Oman to launch 1st innovative capital company

01 Dec 2015

(MENAFN) Oman intends to launch its first venture capital firm, which will be formed exclusively by investors from the private sector, based on recent reports.

The promising company Ethmar will pursue three potential start-ups at a local entrepreneurship conference, which will gather more than 250 participants.

The conference will help many Omani entrepreneurs realize the advances in global markets, which are creating high impact in many developed economies.

Moreover, the innovative conference aims at creating a platform to trigger and bring together high-growth potential start-ups and alternative funding sources.

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