Oman Investment Authority signs tech agreements worth over RO 35 million at COMEX 2024

Oman Investment Authority signs tech agreements worth over RO 35 million at COMEX 2024

On the sidelines of the COMEX 2024 exhibition, companies affiliated with the Oman Investment Authority signed over 30 programs, agreements, and initiatives with leading international technology firms.

The post Oman Investment Authority signs tech agreements worth over RO 35 million at COMEX 2024 appeared first on The Arabian Stories News.Muscat: These agreements, valued at more than RO 35 million, include partnerships with tech giants such as Google, Amazon, Microsoft, TCS, and Virtusa.

The agreements involve Omantel, Oman Data Park, Iqaa Group, and OQ, focusing on establishing data centers, adopting cloud solutions, artificial intelligence technologies, and other advanced technologies. These initiatives are part of an integrated effort to support the communications and information technology sector, foster emerging tech companies, and enhance the localization of new digital economy industries, thereby improving the investment environment in Oman’s technology sector.

Omantel, Oman Data Park, Iqaa Group, and OQ signed agreements with Google, Amazon, Microsoft, TCS, and Virtusa, with focus on establishing data centers, cloud solutions, AI technologies, and other advanced tech.

Atef bin Saeed Al Siyabi, Head of Information Management at the Oman Investment Authority, emphasized the Authority’s commitment to the technology sector, aligning with the government’s vision of building a sustainable digital economy under Oman Vision