Students Showcase the Growing Diversity and Modernisation of Omani Entrepreneurism

22nd November 2015, Muscat

Omantel has signed an agreement to renew its long-term partnership with Injaz Oman, under which it will support the non-profit group’s activities throughout the 2015-2016 season, as well as its upcoming participation in Injaz Al Arab’s Young Entrepreneurs Competition held in Muscat on the 25th of November.

The regional competition will see Omantel reaffirm its commitment to the development of local youth, as it helps to determine the ‘Best Student Company’ as an Official Judge and Platinum Sponsor of the event.

“Our four years of partnership with Omantel has provided great support to our delivery of practical, hands-on programmes for thousands of youngsters in local communities. When we first launched our Sharikati Programme in 2012, we were tutoring 17 teams at one university; last month saw the close of our 2014 season, during which we inspired the competitive participation of over 70 teams from 21 colleges and universities,” said Shabib Al Maamari, Executive Director at Injaz Oman. “Omantel has been an integral part of our success, and throughout the upcoming season we are aiming to inspire continued growth in our youth engagement initiatives, and raise the number of young people that we are reaching.”

Hamdan Al Harrasi, General Manager of Corporate Affairs Unit at Omantel, commented, “Our partnership with Injaz Oman is important and a key contribution to the national drive for the development of Small and Medium Enterprises (SME), with the youth of tomorrow at the helm. By connecting with young people in an educational capacity we are able to promote In-Country Value by nurturing and directing the youth’s entrepreneurial spirit. This is critical to the development of the Sultanate’s economy, with SMEs forming the base of the country’s economic revenues.”

Injaz Oman’s contribution to generating In-Country Value in 2014 was primarily supported by its sponsor Nama Group, the umbrella company for the Sultanate’s 12 electricity subsidiaries. Contributing 150 volunteers, the Group supported the growth of the Sharikati Programme, where the youth were encouraged to develop business models and concepts focused on renewable energy, with the company Eureka emerging victorious.