Muscat: Furthering its position as a leaning company working with the water and energy sector, Oman Investment and Finance Company (OIFC) Khedmah signs an agreement with Honeywell, (Nasdaq: HON). This agreement supports Khedmah’s continuous effort to offer innovative solutions to its customers, individuals and corporates, in order to reduce their carbon footprint, and contribute towards a more sustainable future. The agreement was signed on January 9, 2023 at the Sheraton Oman Hotel, with the presence of Mr. Said bin Ahmed Safrar, OIFC’s Chief Executive Officer, and Umar Khan, General Manager for Energy, Sustainability and Smart Cities of Honeywell Building Technologies, Middle East, Turkey and Africa, paired with senior management teams from both parties.

Commenting on the agreement, Mr. Said bin Ahmed Safrar commented, “This fruitful collaboration aligns with the royal directives to stay current with global advancements in clean energy and sustainable practices, and supports the company’s endeavors towards digitalization and the incorporation of environmentally conscious measures. Khedmah consistently endeavors to establish mutually advantageous alliances with industry leaders to offer exceptional service across all its locations. Our collaboration with Honeywell exemplifies the company’s commitment and efforts to promote sustainability within the lives and future plans of our clients.”

The agreement between Khedmah and Honeywell will help make available innovative and more environmentally friendly solutions to customers. Through offering efficient solutions that help reduce customers’ carbon footprints, this collaboration also supports the country’s journey to establish smart and sustainable cities. Specifically, Honeywell will deploy its advanced sustainability and smart city solutions, including Honeywell Buildings Sustainability Manager. Powered by Honeywell Forge, Honeywell Buildings Sustainability Manager is a suite of solutions designed to help reduce the environmental impact of buildings, and support carbon neutrality. By utilizing artificial intelligence (AI) and machine learning (ML), customers will benefit from smarter, more sustainable buildings without compromising on the occupant experience. 

From his side, Umar Khan, added, “Honeywell is fully committed to leading change towards a more sustainable digital future and to help enable our customers’ sustainability efforts and support their carbon reduction goals. Together, with Khedmah’s service network, we will support the Sultanate’s strategic goals by deploying our advanced solutions across buildings, communities and cities to help reduce their carbon impact and support ESG goals.”

This strategic signing with Honeywell solidifies Khedmah’s commitment to investing in mutually beneficial relationships that enhance the value offered to its clients and enable the implementation of advanced and efficient technologies in the energy industry. Additionally, this partnership expands the range of services offered by Khedmah, which include the ability to recharge entertainment channels, process vehicle insurance payments, and make payments to the General Authority for Social Insurance among others.