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 has unveiled its first AI and Advanced Technologies Zone in Muscat, a $265 million project led by Afouq Developments and Egypt’s Prime Group in collaboration with MTCIT. Spanning 100,000 square meters, the hub will attract global startups and drive Oman Vision 2040’s goals of digital transformation and economic diversification.
The Artificial Intelligence & Advanced Technologies Zone, launched through a strategic partnership between Oman’s Afouq Developments, Egypt’s Prime Group, and the Omani MTCIT, marks a milestone for Oman’s digital economy. Announced at COMEX 2025, it aims to attract global tech start-ups, foster AI innovation, and align with Oman Vision 2040.
Omantel is rebranding to become Oman’s national technology powerhouse, expanding beyond telecom into AI, cloud, IoT, and smart city solutions. Backed by 5G, fibre, and subsea cables, it aims to position Oman as a regional digital hub, offering major opportunities for investors and businesses aligned with Vision 2040.
The Digital Cooperation Organisation’s Startup Country Guide 2024 highlights Oman’s evolving startup ecosystem, emphasizing Vision 2040, government incentives, and sectoral opportunities in fintech, AI, 5G, and IoT, supported by initiatives like the Oman Future Fund and OTF’s Techween.
Omantel and GlobalTech Corporation have signed a non-binding MoU to explore collaboration on AI and Big Data services. The partnership aims to develop AI-driven solutions for sectors including fintech, retail, compliance, and HR, leveraging Omantel’s infrastructure and GlobalTech’s expertise. Aligned with Oman Vision 2040, this initiative supports economic diversification and technological innovation, aiming to enhance digital transformation and strengthen Oman’s position as a regional technology hub.
Ericsson’s ‘Imagine Live’ in Oman brought together telecom partners to explore 5G, AI-native networks, and programmable infrastructure, advancing Oman Vision 2040. The event fostered collaboration on digital transformation, network modernization, and ecosystem development to drive innovation and economic diversification in the Sultanate.
TCS strengthens its Middle East presence with a new engineering facility in Oman, supporting Vision Oman 2040 through digital innovation, talent development, and sectoral partnerships. This move enhances Oman’s tech ecosystem, reflecting TCS’s commitment to regional growth and global leadership in IT services.
Omantel reported RO 3.03 billion in revenue for 2024, driven by strong domestic growth and regional performance through Zain Group. Its new “Portal to the Future” strategy focuses on AI, cloud, fintech, and sustainability, positioning the company as a key enabler of Oman Vision 2040 and regional digital transformation.
Omantel’s transformation into a digital technology leader underpins Oman’s Vision 2040, with strong growth in AI, IoT, cybersecurity, and sustainability, supporting innovation, entrepreneurship, and regional connectivity.
Oman’s Tejarah Talks on April 29 will explore the potential of the country’s sports economy, focusing on opportunities in sports tourism, eSports, and sustainable sports markets. Experts will discuss strategies for leveraging Oman’s unique assets and demographic trends to drive growth in the sector, aligning with Vision 2040 goals.