Oman Development Bank, Arab Planning Institute Ink MoU on Training, Consultancy

Kuwait, 15 Feb (ONA)—Oman Development Bank (ODB) today signed a memorandum of understanding (MoU) with the Arab Planning Institute in Kuwait to consolidate joint cooperation in the fields of training, capacity building, studies and consultations.

The MoU also states that the two sides will hold events and forums that serve the entrepreneurship sector and small and medium enterprises (SMEs) in Oman.

The MoU will contribute to enhancing the bank's contribution to financing SMEs specialized in innovative projects that have in-country value (ICV) and employ Omani youth.

The MoU was signed by Eng. Mohammed AbuBakr Al Ghassani, Chairman of ODB Board of Directors, and Dr. Badr Othman Malallah, Director General of the Arab Planning Institute.

Ends/Bishara/AH