The Future Fund of Oman (FFO), an affiliate of the Oman Investment Authority, has announced the launch of a new lending portfolio dedicated to supporting small and medium enterprises (SMEs). The initiative aims to expand access to flexible financing solutions and strengthen Oman’s entrepreneurship ecosystem.
The new service enables SMEs to access loans within just two weeks, with flexible repayment plans tailored to meet operational needs and support sustainable growth. The portfolio will be operated in partnership with Beehive, the region’s leading digital SME lending platform that leverages artificial intelligence to evaluate applications, and in collaboration with Sohar International to ensure compliance with fund standards.
Rashid bin Sultan al Hashmi, Senior Director of FFO, stated: “This new lending window responds to entrepreneurs’ needs identified during our nationwide promotional tours. Applications showed a strong preference for loan financing to cover working capital such as salaries, rent, and operating expenses.”
Meanwhile, Peter Tavener, Co-Founder and CFO of Beehive, commented: “This partnership marks a significant strategic milestone for Beehive, reinforcing the strength of our business model and enabling us to address the rising demand for SME financing in Oman.”
Since its establishment in 2024, FFO has committed investments in 45 projects worth $3.248 billion, including $2.223 billion in foreign direct investment. These projects have created over 1,600 jobs and contributed to economic diversification across ten key sectors.
