Oman Investment Authority signs deal worth $91mn with global companies

  • Date: 25-May-2024
  • Source: GCC Business News
  • Sector:Technology
  • Country:Oman
  • Who else needs to know?

Oman Investment Authority signs deal worth $91mn with global companies

The Oman Investment Authority’s (OIA) affiliated companies have signed more than 30 agreements and initiatives with a total value exceeding $91 million with leading international companies in this field. The agreements signed, on the sidelines of the COMEX 2024 exhibition, by Omantel, Oman Data Park, Iqaa Group, and OQ with leading international companies such as Google, […]The Oman Investment Authority’s (OIA) affiliated companies have signed more than 30 agreements and initiatives with a total value exceeding $91 million with leading international companies in this field.

The agreements signed, on the sidelines of the COMEX 2024 exhibition, by Omantel, Oman Data Park, Iqaa Group, and OQ with leading international companies such as Google, Amazon, Microsoft, TCS, and Virtusa, vary between establishing data centers and announcing the adoption of cloud solutions, artificial intelligence technologies, and other technologies.

This embodies the vital integrated system of the communications and information technology sector, supports emerging technology companies, enhances the localization of new industries on which the digital economy is based, and serves the investment climate in the Omani technology sector.

Atef bin Saeed Al Siyabi, Head of Information Management at the Oman Investment Authority, confirmed that the Authority and its companies attach great importance to the technology sector, which embodies