations which will allow companies to expand their reach and build a name for themselves in the market.
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About Oman Oil Marketing Company SAOG
Formed in October 2003, Oman Oil Marketing Company with the brand name omanoil is envisaged to be the future prominent player in petrol and lubricant retail in Oman. Today Oman Oil Marketing Company SAOG is involved in the marketing and distribution of fuels and lubricant products and operates in the sectors of fuel retailing, direct (bulk) fuel sales to Government and the Commercial sector, lubricants, aviation refueling and storage and distribution.
Oman Oil is a 100% Omani owned company that leverages the multinational heritage and experience and puts it to practice to benefit Oman. Presently having more than 180 filling stations in the country, they are aimed towards providing a dependable local service that is both fast and fulfilling and sets them apart from the competition.
Oman Oil Marketing Company’s success is created and maintained by well-trained, motivated and innovative people. The Company is proud to have a diverse team that is dedicated to the overall corporate objectives. Operating in an increasingly competitive business environment, The Company has continued its strong performance focus and consistently achieved its primary safety, operating and financial targets.
© Press Release 2017
