Monday, July 20, 2026

Business News

Oman launches Farmers’ Funding Programme to boost agricultural production

Oman Agriculture Development Company and the Development Bank have signed a memorandum of understanding (MoU) to launch the Farmers’ Funding Programme.

TAS News Service

info@thearabianstories.com

Sunday, July 19, 2026

MUSCAT – The new initiative is designed to provide flexible financing solutions aligned with agricultural production cycles, enabling farmers to access working capital when it is needed to sustain operations and support long-term growth.
Under the partnership, farmers will also receive technical support and improved access to market channels through an integrated ecosystem intended to enhance productivity, strengthen agricultural value chains and increase local food production.
The two organisations said the initiative forms part of broader efforts to build a more sustainable agricultural ecosystem by empowering farmers, improving food security and supporting the development of a more resilient and competitive agriculture sector.

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