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FINANCIAL NEWS
Sharakah helps 31 SME projects in Oman
28 Mar 2016
(MENAFN) 31 projects were supported by Sharakah for the year ended Dec 2015, involving 19 projects that received grants through Khazzan Project for SME Development.
Accordingly, the firm invested a whole of USD 1.51mn in the small and medium enterprises (SMEs), while four of the SMEs helped by Sharakah paid their dues in 2015.
Moreover, the whole amount received was USD 268.82mn, while 50 projects received financial support of which 16 of them have settled their dues.
The success rate of the firm stands at 96 percent, which is better than the global average, while, inquires and applications that it receives grew.
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