Beehive Partners with Taageer Finance to Expand SME Financing in Oman

MUSCAT, Oman, Sept. 17, 2026 /CourierPR/ -- Beehive, the region’s first digital peer-to-peer SME financing platform, has partnered with Taageer Finance Co. SAOG, one of Oman’s leading finance companies, to expand access to financing for small and medium-sized enterprises (SMEs) across the Sultanate. This collaboration aims to support at least OMR 36 million in financing for eligible SMEs, with a minimum of two years of trading history.

To date, Beehive Oman has supported financing for more than 270 SMEs across Oman. Since its inception, Taageer Finance has financed more than 22,000 SME customers across 15 key economic sectors. The partnership brings together Beehive's digital financing capabilities and SME-focused platform with Taageer Finance's extensive experience and established market presence.

Sheikh Khalil Al Harthy, CEO of Taageer Finance, emphasized the importance of SMEs to Oman's economic growth.

Peter Tavener, Co-Founder and Group CEO of Beehive, added, "Partnering with Taageer gives Omani SMEs a strong new route to funding. Combining Taageer's financial strength with our streamlined processes and reach on the ground means we can get more businesses funded, faster."

The collaboration is part of a broader effort to support the growth ambitions of SMEs and contribute to the wider development of Oman's economy in line with the objectives of Oman Vision 2040. According to Tavener, the partnership is intended to expand access to finance, supporting businesses in their growth and contributing to the economic diversification of the Sultanate.

Taageer Finance Co. SAOG, established in Oman in 2000, provides financing solutions to individuals and businesses. Major shareholders include the Oman Investment Authority, the investment arm of the Sultanate of Oman. Regulated by the Central Bank of Oman, it offers retail, SME, and Corporate loan products across the Sultanate through a network of 10 branches.

Beehive Group Holdings Limited, founded in 2014, is the first digital SME funding platform in the MENA region regulated by the DFSA. Headquartered in Dubai, Beehive connects businesses seeking finance with investors who can support their growth, offering a faster, more affordable alternative for SMEs across the GCC.