Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Oman is accelerating digital transformation and investment facilitation under MoCIIP, achieving major gains in FDI, e-government services, manufacturing output, and non-oil exports. With streamlined licensing, unified digital platforms, and strong incentives like the Golden Visa Program, the Sultanate offers a rapidly improving business environment aligned with Vision 2040.
Oman ranks fourth among developing nations in attracting foreign investment for digital infrastructure projects from 2020 to 2024, reflecting its growing role as a regional technology hub. Through national initiatives like the AI and Advanced Digital Technologies Programme, Oman is accelerating its digital transformation and aiming for a significant increase in the digital economy’s contribution to GDP by 2040.
Brookfield Asset Management is close to acquiring a stake in an Omani telecom operator, marking its first investment in Oman’s telecom market. The deal highlights increasing foreign interest amid Oman’s telecom liberalization and digital growth initiatives.
Pakistan’s Deputy Prime Minister Mohammad Ishaq Dar invited Etisalat and e& to invest further in the country’s telecom sector. During a meeting in Dubai with e& officials, Dar emphasized Pakistan’s investment-friendly policies and discussed opportunities for strengthening telecom infrastructure and attracting more foreign investment in the sector.