23 Hrs
Source:
الرؤية
Are business choices risking SMEs
The article discusses the local content program implemented by the Civil Aviation Authority, which has benefited 117 companies, including 39% small and medium enterprises (SMEs), with the aim of supporting and developing the sector. It also highlights the importance of transforming small and medium enterprises into strategically joint-stock companies to enhance their national competitiveness. The article further emphasizes the efforts of financial institutions like Bank Muscat in organizing the "Namo" forum to support SMEs, along with a reminder that decisions by the Ministry of Labor could negatively impact the environment for these businesses. Moreover, the article underscores the economic tensions and challenges faced by small and medium enterprises in Oman, mentioning other influencing factors such as natural events and regulatory decisions that shape the local economic landscape.
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