Riyada urges entrepreneurs to apply deferments

Muscat: Small and Medium Enterprises Development Authority (Riyada), has urged entrepreneurs who benefit from Al Raffd Fund to review the nearest branch of Oman Development Bank and complete the formalities related to deferring their instalments.

A statement issued online by Riyada said: "Based on the decisions of the Supreme Committee to deal with COVID-19 regarding deferring the instalments of the beneficiaries of the financing support of Al Raffd Fund until the end of 2021, we would like to warn that the entrepreneurs benefiting from Al Raffd Fund should review Oman Development Bank to finalize the procedures related to their respective deferments."