Credit Oman and Muscat Finance have signed an MoU to collaborate and support Omani companies expand the reach of their goods and services internationally. As part of the agreement and in line with Vision 2040, companies based in Oman will benefit from credit insurance and trade financing products to grow their domestic sales and exports, to strengthen and shed light on Omani products globally.
The terms of the MoU entail a close collaboration between Credit Oman and Muscat Finance, to provide Omani companies with solutions and services to facilitate international trade from Oman. In addition, Small and Medium Enterprises (SMEs) in Oman will benefit from tailored solutions to protect their trade receivables, grow their sales and sell to new clients securely.
“At Credit Oman, we are committed to realize Oman’s Vision 2040, and contribute to economic prosperity, through our products and services, tailored for SMEs,” said Sheikh Khalil Al Harthy, CEO of Credit Oman. “Together with Muscat Finance, we are committed to promoting Omani companies and production, to diversify our national economy,” he added.
The MoU was signed by Sheikh Khalil Al Harthy, CEO of Credit Oman, and Fahd Amjad, Deputy CEO of Muscat Finance.