Latest news with #ASMED
Zawya
3 days ago
- Business
- Zawya
Oman: Dialogue highlights SMEs role in boosting the economy
MUSCAT: In a move to strengthen collaboration and integration with key stakeholders, the Authority for Small and Medium Enterprises Development (ASMED) held its 15th dialogue session focused on enhancing opportunities for SMEs in the retail, construction and manufacturing sectors. The session, attended by Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, brought together SMEs owners and stakeholders from across these sectors. It aligns with ASMED's ongoing efforts to improve the business environment and make it more conducive and attractive to SMEs. The discussion aimed to amplify SMEs contributions by encouraging innovation, improving operational efficiency, fostering public-private partnerships and promoting awareness about SMEs as a vital pillar of the national economy. The minister noted, 'Omani companies should not only focus on the local market. We encourage expansion beyond Oman. The ministry supports entrepreneurs through structured, evidence-based decision-making. Moreover, the Ministry of Labour's mandate to employ Omanis excludes those holding entrepreneurship cards.' Key topics addressed included policies, legislation, licensing and support mechanisms that help SMEs develop creative solutions and form strategic partnerships. The session also opened the floor for questions, enabling business owners to share challenges and suggest viable solutions. Oman is working towards a robust industrial future in line with national aspirations. In the past five years, significant milestones have been achieved in the industrial sector. The government is now focused on enhancing the competitiveness of national products, both locally and internationally. Emphasising the importance of local content, the dialogue reinforced its role in developing economic infrastructure and improving the business ecosystem. This drives productivity, boosts sector efficiency and fosters innovation, contributing to long-term economic and financial stability while promoting balanced and sustainable growth. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
3 days ago
- Business
- Observer
Dialogue highlights SMEs role in boosting
MUSCAT, June 17: In a move to strengthen collaboration and integration with key stakeholders, the Authority for Small and Medium Enterprises Development (ASMED) held its 15th dialogue session focused on enhancing opportunities for SMEs in the retail, construction and manufacturing sectors. The session, attended by Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, brought together SMEs owners and stakeholders from across these sectors. It aligns with ASMED's ongoing efforts to improve the business environment and make it more conducive and attractive to SMEs. The discussion aimed to amplify SMEs contributions by encouraging innovation, improving operational efficiency, fostering public-private partnerships and promoting awareness about SMEs as a vital pillar of the national economy. The minister noted, 'Omani companies should not only focus on the local market. We encourage expansion beyond Oman. The ministry supports entrepreneurs through structured, evidence-based decision-making. Moreover, the Ministry of Labour's mandate to employ Omanis excludes those holding entrepreneurship cards.' Key topics addressed included policies, legislation, licensing and support mechanisms that help SMEs develop creative solutions and form strategic partnerships. The session also opened the floor for questions, enabling business owners to share challenges and suggest viable solutions. Oman is working towards a robust industrial future in line with national aspirations. In the past five years, significant milestones have been achieved in the industrial sector. The government is now focused on enhancing the competitiveness of national products, both locally and internationally. Emphasising the importance of local content, the dialogue reinforced its role in developing economic infrastructure and improving the business ecosystem. This drives productivity, boosts sector efficiency and fosters innovation, contributing to long-term economic and financial stability while promoting balanced and sustainable growth.
Zawya
4 days ago
- Business
- Zawya
Oman: Enhancing opportunities for SMEs in energy sector
The Authority for Small and Medium Enterprises Development (ASMED) recently held its 14th dialogue session on enhancing opportunities for small and medium enterprises (SMEs) in the energy and minerals sector. The session aimed at focusing on improving the business environment and making it more attractive to enterprises in this sector. As part of ASMED's efforts to partner and integrate with relevant entities to improve the business environment for SMEs, the dialogue session focused on opportunities in the energy and minerals sector. The session was attended by Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, and Halima bint Rashid al Zariyah, Chairperson of the Authority for Small and Medium Enterprises Development (ASMED), along with officials from relevant authorities and owners of small and medium enterprises in the energy and minerals sector. Adnan al Harrasi, an entrepreneur in the chemicals sector, said, "I had some ideas to share that needed to be discussed. The dialogue session provided a platform for entrepreneurs to raise issues and obstacles hindering their projects and find appropriate solutions from relevant authorities in each vital sector." The session covered various topics including policies, legislation, licences and enablers that support SMEs in developing innovative solutions and partnerships in the energy and minerals sector. It also aimed to enhance the role of SMEs in the sector by presenting innovative ideas, improving operational efficiency, encouraging government and private partnerships, and raising awareness of the sector's importance in supporting the national economy. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Zawya
12-06-2025
- Business
- Zawya
Oman: Dialogue session to boost SME involvement in energy, minerals sectors on June 15
Muscat – The Authority for Small and Medium Enterprises Development (ASMED) in collaboration with the Ministry of Energy and Minerals will host a dialogue session on June 15, under the theme 'Enhancing Opportunities for Small and Medium Enterprises in the Energy and Minerals Sector'. The session is part of ASMED's ongoing efforts to empower small and medium enterprises and highlight emerging opportunities in strategic sectors. The energy and minerals sector, in particular, is seen as vital to Oman's long-term economic growth and diversification agenda. The event will bring together stakeholders from both the public and private sectors to explore ways to strengthen SME participation in the energy and minerals industries. Discussions will focus on unlocking investment opportunities, addressing key challenges, and formulating policies that foster an enabling business environment for entrepreneurs and SME owners. ASMED stated that the dialogue session will reflect the national direction to enhance SME contribution to the GDP and to create new opportunities for innovative ventures in line with Oman Vision 2040. The vision places strong emphasis on the role of SMEs as engines of sustainable growth and diversification in the sultanate's economy. The authority also noted that the session will support the development of practical solutions and collaborative frameworks that allow SMEs to better access the energy and minerals sector. It aims to enhance competitiveness, strengthen partnerships, and create a more attractive and dynamic business ecosystem for local entrepreneurs. ASMED has invited SME owners and aspiring entrepreneurs from across the sultanate to take part in the session. Registration is open through the following link: © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
10-06-2025
- Business
- Muscat Daily
Dialogue session to boost SME involvement in energy, minerals
Muscat – The Authority for Small and Medium Enterprises Development (ASMED) in collaboration with the Ministry of Energy and Minerals will host a dialogue session on June 15, under the theme 'Enhancing Opportunities for Small and Medium Enterprises in the Energy and Minerals Sector'. The session is part of ASMED's ongoing efforts to empower small and medium enterprises and highlight emerging opportunities in strategic sectors. The energy and minerals sector, in particular, is seen as vital to Oman's long-term economic growth and diversification agenda. The event will bring together stakeholders from both the public and private sectors to explore ways to strengthen SME participation in the energy and minerals industries. Discussions will focus on unlocking investment opportunities, addressing key challenges, and formulating policies that foster an enabling business environment for entrepreneurs and SME owners. ASMED stated that the dialogue session will reflect the national direction to enhance SME contribution to the GDP and to create new opportunities for innovative ventures in line with Oman Vision 2040. The vision places strong emphasis on the role of SMEs as engines of sustainable growth and diversification in the sultanate's economy. The authority also noted that the session will support the development of practical solutions and collaborative frameworks that allow SMEs to better access the energy and minerals sector. It aims to enhance competitiveness, strengthen partnerships, and create a more attractive and dynamic business ecosystem for local entrepreneurs. ASMED has invited SME owners and aspiring entrepreneurs from across the sultanate to take part in the session. Registration is open through the following link:
