Mamun Expands Trade Finance Services to Oman-Sri Lanka Corridor, Leveraging Oman's Strategic Trade Position and Global Trade Agreements

Mamun, Oman's leading alternative investment platform, is proud to announce the expansion of its trade finance services to support the Oman-Sri Lanka trade corridor through the establishment of a representative office in Colombo. This strategic initiative, coordinated with the Embassy of the Sultanate of Oman in Sri Lanka, reinforces Mamun’s commitment to facilitating cross-border trade and investment, positioning itself as the preferred financing partner for businesses in the region.

Oman's Strategic Location and Expanding Trade Networks

Oman's unique geographical position at the crossroads of major international trade routes, bordering the Indian Ocean and connecting markets in the UAE, Saudi Arabia, and East Africa, makes it an essential reexport and transit hub. This advantageous location allows Oman to serve as both a point of origin and a critical link for trade flowing from various parts of the world. The country’s ports and state-of-the-art logistics infrastructure further bolster its role as a gateway for trade to and from South Asia, the Middle East, and Africa.

Mamun’s strategic expansion will harness these advantages, positioning Oman as a nexus for goods moving from global markets into the region. In addition, Oman's active pursuit of Free Trade Agreements (FTAs) enhances its appeal as a trade partner. The existing FTA between Oman and the USA facilitates tariff-free trade, opening significant opportunities for businesses engaging in U.S.-Oman commerce. Negotiations for FTAs with major economies like China and India, currently in progress, are set to further elevate Oman’s status as an international trade and finance powerhouse.

Innovative Trade Finance Solutions and Future-Ready Technology

Mamun’s alternative investment platform leverages cutting-edge technology to provide flexible trade finance solutions that streamline processes, reduce transaction times, and offer quicker access to funding. These services are particularly impactful for SMEs that seek to navigate complex cross-border trade landscapes efficiently. In line with its commitment to technological advancement, Mamun’s roadmap includes leveraging blockchain technologies to offer new, secure, and transparent solutions in trade finance and alternative investments. This strategic focus aims to further enhance transaction security, improve transparency, and streamline multi-party trade processes.

Future Growth and Strategic Vision

The establishment of the Colombo office marks the beginning of Mamun’s broader vision to expand its satellite presence and form strategic partnerships in other regions. This will enable businesses to benefit from Oman's pivotal role as both a reexport hub and a conduit for global trade. By leveraging FTAs and enhancing its regional footprint, Mamun solidifies its position as the financing corridor of choice for businesses operating across interconnected trade routes.

Empowering Businesses Across Borders

Mamun’s innovative trade finance solutions will now be accessible to investors and businesses in Sri Lanka, providing seamless onboarding and expanded opportunities for growth. This initiative reflects Mamun’s commitment to bridging trade finance gaps and supporting a dynamic, globally connected economic ecosystem.

About Mamun Mamun is an alternative investment platform committed to empowering businesses and investors with innovative trade finance solutions. By leveraging Oman's strategic position, expanding trade agreements, and embracing blockchain technology, Mamun fosters economic growth and connects markets across the globe.