IT
Omantel, OTF ink MoU to develop digital ecosystem

Omantel has signed a Memorandum of Understanding (MoU) with the Oman Technology Fund (OTF) to explore potential areas of partnership in developing new technology for entrepreneurs in the Sultanate.
The MoU was signed by Talal bin Said al Maamari, CEO of Omantel and Eng Yousuf bin Ali al Harthy, CEO, Oman Technology Fund.
The MoU covers partnerships in new high-value and high-growth areas, including collaboration on new technology products, e-Services and advanced technologies to enhance the overall digital eco-system in the Sultanate. The MoU will also develop innovative products and services, promote digitization of the industry and enable an eco-system that encourages the development of tech entrepreneurship.
Talal al Maamari, CEO of Omantel said: “We are pleased to sign this partnership with Oman Technology Fund in line with our commitment to supporting young entrepreneurs and high impact firms offering cutting edge technology solutions. This collaboration reflects our vision and continued efforts in providing innovative services and propositions across all sectors, to support the government’s digitalization agenda and enhance performance efficiency in accordance with Omantel’s 3.0 strategy. The MoU with the OTF is one of our benchmark initiatives since the fund is predicated on developing innovative services and solutions that contribute to enhancing the technology sector across the Sultanate.”
Yousuf al Harthy, CEO of OTF said: “We are proud to partner with one of the most dynamic and innovative telecommunications companies in the region. As part of the MoU, the Oman Technology Fund and Omantel will work together to promote andINVEST in the creation of new technological solutions and help entrepreneurs accelerate their business. Oman is increasingly adopting more digital solutions across business verticals and we are very excited to be part of this growth story.”
-
Banking & Finance1 month 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
-
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
-
Banking & Finance2 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
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
You must be logged in to post a comment Login