OIFC Khedmah signs exclusive agreement to promote Omantel products in its branches

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