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    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

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    Egypt’s food industries contribute 24.5% of GDP

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    $36mln contract for construction of Duqm fisheries complex

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    Ministry signs agreement to support Oman’s honey industry

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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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      Profits at top Saudi banks jump 17.6% in Q1

      Profits at top Saudi banks jump 17.6% in Q1

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      Egypt’s Trade minister, Hungarian ambassador discuss economic relations

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      Oman Construction Equipment Industry to 2028

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      $36mln contract for construction of Duqm fisheries complex

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      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

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      Madayn working on major Oman industrial city projects

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      Foundation stone laid for new 700-bed hospital is Salalah, Oman

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        Fitch revises Saudi Aramco’s outlook to positive from stable

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        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

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          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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          COVID-19 vaccine could be available by autumn: Oxford University

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          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

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          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Egypt’s food industries contribute 24.5% of GDP

          Egypt’s food industries contribute 24.5% of GDP

          $36mln contract for construction of Duqm fisheries complex

          $36mln contract for construction of Duqm fisheries complex

          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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            Profits at top Saudi banks jump 17.6% in Q1

            Profits at top Saudi banks jump 17.6% in Q1

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            New study reveals that UAE is most competitive economy in the Arab world

            New study reveals that UAE is most competitive economy in the Arab world

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

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            Oman Construction Equipment Industry to 2028

            Oman Construction Equipment Industry to 2028

            $36mln contract for construction of Duqm fisheries complex

            $36mln contract for construction of Duqm fisheries complex

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            Madayn working on major Oman industrial city projects

            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

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              Suez Canal expects US$3.5 billion in revenues in H1

              Suez Canal expects US$3.5 billion in revenues in H1

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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                UAE sends medical aid to Iraq to fight COVID-19

                UAE launches phase III trial of inactivated Covid vaccine

                UAE launches phase III trial of inactivated Covid vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Government initiatives underpin ICT growth in Oman

              Oxford Business Group

              November 14, 2015
              in IT & Telecom
              0

              A range of government initiatives are driving ICT adoption in Oman, as the sultanate works to connect all homes and businesses to the national broadband network by 2040.

              Sector growth is being driven in part by government efforts to promote connectivity, a key element of the broader Digital Oman Strategy (eOman) launched in 2003, which is focused on developing IT skills, digital literacy and e-government services.

              Policy goals
              The eOman strategy, which is being spearheaded by the Information Technology Authority (ITA), the sector regulator, is aimed at expanding ICT uptake across all sectors of the economy by developing the requisite support infrastructure, promoting training initiatives and backing start-ups.

              These are just the early stages of a far more ambitious programme, the authority’s CEO Salim Al Ruzaiqi told OBG. “By 2040 we want to develop IT as its own stand-alone, vertical sector – this is our ultimate goal,” he said.

              To keep ahead of growing demand, Oman has been steadily expanding its existing fibre-optic network, as well as granting telecoms providers like Omantel and Ooredoo Oman backbone access to broaden availability of fibre-to-the-home connections.

              The Oman Broadband Company, created in April 2014, is working to expand fibre-optic infrastructure, with the goal of covering 90% of Muscat Governorate by 2021. By 2030, all urban areas are poised to have 95% broadband connectivity, with satellite and/or mobile broadband coverage identified as potential last-mile solutions for difficult to access rural areas.

              The government has also actively sought to promote digital literacy in recent years. By 2013, around 100,000 Omanis had attended internet training programmes, with 90,000 free computers and 72,000 free modems distributed through the country's National PC Initiative, according to the ITA.

              Demand on the rise
              As high-speed connectivity penetration rises, so too will demand for more advanced hardware, both in terms of computers and mobile communications technology. This in turn is expected to fuel demand for software and services, helping to create the vertical growth envisaged by the ITA.

              Uptake of IT services is rising sharply, thanks to strong private sector demand, Alain Sawaya, managing partner of Oman Data Park, the country's oldest and largest managed service and hosting service provider, told OBG. According to Sawaya, the company’s year-to-date revenues were up 35% year-on-year in September as a result.

              “IT is becoming an integral part of business across the globe, and Oman is no exception,” Ahmed Auda, general manager of Gulf Business Machines Oman (GBM), told OBG. “Many private sector clients are now requesting total solutions and are looking to further integrate ICT into their businesses to maximise efficiency and commercial benefits.”

              According to Auda, businesses in sectors from health care and education to oil and gas, as well as the government, can leverage IT to optimise their operations. “The field is becoming demystified and decision-makers are prioritising it more,” he added.

              However, concerns remain that lower energy prices could see a scaling back of government spending on ICT, which has traditionally been one of the driving forces of the industry, Sawaya told OBG, putting added emphasis on the need for private sector investment to bolster growth.
              “The government usually spends around 7-9% of the budget on IT. Given the decrease in oil prices, this may be set to drop this year, or the government may need to look into an IT services model,” he added.

              Cybersecurity leadership
              A key area that could help bolster private sector demand in Oman is cybersecurity, which has been a national priority in recent years, benefitting from significant investment in both technology and human resources.

              In its most recent report on global cybersecurity, the International Telecommunications Union (ITU) ranked Oman first in the Middle East and third in the world in terms of preparedness against cyberattacks, ranking ahead of Norway, Japan and Germany.

              According to the ITU report, released in the second quarter of 2015, Oman’s ranking was due in large part to the government’s comprehensive cybersecurity strategy, which includes a clear legal framework, as well as cooperation at the national and international level.

              Oman has more than 10 partnerships with countries and organisations aimed at sharing cybersecurity knowledge and assets, local media reported in July, and has been working with the Ministry of Education to introduce cybersecurity training in classrooms around the country.

              The sultanate’s ongoing commitment to cyber defence offers myriad opportunities for local and foreign ICT service providers, with strong demand growth expected in both the public and private sector.

              “The top IT users in Oman are the telecoms sector, the banking sector and the government,” GBM’s Auda told OBG. “Due to the constantly evolving nature of cyberthreats, these sectors require a high degree of security for their systems, which suggests that demand for upgraded technology and solutions will continue.”
              Oxford Business Group
               

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