PR
OIFC Khedmah Signs Exclusive Agreement to Promote Omantel Products in its Branches

Muscat: A joint venture between Oman Investment and Finance Company (OIFC), Khedmah and Omantel will allow the Sultanate’s largest Investment and Service Company to sell Omantel products in five branches, including Ruwi commercial district, Al Khuwair, Al Hail, Barka, and Sohar. In addition to diversifying Khedmah’s telecommunications portfolio, the deal enables it to expand its presence in Oman’s information technology industry. Saud Al Siyabi, the Chief Operating Officer signed on behalf of OIFC Khedmah, whereas Salim Qatan General Manager consumer sales at Consumer Business Unit at Omantel
Commenting on this, Saud Al Siyabi, Chief Operating Officer of OIFC, said: “As a result of this agreement with Omantel, we have expanded our addressable market and are opening up new growth prospects in these five areas in the Sultanate. The collaboration will increase our competitiveness in the region by delivering products that are specific to the market. Having these partnerships adds value to our business, resulting in incremental growth,” said Al Siyabi. “There is tremendous potential in these regions, and we are now well positioned to extend our footprint by partnering with leading companies in this space,” he added.
Through OIFC’s strong network of 68 branches spread throughout the country, its well-equipped kiosks and other digital platforms, which include the popular Khedmah app, customers can easily pay their electricity, water and telephone bills, recharge their phones, and also pay their electricity prepaid meter bills. In addition, customers can make payments to the Public Authority for Social Insurance (PASI) and recharge any entertainment subscription.
With features that highlight OIFC’s customer service standards, the Khedmah App is easy to download and simple to use, helping to promote the concept of a paperless payment system within the country. As a unified platform that offers a bouquet of services catering to both nationals and residents, Khedmah has been deploying comprehensive, goal-based plans that promote social inclusivity, drive sustainability and focus on innovation in services.
-
Banking & Finance4 weeks ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, May 2025
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, May 25
-
Bahrain4 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Banking & Finance1 month ago
The Future of the International Financial System to be discussed at SPIEF 2025