Muscat: These agreements, valued at more than RO 35 million, include partnerships with tech giants such as Google, Amazon, Microsoft, TCS, and Virtusa.

The agreements involve Omantel, Oman Data Park, Iqaa Group, and OQ, focusing on establishing data centers, adopting cloud solutions, artificial intelligence technologies, and other advanced technologies. These initiatives are part of an integrated effort to support the communications and information technology sector, foster emerging tech companies, and enhance the localization of new digital economy industries, thereby improving the investment environment in Oman’s technology sector.

Omantel, Oman Data Park, Iqaa Group, and OQ signed agreements with Google, Amazon, Microsoft, TCS, and Virtusa, with focus on establishing data centers, cloud solutions, AI technologies, and other advanced tech.

Atef bin Saeed Al Siyabi, Head of Information Management at the Oman Investment Authority, emphasized the Authority’s commitment to the technology sector, aligning with the government’s vision of building a sustainable digital economy under Oman Vision 2040. He highlighted the importance of bringing and localizing technology to target local sectors through various programs and initiatives.

Al Siyabi further stated that the Authority and its companies are dedicated to supporting startups and SMEs in the technology sector through significant initiatives and agreements, reflecting a cooperative approach to promoting innovation and growth in Oman.

In addition to these international agreements, the Authority’s companies will also form strategic partnerships and cooperative agreements with several governmental and private institutions and banks.