Oman Business: GCC Entrepreneurs Forum 2021 kicks off in Oman – Gulf Digital News

Oman Business: GCC Entrepreneurs Forum 2021 kicks off in Oman – Gulf Digital News

Tasks of the first version of the GCC Entrepreneurs Annual Forum 2021, representing more than 50 GCC trademarks, kicked off yesterday (November 8) in Muscat, Oman, a media report said.



The forum is organised by the Authority for Small and Medium Enterprises Development (ASMED) in cooperation with the Secretariat General of GCC States, reported Oman News Agency (ONA).



Halima Rashid Al Zar’ee, Chairperson of ASMED, said in a welcome speech that the forum rallies efforts of GCC states for the empowerment of small and medium enterprises (SMEs) in implementation of the decisions of the GCC Economic Cooperation Committee at its 57th session held in Muscat in May 2019.



The forum showcases success GCC entrepreneurship stories, said Halima, adding that the gathering is an opportunity to exchange expertise and identify available funding opportunities.



Meanwhile, Dr. Nayef Falah Al Hajraf, GCC Secretary General, said that GCC leaders, during their 41st summit (Sultan Qaboos & Sheikh Sabah Summit), held in January 2021 at Al Ula city, laid emphasis on supporting small and medium enterprises and entrepreneurs due to their significant role in economic growth.



Al Hajraf pointed out that small and medium enterprises constitute 90% of business entities, according to the International Monetary Fund’s report issued in October