Latest news with #Tumouhi
Zawya
9 hours ago
- Business
- Zawya
Oman Arab Bank brings Tumouhi SME roadshow to Salalah
Muscat: Oman Arab Bank (OAB) is pleased to announce the upcoming stop of its nationwide Tumouhi SME Training Roadshow in Salalah, the vibrant economic hub of southern Oman. The event will take place at Kyriad Hotel, Salalah, from 20 to 21 August, 2025, as part of OAB's continued commitment to nurturing entrepreneurship and building sustainable ecosystems for small and medium-sized enterprises (SMEs) across the Sultanate. The event will be held under the patronage of Dr Ahmed Mohsen al Ghassani, Chairman of Dhofar Municipality. Launched as a flagship initiative under OAB's broader SME support strategy, Tumouhi offers tailored workshops, one-on-one advisory sessions, and networking opportunities designed to equip entrepreneurs with the tools and knowledge they need to succeed in today's dynamic economy. Following successful sessions in Muscat, Sohar, and most recently Nizwa, the Salalah edition of the roadshow will feature interactive sessions led by industry experts, with topics ranging from financial planning and digital marketing to legal compliance, cyber security, and funding readiness. The event will also bring together key players from the public and private sectors to offer support and guidance to local business owners. Commenting on the upcoming roadshow, Mr. Sulaiman Al Harthi, CEO of Oman Arab Bank, stated, 'Our vision through Tumouhi is to cultivate a resilient and competitive SME sector that plays a meaningful role in Oman's economic diversification. Salalah is a region full of untapped potential, and we are excited to meet with local entrepreneurs, listen to their challenges, and offer hands-on support that reflects our long-term commitment to inclusive national growth.' With its focus on practical learning and local collaboration, Tumouhi continues to demonstrate OAB's belief that real development starts at the grassroots level, empowering individuals, enabling businesses, and strengthening communities.
Mid East Info
22-06-2025
- Business
- Mid East Info
OAB Wraps Up SME Training Roadshow in Nizwa, Reaffirms Commitment to Nationwide SME Growth - Middle East Business News and Information
Muscat. 22 June, 2025. Oman Arab Bank (OAB) has successfully concluded the third leg of its SME Development Training Roadshow, held in Nizwa from 17 to 18 June, 2025. Organized in collaboration with SME Development Authority and Oman Chamber of Commerce and Industry in Nizwa, under the Bank's flagship Tumouhi initiative, the event drew wide participation from aspiring entrepreneurs and small business owners in Al Dakhiliyah, continuing a nationwide mission to support and empower Oman's growing SME sector. The event was held under the auspices of H.E Sheikh Dr. Faisal bin Ali bin Rashid Al Zidi (Wali of Manah). Following successful workshops in Muscat and Sohar earlier this year, the Nizwa event brought together a dynamic mix of sessions covering financial literacy, business strategy, marketing, and HR fundamentals. Designed to offer hands-on learning and real-world insights, the two-day workshop also served as a vibrant networking hub for local entrepreneurs and industry experts. H.E Sheikh Dr. Faisal Al Zidi expressed his enthusiasm towards this initiative in supporting the SME sector, praising the government's steadfast approach and the great attention it pays to this vital sector, given its pivotal role in supporting the growth of the economy and enhancing its diversity. He emphasized that supporting entrepreneurs and emerging business owners contributes to creating new job opportunities and enhancing local innovation. H.E Sheikh Dr Faisal Al Zidi stated, 'This workshop is a true turning point for entrepreneurs. They would walk in with ideas, and leave with a plan, equipped with the confidence to take their businesses to the next level. The sessions were practical, relevant, and exactly what small business owners and entrepreneurs would need.' Sulaiman Al Hinai, Chief Wholesale Banking Officer at Oman Arab Bank, commented on the roadshow's continued momentum, 'At Oman Arab Bank, we view SMEs as key drivers of economic resilience and innovation. Through Tumouhi, we're not just delivering training — we're creating access, building networks, and empowering business owners in every corner of the Sultanate. The response in Nizwa has been incredibly encouraging, and we remain committed to reaching even more regions with the tools and support SMEs need to thrive.' The Tumouhi Roadshow is part of OAB's long-term strategy to promote financial inclusion, empower local talent, and align with the goals of Oman Vision 2040. By providing practical tools and strategic guidance, OAB aims to equip SMEs with the foundations to grow, innovate, and contribute meaningfully to the national economy. The Bank has confirmed that future roadshows are in the pipeline, with a commitment to covering all regions across the Sultanate in the months ahead.
Zawya
22-06-2025
- Business
- Zawya
OAB wraps up SME training roadshow in Nizwa
Muscat: Oman Arab Bank (OAB) has successfully concluded the third leg of its SME Development Training Roadshow, held in Nizwa from 17 to 18 June, 2025. Organized in collaboration with SME Development Authority and Oman Chamber of Commerce and Industry in Nizwa, under the Bank's flagship Tumouhi initiative, the event drew wide participation from aspiring entrepreneurs and small business owners in Al Dakhiliyah, continuing a nationwide mission to support and empower Oman's growing SME sector. The event was held under the auspices of H.E Sheikh Dr. Faisal bin Ali bin Rashid Al Zidi (Wali of Manah). Following successful workshops in Muscat and Sohar earlier this year, the Nizwa event brought together a dynamic mix of sessions covering financial literacy, business strategy, marketing, and HR fundamentals. Designed to offer hands-on learning and real-world insights, the two-day workshop also served as a vibrant networking hub for local entrepreneurs and industry experts. H.E Sheikh Dr. Faisal Al Zidi expressed his enthusiasm towards this initiative in supporting the SME sector, praising the government's steadfast approach and the great attention it pays to this vital sector, given its pivotal role in supporting the growth of the economy and enhancing its diversity. He emphasized that supporting entrepreneurs and emerging business owners contributes to creating new job opportunities and enhancing local innovation. H.E Sheikh Dr Faisal Al Zidi stated, "This workshop is a true turning point for entrepreneurs. They would walk in with ideas, and leave with a plan, equipped with the confidence to take their businesses to the next level. The sessions were practical, relevant, and exactly what small business owners and entrepreneurs would need." Sulaiman Al Hinai, Chief Wholesale Banking Officer at Oman Arab Bank, commented on the roadshow's continued momentum, "At Oman Arab Bank, we view SMEs as key drivers of economic resilience and innovation. Through Tumouhi, we're not just delivering training — we're creating access, building networks, and empowering business owners in every corner of the Sultanate. The response in Nizwa has been incredibly encouraging, and we remain committed to reaching even more regions with the tools and support SMEs need to thrive." The Tumouhi Roadshow is part of OAB's long-term strategy to promote financial inclusion, empower local talent, and align with the goals of Oman Vision 2040. By providing practical tools and strategic guidance, OAB aims to equip SMEs with the foundations to grow, innovate, and contribute meaningfully to the national economy. The Bank has confirmed that future roadshows are in the pipeline, with a commitment to covering all regions across the Sultanate in the months ahead.
Zawya
15-06-2025
- Business
- Zawya
OAB's Tumouhi initiative hits the road with SME development workshops across Oman
Muscat: Oman Arab Bank (OAB) has announced the launch of its SME Development Training Roadshow, a dynamic two-day program set to take place in Nizwa from June 17 to 18 under the patronage of H.E. Sheikh Dr. Faisal bin Ali bin Rashid Al Zidi; Wali of Manah. Held under the umbrella of the Bank's Tumouhi initiative, the roadshow is tailored to equip small and medium enterprise (SME) owners with essential business skills, financial knowledge, and networking opportunities to fuel their growth. Most notably, this is the third workshop after the Muscat and Sohar events, with the bank's aim to continue to cover all regions in the Sultanate of Oman. The workshop will be hosted at the Oman Chamber of Commerce and Industry Hall in Nizwa and is open to SME owners and aspiring entrepreneurs across the Sultanate. With a comprehensive agenda covering financial literacy, strategic planning, human resources, and marketing, participants will gain hands-on insights to help scale their ventures. Commenting on the initiative, Sulaiman Al Harthi, CEO of Oman Arab Bank, said, "At Oman Arab Bank, we believe SMEs are the backbone of our economy. Through the Tumouhi initiative, we are committed to empowering entrepreneurs with the skills and tools they need to thrive. The roadshow ascends being a mere training program. Truly, it is a platform for inspiration, connection, and sustainable growth." The Tumouhi SME Roadshow reflects OAB's broader commitment to national economic development through targeted support for small businesses. The initiative also aligns with Oman Vision 2040 by fostering a resilient private sector powered by innovation, inclusion, and enterprise. Interested participants can register via the official OAB website. Seats are limited and early registration is encouraged.
Mid East Info
02-06-2025
- Business
- Mid East Info
Oman Arab Bank Leads the Economic Empowerment Landscape in the Sultanate of Oman and is Crowned with the 'Outstanding Commitment to SME Growth and Empowerment' Award
Muscat. 2 June 2025. In a remarkable achievement that set the standard for banking expertise in the Sultanate of Oman, Oman Arab Bank's added to its growing record of success, proudly announcing it being the receipt of the 'Outstanding Commitment to SME Growth and Empowerment' award — a well-deserved recognition of a deeply rooted strategic vision and clear affirmation of the bank's pivotal role in leading the economic empowerment of entrepreneurs across the Sultanate. This award is not merely a celebratory milestone, but the natural result of an integrated journey of tireless effort, carefully structured plans, and a real investment in Oman's economic future. It reflects years of consistent dedication, culminating in the development of the bank's comprehensive Tumouhi ecosystem — the most inclusive banking platform designed to support SMEs on every level: financial, technical, digital, and advisory. Oman Arab Bank has transformed from a financial service provider into an active growth partner in the success stories of thousands of local companies by offering flexible, customizable financial solutions, including term loans, working capital financing, and a full range of trade facilities tailored to different stages of business development; however, the bank's role has never been limited to financing — it has built a fully integrated digital infrastructure aligned with global standards, including smart payment solutions such as Soft POS, payment links, full digital banking platforms, and dedicated corporate branches and regional cash centers. Even more, the bank has redefined SME support through structured training and empowerment programs like Ruwad Al Arabi , Women's Leadership Development , and Financial Literacy , as well as through strategic partnerships with national institutions like the SME Development Authority (Riyada) to organize entrepreneurial competitions and target ed empowerment campaigns across Oman's governorates. Recognizing that many freelance and informal businesses are often overlooked by traditional banking, Oman Arab Bank designed dedicated solutions that accommodate the unique needs of this segment — from street vendors and market traders to taxi drivers and independent service providers — thus driving tangible financial inclusion at the grassroots level. This ground-level presence has helped the bank expand its developmental footprint and reach underserved populations in a practical and meaningful way. Commenting on this achievement, Sulaiman Al Hinai, Chief Wholesale Banking Officer at Oman Arab Bank, stated: 'This award is a confirmation of what we have committed to from day one — to be a creator of opportunity, not just a responder; a builder of business ecosystems, not just a lender. We believe SMEs are not a complementary sector, but the economic center of gravity and the axis of national transformation toward sustainable growth.' He added, 'We don't just offer banking products — we provide a fully integrated environment of support, guidance, expertise, and networks to help every entrepreneur turn ideas into impact.' With this recognition, Oman Arab Bank once again proves that it is more than a bank — it is a vital developmental force helping reshape Oman's economic landscape and placing SMEs at the heart of the national equation. This aligns directly with Oman Vision 2040's priorities of economic diversification, productivity, youth empowerment, and building a knowledge- and innovation-driven economy. The Bank stands firmly present across every step of the SME journey — from funding to advisory, training to partnership, and digital solutions to on-the-ground support — forging ahead with an unwavering commitment to solidify its position as the number one partner for entrepreneurship in Oman, driven by a national vision, relentless ambition, and limitless potential.
