Omantel awards business tasks worth more than OMR3mn to SMEs

Muscat: The value of business tasks awarded to small and medium enterprises (SMEs) through Oman Telecommunications Company (Omantel) stood at more than OMR3 million at the end of the second quarter of 2023.

The business, which benefits 17 SMEs, constitutes an embodiment of ongoing cooperation between the two parties.

As part of this cooperation, the Authority for Small and Medium Enterprises Development (ASMED) and Omantel recently conducted four workshops in different governorates to share business ideas.

As many as 56 entrepreneurs and owners of SMEs attended the workshops, which were held within the context of the “Supplier Development Initiative” aimed at providing training in the field of specialised contracts, procurements and opportunities to maximise benefits from Omantel business offers.

In December 2022, ASMED signed a memorandum of understanding (MoU) with Omantel, with the prime aim of providing technical and advisory support to small and medium enterprises  registered with the Authority, empowering the entrepreneurship sector and maximising in-country added value (ICV).