Wednesday 11, January 2017 by Jessica Combes

Registration for Bank Muscat al Wathbah Businesswomen's award closes on 15 Jan

Bank Muscat, the flagship financial services provider in the Sultanate of Oman, has evoked good response to al Wathbah Businesswomen’s Awards 2016 to be presented in recognition of outstanding SME initiatives by women entrepreneurs with only a few days remaining before  registration closes on 15 January.

The second edition of al Wathbah Businesswomen’s Awards comes as part of the bank’s ‘Let’s Do More’ commitment to partnership in supporting women entrepreneurs. Encouraging entrepreneurial skills, the award recognises businesswomen for playing an important role in contributing to the country’s economy.

Bank Muscat is proud to have initiated a series of programmes benefiting SME and the  al Wathbah Businesswomen’s Award has become a major annual celebration aimed at appreciating and recognising Omani women entrepreneurs, who demonstrate excellence in their business by benefiting the community as well as complimenting the series of initiatives launched by the bank as part of a comprehensive plan to support women entrepreneurs in Oman.

Qualifying criteria for the award include applicants must be Omani women, their business should be registered or a home business, furthermore any woman registered in Bank Muscat al Wathbah Women Business Forum can also apply. The evaluation of the projects for the awards will be based on the creativity, financial performance, leadership and commitment, sustainability and corporate social responsibility of the business.

The bank’s al Wathbah SME department offers a comprehensive suite of finance solutions and non-financial services targeted at small and medium enterprises, such as credit facilities, both short-term and long-term in nature, across all sectors. Support is extended through non-financial services in areas of education, coaching, networking opportunities and workshops.  The al Wathbah Women Business Forum is a networking initiative designed to provide guidance and help for women entrepreneurs to develop the requisite attitude, skills and abilities for leadership in business, as well as empowering Omani businesswomen.

Serving as building blocks for existing and prospective entrepreneurs, all these initiatives assume importance in the backdrop of the priority accorded by the government to develop the SME sector in Oman.


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