Sharakah, Oman’s leading SME development company, has announced a strategic collaboration with Gulf Technical Support (GTS), a specialist in the supply, installation and maintenance of heating, ventilation, and air conditioning (HVAC) systems across the sultanate.

As per the deal, Sharakah will provide tailored financial solutions to GTS in line with its efforts to strengthen the sultanate's HVAC services sector.

The agreement was signed at Sharakah’s headquarters, reflecting its ongoing commitment to supporting SMEs operating in key technical and service sectors in the Sultanate. 

The partnership aims to support the company’s growth and strengthen its operational capabilities, enabling it to expand its services and meet increasing market demand.

Gulf Technical Support focuses on delivering integrated HVAC solutions, including the supply, installation, and maintenance of systems, ensuring operational efficiency, enhanced performance, and optimized energy consumption.

Sharakah CEO Ali Ahmed Muqaibal said: "The collaboration with Gulf Technical Support reflects our commitment to empowering SMEs that contribute to the development of essential service sectors in Oman."

"The Wakala financing facility will support the company in strengthening its technical capabilities and meeting the growing demand for high-quality HVAC solutions," he stated.

Ameer Al Mughairi, General Manager of Gulf Technical Support, stated that this collaboration marks an important step in the company’s growth journey, as it enhances its operational capabilities and expands its service offerings, enabling it to efficiently meet the growing demand in the HVAC sector with high quality.

"Through partnerships such as this, Sharakah continues to create opportunities for SMEs to scale their operations, strengthen service delivery, and contribute to Oman’s evolving industrial and services landscape," he added.