FINANCIAL NEWS

Oman’s Sharakah Co. to support projects this year

11 Jan 2016

(MENAFN) Almost USD 2.021bn has been reserved by Sharakah to help projects this year, and the company target for 2016 is 10 projects.

Accordingly, 10 projects were supported by the Company in 2014 with an investment of almost USD 2.109bn and 12 ‘contracts’ were signed by the Co.

Additionally, most of the company’s clients are active in the area of food and beverages but the Co. intends to expand its client base.

Industrial and service sectors have high potential which can be used, emphasizing that the coming major local events also proposed good chances to SMEs.

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