09 April 2013
MUSCAT -- In implementation of the Royal orders and directives of His Majesty Sultan Qaboos on the importance of supporting SMEs and empowering entrepreneurs, under the patronage of Abdul Qader Askalan, the Chief Executive Officer of Oman Arab Bank, the 'SMEs Development Programme from Financial and Administrative Perspectives', was inaugurated on April 6 in co-operation with "Prime Learning and Development", a Jordan-based company specialised in the same field.
At the inauguration of the programme, Askalan stressed on the role played by the bank in supporting the infrastructure projects underpinning the national economy, as a strategic goal that has been contemplated by OAB since its inception to date. Such goal stems from the bank's firm belief in the importance of supporting SME entrepreneurs and participating along with 22 persons from different sectors as the Ministry of Commerce and Industry and the Oman Chamber of Commerce and Industry in this programme which will be attended also by a number of OAB's clients who had taken out loans to fund their projects. The programme is being held for a period of five days starting from April 6 at Bait al Hafa Hotel -Muscat.
The programme is divided into two themes; the first one concerns entrepreneurship whereas the second one is based on the financial aspect of the enterprise. The first theme will be facilitated by international trainer, Fadi Sharayha, for three days, where the trainer will be addressing entrepreneurship competencies of SME owners and the means of developing goals, which are deemed the fundamental component for any economic start-up. He will also be tackling topics such as planning, control, proactivity, opportunities search, risks study upon setting up the project, the ways to perform obligations, the pursue of efficiency, autonomy, patience, and self-confidence at the first stages of and during the project.
As for the second theme, it will explain means of acquiring funds for SMEs and improve their performance. It will be facilitated for two days by financial expert, Dr Mohammed Abu Nassar from the Jordanian University at the Hashemite Kingdom of Jordan. The expert will be expounding the basic and important constituents of financial data and defining the information necessary for helping any management take appropriate decisions.
This programme highlights the nuts and bolts of building financial credibility and ways to practice the same by SME entrepreneurs so as to back up their practical experience in diagnosing their financial position and identifying the challenges they face.
MUSCAT -- In implementation of the Royal orders and directives of His Majesty Sultan Qaboos on the importance of supporting SMEs and empowering entrepreneurs, under the patronage of Abdul Qader Askalan, the Chief Executive Officer of Oman Arab Bank, the 'SMEs Development Programme from Financial and Administrative Perspectives', was inaugurated on April 6 in co-operation with "Prime Learning and Development", a Jordan-based company specialised in the same field.
At the inauguration of the programme, Askalan stressed on the role played by the bank in supporting the infrastructure projects underpinning the national economy, as a strategic goal that has been contemplated by OAB since its inception to date. Such goal stems from the bank's firm belief in the importance of supporting SME entrepreneurs and participating along with 22 persons from different sectors as the Ministry of Commerce and Industry and the Oman Chamber of Commerce and Industry in this programme which will be attended also by a number of OAB's clients who had taken out loans to fund their projects. The programme is being held for a period of five days starting from April 6 at Bait al Hafa Hotel -Muscat.
The programme is divided into two themes; the first one concerns entrepreneurship whereas the second one is based on the financial aspect of the enterprise. The first theme will be facilitated by international trainer, Fadi Sharayha, for three days, where the trainer will be addressing entrepreneurship competencies of SME owners and the means of developing goals, which are deemed the fundamental component for any economic start-up. He will also be tackling topics such as planning, control, proactivity, opportunities search, risks study upon setting up the project, the ways to perform obligations, the pursue of efficiency, autonomy, patience, and self-confidence at the first stages of and during the project.
As for the second theme, it will explain means of acquiring funds for SMEs and improve their performance. It will be facilitated for two days by financial expert, Dr Mohammed Abu Nassar from the Jordanian University at the Hashemite Kingdom of Jordan. The expert will be expounding the basic and important constituents of financial data and defining the information necessary for helping any management take appropriate decisions.
This programme highlights the nuts and bolts of building financial credibility and ways to practice the same by SME entrepreneurs so as to back up their practical experience in diagnosing their financial position and identifying the challenges they face.
© Oman Daily Observer 2013
