In line with its continuous support for driving economic growth in the Sultanate, ahlibank launched the third edition of the “ahlibank Ramadan Souq” initiative, in collaboration with the SME Development Authority (Riyada). This event serves as a comprehensive platform that brings together small and medium-sized enterprises, offering a strategic opportunity to enhance the capabilities of Omani entrepreneurs. It effectively contributes to accelerating the development of their projects and fostering sustainable growth opportunities. The Souq took place from March 13 to 15, 2025, at ahlibank’s headquarters in Al Wattayah, witnessing great turnout and remarkable success.
The Ramadan Souq embodies the bank’s steadfast commitment to the principles of Oman Vision 2040, which aims to diversify the economy and promote the growth of emerging enterprises. Through this event, ahlibank plays an active role in supporting small and medium-sized enterprises, contributing to the strengthening of the national economy and achieving true economic integration and sustainability. The Souq also fosters social integration by supporting youth and the local community, making it an important part of the bank’s strategy to enhance entrepreneurship and actively contribute to sustainable economic and social development.
In this edition, The Ramadan Souq featured a larger number of small and medium-sized enterprises, bringing together 60 entrepreneurs in a dynamic commercial environment. These businesses presented a diverse range of products and goods related to Eid al-Fitr preparations, such as clothing, perfumes, and handicrafts. The Souq also included a dedicated section for children with interactive, fun activities, as well as a special area for food and beverages. As a result, the Souq has become a promising gathering point for entrepreneurs in the Sultanate, allowing them to exchange experiences and innovative ideas. It not only supports entrepreneurship but also serves as a platform for sharing expertise and inspiring creative ideas, contributing to the foundation of a strong and sustainable economy.
In this regard, Jumana Al Hashmi, AGM – Head of Marketing and Corporate Communications at ahlibank, stated, “After the remarkable success of the ahlibank Ramadan Souq in the past two years, we are proud to host the Souq for the third consecutive year. Through this initiative, we aim to strengthen our ongoing efforts to support small and medium-sized enterprises and make a significant impact on the journey of Omani entrepreneurs, empowering individuals and innovators. We have created a comprehensive and diverse Souq that brings together 60 small and medium-sized enterprises in a supportive business and economic environment with high purchasing power. ahlibank is committed to being the first and best partner for success and excellence in the business community of the Sultanate, supporting our wise government in achieving a stable and sustainable economy. Together, we will continue to lead entrepreneurs toward broader horizons of success and excellence.”
Believing in the importance of social responsibility, ahlibank continues to support the growth of small and medium-sized enterprises by providing innovative solutions that enhance their ability to expand and thrive. One of the most prominent initiatives is “ahli Expo 2024,” an exhibition that brings together entrepreneurs to showcase their services and products, offering an ideal platform for interacting with customers and potential partners. The bank also offers a (POS) financing program, specifically designed to support small and medium-sized enterprises using the bank’s point-of-sale devices, facilitating payment processes and enhancing efficiency. Additionally, the bank contributes to supporting these enterprises through the “Tamkeen” initiative, which offers online crowdfunding solutions, enabling them to achieve their goals and grow their businesses. Through its steadfast commitment to empowering small and medium-sized enterprises, the ahlibank positions itself as a strategic partner in excellence in the banking sector, making a significant contribution to economic and social development, and fostering innovation and growth across various sectors.