Oman
Ministerial Circular Grants Priority To Local Firms In Digital Transformation Projects
The Ministry of Transport, Communications and IT issued a ministerial circular to all units of the State’s Administrative Apparatus stating that all companies shall be given an opportunity when these units issue tenders for government digital transformation projects.
The circular stressed that priority shall be granted to local technology companies.
The Ministry explained that local technology companies may compete towards the implementation of government digital transformation projects if the firms meet the technical requirements.
The circular affirms the Ministry’s keenness to include evaluation criteria that support local technical products and services. It focuses on local firms that are committed to applying higher rates of Omanization and offer opportunities for professionals in technical fields. The aim is to empower and support the local economy.
The Ministry urged units of the State’s Administrative Apparatus to shortlist opportunities in projects and initiatives within a unit’s digital transformation plan.
The projects can be implemented through the assistance of emerging technology companies, small and medium technology companies and self-employed entrepreneurs in Oman, according to the regulations followed in this regard.
The second batch of the “Jadarah (Efficiency)” initiative was launched in the first quarter of 2023 by the Ministry in cooperation with the Secretariat General of the Tender Board.
Through the initiative, locally-developed technical products are given access to government institutions and companies.
The initiative lends support to nascent technology companies, providing them with an opportunity to test their products and apply them in the target institutions.
It also seeks to undertake necessary measures and coordinate with target institutions to test the local technology firms’ products.
This is in addition to promoting and marketing locally developed products. It targets emerging local technology companies that have standard-quality technical products of use to government departments.
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
News3 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment1 month agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News3 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
Magazines1 month agoSignature Oman: May 2026 Edition
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Economy3 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
