Thawani Technologies has achieved a significant milestone in Oman’s fintech sector, securing a spot on Forbes Middle East’s Top 50 Fintech Companies list for the second consecutive year. The company advanced four places, claiming the 36th position for 2025, up from 40th in 2024. This recognition underscores Thawani’s growing influence and success in the region’s competitive fintech landscape.
The Forbes Middle East list evaluates fintech companies based on a range of criteria, including funding, digital transactions, app downloads, user engagement, service impact, geographic expansion, and overall growth. Thawani’s improved ranking reflects its strong performance across these indicators.
Eng. Majid Al Amri, CEO of Thawani Technologies, expressed pride in the company’s achievements, stating that this recognition highlights Thawani’s commitment to providing innovative financial solutions that support Oman’s digital transformation. Al Amri also emphasized that the company’s success is a testament to the strength and competitiveness of Oman’s fintech sector, which continues to grow and evolve.
This recognition aligns with the goals of Oman Vision 2040, which aims to foster a diverse and advanced digital economy. Thawani Technologies is dedicated to advancing financial inclusion in Oman, contributing to the country’s position as a fintech leader in the region.
Oman’s efforts to enhance its fintech infrastructure, including regulatory sandboxes, open banking strategies, and innovative financial products, have solidified its position as a regional fintech hub. This achievement will likely attract further investment into the country’s burgeoning digital economy, supporting the growth of financial technology and enhancing overall economic development.