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News and Events

 
December 20, 2021
Entrepreneurship in the Sultanate of Oman is achieving an excellent growth rate

Entrepreneurship in the Sultanate of Oman is achieving an excellent growth rate

The annual report of "Global Entrepreneurship Monitor 2021" issued by the Center for Entrepreneurship at the University of Nizwa and in cooperation with the Small and Medium Enterprises Development Authority, reviewed the most important and...
December 15, 2021
Important indicators in the Sultanate of Oman’s budget for 2022

Important indicators in the Sultanate of Oman’s budget for 2022

After it was exhausted by the drop in oil prices during the past years and the repercussions of the Corona pandemic, the Sultanate of Oman keeps trying to overcome its annual...
December 12, 2021
MENA startups raised $284 million in November

MENA startups raised $284 million in November

MENA startups raised $284 million across 71 deals in November 2021 which means an increase of 89% compared to the previous month and a whopping 666% increase compared to November last...
December 7, 2021
COMEX 2022 Oman

COMEX the most prominent exhibition in Oman soon in May 2022

COMEX, the most prominent exhibition in the Sultanate of Oman in the field of information and communication technology, is held annually with the support of the Information Technology Authority; It provides access to future tools,...
December 4, 2021
2021 has been an exceptional year for venture capital investments in the MENA

2021 has been an exceptional year for venture capital investments in the MENA

2021 has been an exceptional year for venture capital investments in the Middle East and North Africa, which have reached nearly $3 billion so far. In October 2021, the volume of funding increased by 181% compared to October last year, reaching $150 million, which imposes...
November 24, 2021
The launch of the “Dubai Future District” fund of one billion dirhams

The launch of the “Dubai Future District” fund of one billion dirhams

In order to accomplish the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, announced launching the “Dubai Future District Fund” with a value of one billion dirhams in its first step
November 16, 2021
2021 is the year of massive investments in the Middle East

2021 is the year of massive investments in the Middle East

As October starts and third quarter of 2021 is passed, for the first time the volume of investments in startups in the Middle East and North Africa exceeded the $2 billion. Almost half of these investments (i.e., $1 billion) were injected during the...
November 10, 2021
Unicorn companies are heading to the Middle East

Unicorn companies are heading to the Middle East

Ahmed Al-Falasi, the UAE Minister of State for Entrepreneurship and Small and Medium Enterprises, at a conference in Dubai, said that UAE aims to attract 20 startups which are called “Unicorn Companies” by...
November 3, 2021
Ericsson and Omantel launch an entrepreneurship program

Ericsson and Omantel launch an entrepreneurship program to support innovators and entrepreneurs in Oman

Omantel and Ericsson signed a Memorandum of Understanding to promote technological innovation initiatives through Omantel Innovation Labs. Omantel Innovation Labs was introduced in July 2021 as one of the main initiatives launched by Omantel to...