ADFIMI – ODB JOINT REGIONAL SEMINAR SME DEVELOPMENT, Muscat, Oman, 13-16 February 2017
Report on
ADFIMI – Oman Development Bank Joint Regional Seminar on
“SME DEVELOPMENT”
held under the patronage of
H.E. Dr. Ali bin Masoud Al Sunaidy,
Minister of Commerce and Industry
Crowne Plaza Hotel, Muscat, Oman, 13-15 February 2017
Background:
ADFIMI organised a seminar in collaboration with Oman Development Bank under the sponsorship umbrella of IDB, in order to review the state of SME Development and Finance, exchange information among NDFIs of IDB member countries.
General Overview
The seminar was attended by over 110 persons coming from 22 countries and 36 institutions.
H.E. Dr. Ali bin Masoud Al Sunaidy, Minister of Commerce and Industry of Oman kindly acted as the patron of the event.
Dr. AbdulAziz Al-Hinai, CEO of Oman Development Bank and Datuk Mohd Radzif Mohd Yunus, Managing Director of SME Development Bank, Malaysia made welcoming remarks.
The seminar proper began with the keynote speech by Mr. Khaled Mohammed Al-Aboodi, CEO of ICD which was considered an excellent account of SME development in the region.
The seminar then proceeded in accordance with the attached schedule.
Dato’ Prof. Dr. Azmi Omar was the second keynote speaker on the second day when he presented a comprehensive account of ‘Traditional and Alternative Finance Models: Status, Issues, Prospects and Challenges’
There were two panels on the third day on ‘Innovative tools for SME Financing’ and ‘Strategic Issues of SME Development’.
Mr. Imran Ahmad, Additional Director, State Bank of Pakistan presented a short account of what has been covered by the seminar.
Outcome:
The seminar provided a platform for financing professionals, policy makers and market players to discuss alternative models in addressing challenges in developing entrepreneurs of IDB Member countries as well as networking among SME development and finance institutions in Member Countries of Islamic Development Bank. Several novel ideas were shared during the seminar to the benefit of the attendees.
All in all, it was considered an astounding success by the participants and impressed by the seminar several attendees proposed ADFIMI to annually hold a regular meeting on “SME Development and Finance” to follow developments in the SME sector in IDB Member countries. This proposal will be evaluated by ADFIMI Management Committee.
Dr. Hinai’s recommendation made in the closing session concerning the follow up of this event on an annual basis is much appreciated and will be worked upon by ADFIMI.
ADFIMI is grateful to Dr. Al Hinai, CEO of Oman Development Bank and his team for a wonderful and generous hospitality.
Click here for flyer.
SCHEDULE of ADFIMI – OMAN DEVELOPMENT BANK JOINT REGIONAL SEMINAR on
“SME DEVELOPMENT”,MUSCAT, OMAN, 13-15 FEBRUARY 2017
|
DAY 1 (13 February 2017) |
|
|
Time |
Program |
|
09.00 – 09.30 |
Registration |
|
09.30 – 09.45 |
Opening Remarks by Dr. AbdulAziz Al-Hinai, CEO of Oman Development Bank |
|
09.45 – 10.00 |
Opening Remarks by Vice Chairman of ADFIMI – Datuk Mohd. Radzif Mohd. Yunus, Group Managing Director, SME Development Bank, Malaysia |
|
Session 1 10.00 – 10.30 |
Keynote Speech on “The Present Status and Future Prospects for SME’s in the Middle East” by Mr. Khaled Mohammed Al-Aboodi, CEO, Islamic Corporation for the Development of Private Sector (ICD) |
|
10.30 – 11.30 |
Photo Session – Coffee Break |
|
Session 2 11.30 – 13.00 |
Country Experiences Moderator: Ms. Sharifa Al-Barami, Managing Director, Oman Accelerator Fund
|
|
13.00 – 14.00 |
Lunch Break |
|
Session 2 (Contd.) 14.00 – 15.00 |
Country Experiences (Continued) Moderator: Ms. Hana Abdulmohsen Al-Zuhair, Vice CEO of Prince Sultan Fund for Women Development, Saudi Arabia
|
|
15.00 – 15.30 |
Coffee Break |
|
Session 3 15.30 – 17.00 |
Special SME Agendas Moderator: Mr. Hasan Kimya Bolat, CEO, İş Leasing
|
|
18.00 – 20.00 |
Gala Dinner at AC Bustan Place – Ritz Carlton Hotel |
|
End of day 1 |
|
|
DAY 2 (14 February 2017) |
|
|
Session 4 09.00 – 09.45 |
Keynote Address on Traditional and Alternative Finance Models: Status, Issues, Prospects, Challenges by Dato’ Prof. Dr. Mohamed Azmi Omar, Director General of IRTI |
|
Session 5 09.45 – 11.00 |
Country Experiences on SME Development Moderator: Mr. Harith Harun, Managing Director & CEO of Maldives Islamic Bank
|
|
11.00 – 11.30 |
Coffee Break – Networking Break |
|
Session 5 (Contd.) 11.30 – 12.30 |
Country Experiences on SME Development (Continued) Moderator: Mr. Harith Harun, Managing Director & CEO of Maldives Islamic Bank
|
|
12.30 – 13.30 |
Lunch Break |
|
Session 6 13.30 – 15.30 |
Innovation, Incubation and Entrepreneurship Moderator: Mr. Quazi Shairul Hassan, Managing Director, Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO)
|
|
15.30 – 16.00 |
Coffee Break |
|
16.00 – 17.00 |
Evaluation and Certificate Ceremony |
|
18.30 – 20.30 |
Sight Seeing City Tour |
|
End of day 2 |
|
|
DAY 3 (15 February 2017) |
|
|
Panel Discussion 1 09.00 – 10.15 |
New Innovative Tools for SME Financing Moderator: Mr. Mohammed Al Amri, Raffd Fund
|
|
10.15 – 10.45 |
Coffee Break |
|
Panel Discussion 2 10.45 – 11.30 |
Strategic Issues of SME Development Moderator: Mr. Khalid Al Haribi, Head of Public Authority for SME Development, Riyada, Oman
|
|
11.30 – 12.00 |
Seminar findings by Rapporteur of the Seminar, Mr. Imran Ahmad, Additional Director – SME Banking, Housing & SME Finance Department, State Bank of Pakistan |
|
12.00 – 12.30 |
Concluding Remarks by Datuk Mohd. Radzif Mohd. Yunus, Group Managing Director, SME Development Bank, Malaysia and Dr. AbdulAziz Al-Hinai, CEO of Oman Development Bank |
|
Social Programme 15.00 – 19.00 |
Social Programme and short tour around Muscat |
