Sohar International, one of Oman’s banks, has formed a strategic partnership with PayMate India, a B2B payments and solutions provider. The collaboration aims to digitize, automate and streamline B2B payments in Oman using bank-issued corporate credit cards, the companies said in a Tuesday (Aug. 29) press release. By...
Sovereign wealth funds (SWFs) of the Gulf Cooperation Council (GCC) are emerging as major centers of economic gravity whose movements affect the entire world, so when one of them indicates an interest in capitalizing on the weak pound to snap up U.K. tech companies, it...
Often referred to as rentier states due to their dependence on oil revenue, Gulf Cooperation Council (GCC) countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) — have all set out economic transformation agendas to diversify their economies and reduce...
Snoonu, the tech startup from Qatar, has acquired Akeed, an Omani food delivery platform, a press release says. This will help the company towards its goal of being a local tech unicorn, meaning a company worth $1 billion or more. This will also assist Snoonu...
December 29, 2023
B2B payment platform OnlineCheckWriter.com has expanded its cloud banking service to provide entrepreneurs and freelancers in Oman with the ability to open a U.S. account remotely. This expansion aims to facilitate effortless payments to U.S. vendors, affiliates, employees and partners globally, allowing Omani businesses to engage in international transactions without the need to be physically […]
August 30, 2023
Sohar International, one of Oman’s banks, has formed a strategic partnership with PayMate India, a B2B payments and solutions provider. The collaboration aims to digitize, automate and streamline B2B payments in Oman using...
May 29, 2022
Snoonu, the tech startup from Qatar, has acquired Akeed, an Omani food delivery platform, a press release says. This will help the company towards its goal of being a local...
January 09, 2020
The largest port in Oman, the Port of Salalah, has joined the blockchain shipping platform TradeLens, in an effort to transform into a more digital friendly enterprise, according to a...
