OMR 10,000 emergency finance program started for SMEs

Muscat: With a finance ceiling of OMR 10,000, the Small and Medium Enterprises Development Authority has launched the emergency funding program for Entrepreneur Card holders.

A statement issued online by The Oman News Agency, (ONA) said: "With a financing ceiling of OMR 10,000, the Small and Medium Enterprises Development Authority launches the emergency financing program for Entrepreneur Card holders in implementation of the high directives  to adopt the Social Protection Initiatives Package."

"In order to enhance the activity and sustainability of small and medium enterprises in all sectors and economic activities affected by the Coronavirus pandemic,” the statement added.