Bank Muscat inks deal to offer advanced training to Omani entrepreneurs

By Shilpa Annie Joseph, Desk Reporter
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Bank Muscat
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Oman’s leading financial services provider, Bank Muscat has signed an agreement with the region’s leading management consultant and business advisory services provider Radiant Sail to provide advanced entrepreneurial program to 30 top graduates of the bank’s Al Wathbah SME Academy as part of its Corporate Social Responsibility (CSR) programs.

Bank Muscat’s Al Wathbah Academy for SMEs is a distinctive program that combines global excellence with local relevance and was launched in 2014 as part of its CSR initiative to equip Omani entrepreneurs with suitable skills.

The central theme of the advanced Al Wathbah Academy Program is to support small and medium-sized Enterprises (SMEs) to present their business in a structured format to potential investors, partners and employees.

According to the statement, “Every module of the Advanced Al Wathbah Academy Program is designed around this central theme and provides participants with an opportunity to master a variety of skills and practice life-long learning.”

Ibrahim Khamis al Balushi
Ibrahim Khamis al Balushi
Senior Asst. GM – SME
Bank Muscat

“We are pleased to sign this agreement with our knowledge-partner Radiant Sail to further support and develop SMEs in the Sultanate. In line with the national objective of stimulating an entrepreneurial mind-set, the bank is always focused on strategic initiatives that add tremendous value to Oman’s growth and development. Bank Muscat is always committed to working in close partnership with the government and the private sector to support the national economy in alignment with the landmark Oman Vision 2040.”

The program, which will be conducted in two batches of 15 participants each in Muscat and in Al Batinah North, will be managed by Radiant Sail and certified through KnowledgeWorkx.

Mr. Nathan Heckman, President of Radiant Sail said that, “Bank Muscat’s various initiatives to provide support to SMEs are pioneering and highly sustainable initiatives, which immensely supports small businesses and Omani entrepreneurs in their journey to becoming major players in the national economy in line with the goals of Oman Vision 2040.”

“As a long-term knowledge partner of the leading financial services provider in the Sultanate of Oman, Radiant Sail is pleased to be a part of this initiative to further upskill Omani entrepreneurial skills and contribute to the progress and growth of the nation,” Mr. Heckman added.

Related: Tradeling inks MoU with Emirates Islamic to support SMEs in UAE


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