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Oman business: Agreements signed to set up SMEs in converting industries

The incubator will serve entrepreneurs to develop small and medium enterprises (SMEs) and to contribute in the Omani economy.

Oman News Agency

info@thearabianstories.com

Sunday, February 27, 2022

 MUSCAT: Sohar University signed here today 4 agreements with entrepreneurs and companies to establish a specialized incubator for converting industries.

The incubator will serve entrepreneurs to develop small and medium enterprises (SMEs) and to contribute in the Omani economy.

The agreements were signed by Dr. Hamdan Sulaiman Al Fazari, Vice Chancellor of Sohar University and representatives of the incubated firms.

As per the agreements, the SMEs will receive support to develop and achieve sustainability. The incubation will last for 12 months.

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