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MCBS and SHARAKAH forge strategic partnership to empower SMEs and advance impact investment

This partnership reflects both institutions’ shared vision of driving entrepreneurship and fostering sustainable economic development.

TAS News Service

info@thearabianstories.com

Wednesday, May 14, 2025

MUSCAT : The Modern College of Business and Science (MCBS) is pleased to announce a new strategic partnership with SHARAKAH, aimed at promoting the growth of Small and Medium Enterprises (SMEs) and accelerating impact investment across the Sultanate of Oman.

This partnership reflects both institutions’ shared vision of driving entrepreneurship and fostering sustainable economic development. Through the collaboration, MCBS InnovationX and SHARAKAH will deliver tailored SME programs, innovation initiatives, training, mentorship, and research opportunities. The alliance will also focus on event organization, joint marketing campaigns, and the promotion of success stories that inspire the broader entrepreneurial ecosystem in Oman.

Ali bin Ahmed Muqaibal, CEO of Sharakah, said, “This partnership with MCBS reflects our continued focus on strengthening the foundations of entrepreneurship in Oman. By combining Sharakah’s experience in SME development with the academic and research capabilities of MCBS, we aim to create impactful programmes that support innovation, build capacity, and provide real opportunities for emerging entrepreneurs. Through this collaboration, we look forward to co-developing initiatives that fund and guide SMEs on their journey to sustainable growth.”

Dr. Moosa Al Kindi, Dean of MCBS, welcomed the partnership, stating, “We are proud to collaborate with Sharakah, whose dedication to supporting SMEs in Oman is both impactful and inspiring. At MCBS, we are committed to equipping our students and the wider community with practical skills and real-world opportunities. This partnership enables us to bridge academic knowledge with enterprise development in a meaningful and effective way. Together, we aim to nurture the next generation of Omani entrepreneurs and contribute to the nation’s long-term economic resilience.”

The collaboration will see both parties implement innovation-driven initiatives, promote entrepreneurial best practices, and increase visibility through joint events. The agreement underscores a shared commitment to empowering Omani entrepreneurs and supporting sustainable business growth through practical, high-impact initiatives.

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