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Tuesday, April 16, 2024

Oman’s Sharakah and Jordan Enterprise Development Corporation to develop SMEs


Oman’s premier SME development firm, Sharakah, has recently formed a partnership with the Jordan Enterprise Development Corporation for cooperation in multiple areas, including sharing expertise on laws and regulations affecting SMEs, participating in global exhibitions that highlight entrepreneurship and SME growth, leveraging technological insights, and conducting training programmes and workshops in entrepreneurship and business management to promote knowledge exchange. The partnership also focuses on joint strategy development and setting performance indicators, covering ten comprehensive areas of collaboration.

This partnership reflects Sharakah and the Jordan Enterprise Development Corporation’s mutual dedication to advancing sustainable development goals, promoting economic integration and participation, and supporting small and medium-sized enterprises (SMEs) expansion.

Ali Muqaibal, CEO of Sharakah said,“The goal is to meet the shared interests of both Sharakah and the Jordanian Corporation, fostering the development of collaborative efforts, enhancing investment opportunities between Oman and Jordan, and benefiting the wider economic landscape.”

Abdulfattah Al-Kayed, CEO of Jordan Enterprise Development Corporation said, “The collaboration aims to elevate the quality and efficiency of services offered to stakeholders through the exchange of data, adoption of best practices, and the initiation of joint ventures and projects.”

The Jordanian Corporation has also extended an invitation to Sharakah to join the recently established Arab Network for Entrepreneurship. This initiative serves as the foundation for an Arab platform dedicated to environmental integration and the exchange of expertise. It is designed to encourage the creation of small, innovative, and entrepreneurial businesses, providing a comprehensive ecosystem that grants entrepreneurs access to guidance, training, financing and networking opportunities. This environment fosters collaboration between business leaders, institutions, and the youth, aiming to build a future anchored in self-reliance and innovation.

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