Oman Seeks Investment in Artificial Intelligence and Digital Services
International technology investments are being encouraged to diversify the country's economy and establish an advanced digital infrastructure.
Oman aims to increase investments in artificial intelligence, cloud computing, and digital services to capture a larger share of regional technology markets and diversify its economy.
Economic Diversification Goals
Omani officials and industry representatives are evaluating new opportunities to develop the country's digital infrastructure and attract international investors.
Artificial Intelligence and Technological Developments
Omantel Chief Executive Officer Aladdin Baitfadhil stated that generative artificial intelligence has moved to practical applications in the region, drawing attention to a wide area ranging from telecommunications infrastructure to data sovereignty.
Strategic Location and Infrastructure
Bocar Ba, Chief Executive Officer of the SAMENA Telecommunications Council, stated that the country's geographical location and existing infrastructure can form a regional platform for digital investments.
Conditions Required for Investment
Abdulrahman Saud Al Humaimi, an official from the Public Authority for Special Economic Zones and Free Zones, emphasized that investments depend on clear regulations, a reliable energy supply, and a qualified workforce.