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Over 48,000 SMEs led by women propel Oman’s economy forward

Omani women continue to make strides in entrepreneurship, with over 48,000 businesses led by women registered under the SMEs Development Authority.

TAS News Service

info@thearabianstories.com

Thursday, October 17, 2024

MUSCAT : As of the end of September 2024, the Small and Medium Enterprises Development Authority has recorded an impressive 48,692 women-led businesses, marking a significant presence of Omani women in the entrepreneurial ecosystem. These establishments are owned and operated by Omani women, showcasing their impact in the nation’s growing SME sector.

The number of Omani women actively engaging in entrepreneurship has reached new heights, with 10,257 registered entrepreneurship card holders. Additionally, many have benefitted from the Authority’s extensive support services. A total of 1,008 female entrepreneurs received consultations in administrative, legal, financial, and marketing areas, while 767 women took advantage of business readiness programs.

The craft sector has also seen substantial female involvement, with 3,467 women contributing their skills. Furthermore, 569 female entrepreneurs have benefitted from specialized training programs aimed at enhancing their business acumen and operational efficiency.


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