ByMENA https://bymena.com/ News about technology, business, start ups, and entrepreneurship in the MENA region Thu, 23 May 2024 10:55:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://s3.eu-west-1.amazonaws.com/cdn.bymena.com/wp-content/uploads/2023/08/cropped-New-Project-32x32.png ByMENA https://bymena.com/ 32 32 Laptop https://bymena.com/laptop/ Thu, 23 May 2024 10:11:00 +0000 https://bymena.com/?p=48364 This is a test text Test Test Test Test Test

The post Laptop appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Laptop appeared first on ByMENA.

]]> Coding https://bymena.com/coding/ Thu, 23 May 2024 10:09:31 +0000 https://bymena.com/?p=48358 This is a test text Test Test Test Test Test

The post Coding appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Coding appeared first on ByMENA.

]]> Car https://bymena.com/car/ Thu, 23 May 2024 10:08:28 +0000 https://bymena.com/?p=48352 This is a test text Test Test Test Test Test

The post Car appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Car appeared first on ByMENA.

]]> Business woman https://bymena.com/business-woman/ Thu, 23 May 2024 10:07:22 +0000 https://bymena.com/?p=48346 This is a test text Test Test Test Test Test

The post Business woman appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Business woman appeared first on ByMENA.

]]> Business Man https://bymena.com/business-man/ Thu, 23 May 2024 10:05:55 +0000 https://bymena.com/?p=48339 This is a test text Test Test Test Test Test

The post Business Man appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Business Man appeared first on ByMENA.

]]> Editing https://bymena.com/editing/ Thu, 23 May 2024 10:04:24 +0000 https://bymena.com/?p=48332 This is a test text Test Test Test Test Test

The post Editing appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Editing appeared first on ByMENA.

]]> Search on Photo https://bymena.com/search-on-photo/ Thu, 23 May 2024 10:02:48 +0000 https://bymena.com/?p=48325 This is a test text Test Test Test Test Test

The post Search on Photo appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Search on Photo appeared first on ByMENA.

]]> Presentation https://bymena.com/presentation/ Thu, 23 May 2024 10:00:54 +0000 https://bymena.com/?p=48313 This is a test text Test Test Test Test Test

The post Presentation appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post Presentation appeared first on ByMENA.

]]> A man browsing his laptop https://bymena.com/a-man-browsing-his-laptop/ Thu, 23 May 2024 09:54:05 +0000 https://bymena.com/?p=48296 This is a test text Test Test Test Test Test

The post A man browsing his laptop appeared first on ByMENA.

]]> This is a test text

Test Test Test Test Test

The post A man browsing his laptop appeared first on ByMENA.

]]> The SME Development Authority has financed more than 200 projects in Oman https://bymena.com/the-sme-development-authority-has-financed-more-than-200-projects-in-oman/ Fri, 19 Apr 2024 13:24:55 +0000 https://www.bymena.com/?p=39039 The Small and Medium Enterprises Development (SME) Authority, also known as Al Azm, financed 244 projects with a value of OMR 24,064,510 as of the end of February 2024. The Authority has distributed various projects under different financing programs, such as the In-Country Value Programme, Industrial Projects Financing Programme, Service Projects, Working Capital Financing Programme, …

The post The SME Development Authority has financed more than 200 projects in Oman appeared first on ByMENA.

]]> The Small and Medium Enterprises Development (SME) Authority, also known as Al Azm, financed 244 projects with a value of OMR 24,064,510 as of the end of February 2024.

The Authority has distributed various projects under different financing programs, such as the In-Country Value Programme, Industrial Projects Financing Programme, Service Projects, Working Capital Financing Programme, Incubated Institutions and Business Accelerators Financing Programme, Handicraft Products Financing Programme, Home and Production Works, Street Vendor Works, mobile commercial activities, contract financing program, and financing for small and medium enterprises awarded contracts by companies affiliated with Oman Investment Authority.

Out of the 244 projects, 161 were industrial, commercial, and service projects, and 44 were contract projects.

The contract financing program specializes in financing contracts (tenders or purchases) based on the work award letter from the awarding entity.

Meanwhile, 29 projects were working capital financing projects, which cover the daily needs of an organization’s operational expenses.

This includes costs such as purchasing raw materials, semi-manufactured goods, merchandise, warehouses, spare parts, salaries and wages, transportation expenses, and other costs necessary to maintain the continuity of the production process from purchasing raw materials to selling the product.

Most of the funded projects were in Muscat Governorate, with 108 projects worth more than OMR 10 million.

This was followed by North Al Batinah Governorate, which financed 31 projects worth more than OMR 3 million, and South Al Batinah Governorate, which financed 19 projects with a total value exceeding OMR 1 million.

The Dhofar Governorate had 19 funded SME projects, South Al Sharqiyah Governorate had 15, Al Dhahirah Governorate had 18, Al Dakhiliyah Governorate had 13, North Al Sharqiyah, Al Wusta, and Buraimi Governorates had six projects each, and Musandam Governorate had three projects.

The post The SME Development Authority has financed more than 200 projects in Oman appeared first on ByMENA.

]]>