Flag carrier Oman Air has signed a Memorandum of Understanding (MoU) with Riyada, offering small and medium-sized enterprises (SMEs) greater ease of access to the airline’s supply chain.

Riyada, the Public Authority for Small and Medium Enterprise Development, is a government body established by Royal Decree and entrusted with developing Oman’s SME sector.

The MoU allows SMEs registered with Riyada to bid for contracts with Oman Air in a more convenient and efficient way. The SMEs will be registered with Oman Air’s Supply Chain Department, enabling them to identify and schedule business opportunities with Oman Air via an online portal.

Paul Gregorowitsch said: “Oman Air is pleased to have signed this MoU with Riyada. It will strengthen and diversify the airline’s supply chain, support the development of the Sultanate’s SME sector and increase employment opportunities for many Omani citizens.”

The importance of SMEs to Oman’s economy has long been recognised. With the support of the government, the sector is growing rapidly, creating jobs and encouraging innovation.

The MoU was initiated by Dr Khalid Abdul Wahab Ahmed Al Balushi, senior manager Government Relations and Sustainability.
 
“In addition to the clear business benefits for both Oman Air and local companies, this MoU makes an important contribution to the airline’s corporate social responsibility strategy. We are therefore proud to be supporting Oman’s SMEs and helping them to create more jobs and increase diversification. Both are major goals for the Omani government and we look forward to working closely with Riyada to further the aims of the Sultanate,” Al Balushi said. – TradeArabia News Service