NBC, Riyada incubated companies explore investment opportunities in Oman's tourism sector

Business Sunday 14/August/2016 14:10 PM
By: Times News Service
NBC, Riyada incubated companies explore investment opportunities in Oman's tourism sector

Muscat: As part of the monthly "Reyooq" initiative, the National Business Centre (NBC), which falls under the umbrella of the Public Establishment for Industrial Estates (PEIE), recently organised a discussion session for the incubated companies and SMEs with Maitha bint Saif Al Mahrouqi, Undersecretary at the Ministry of Tourism.
Al Mahrouqi highlighted the investment opportunities available for the small and medium enterprises (SMEs) in the Sultanate and how these SMEs can take advantage of the Sultanate’s tourism strategy that aimsat creating significant job opportunities. This will eventually contribute to developing the national economy and advancing the SMEs in the industrial sector.
The event also highlighted the vision of NBC, which is to become the premier platform for Omani entrepreneurs by providing business development support and guidance, training and mentoring, access to markets and industry experts and state-of-the-art, fully equipped, office space, meeting rooms and presentation facilities.
Mulkie Al Hashmi, Marketing Director at NBC, also highlighted the objectives of NBC, which comprise facilitating and supporting the growth of investable ideas into successful businesses; building entrepreneurial skills through dedicated and focused training, coaching and mentoring; and providing business support facilities from office space, administrative support, financial support and consultancy services that are crucial in ensuring the success and survival of new ventures.
It should be noted that "Reyooq" initiative consists of monthly visits to high profile companies and factories in the Sultanate, organised by NBC in cooperation with Riyada to meet with the CEOs and decision-makers of these institutions. The incubated companies at NBC shall get acquainted with various opportunities available for the entrepreneurs from these visits.