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Oman: Opportunities and Challenges in Small and Medium Sector (SMEs)

Wednesday, 04 August 2010 16:32

Oman (Salalah) - Deliberations of the three-day training programme "Opportunities and Challenges in Small and Medium Establishments (SMEs) Sector," were concluded today under the auspices of Eng. Ahmed bin Hassan al Dheeb, Undersecretary of the Commerce and Industry Ministry for Commerce and Industry. The programme was organized by the Directorate General of Small and Medium Establishments Development in cooperation with the Directorate General of Commerce and Industry in the Governorate of Dhofar.

The training programme in which 45 trainees took part included a number of themes, which focused on how to develop the necessary skills for the owners of small and medium enterprises and how to make business and services budgets, in addition to, estimate monetary budgets and how to make them.

Organizing the programme is in line with the government's approach to the SMEs sector that stems from the establishments as considered the cornerstone in the economic and social development process, as well as, its pioneering role in availing new work opportunities and achieving growth in the investment volume by acquainting them with appropriate systems and procedures before setting up an enterprise, as well as, appropriate accounting concepts used in making decisions based on precise financial and accounting data.
(ONA)

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