Page 38 - SAMENA Trends - September-October 2022

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Mobily Wins Two Awards from Technology Achievement Awards (TAA) in

the Business Organization in Middle East and Africa (MEA BUSINESS)

MEA Business Magazine recently organizations and 3 individual achievement and solutions. Award winners included
announced the winners of the Technology awards. The winners were decided after in- organizations, individuals, and government
Achievement Awards 2022. Winners were depth evaluation of their products, services departments.
presented with their awards trophies during
GITEX Technology Week (10-14th October).
The annual awards recognize innovation,
leadership, and excellence in technology
in the Middle East and Africa. The awards
are supported by MEA Finance, Creative
Middle East media and the SAMENA
Telecommunications Council. Kenneth
Mitchen, Executive Director and Publisher
of MEA Business Magazine, stated,
“Congratulations to all the winners of the
MEA Business Technology Achievement
Awards 2022. We are honored to recognize
the outstanding achievements of this year’s
winners”. A large number of nominations
were evaluated by a panel of judges,
coming down to 28 categories, won by 17

Omantel and CBO Sign MoU to Offer Fintech

Accelerator Program

The Central Bank of Oman (CBO) signed Oman Fintech Framework and Roadmap Accelerator program will support innovative
a Memorandum of Understanding (MoU) that aims at establishing a comprehensive fintech start-ups through the challenges
with Oman Telecommunications Company and nurturing fintech ecosystem in Oman of the highly competitive fintech industry
(Omantel) at Omantel Headquarters to that supports and promotes Fintech utilizing mentorship, training, networking
conduct an Accelerator Program in order to Start-ups, Small & Medium Enterprise and fundraising support. H.E. Tahir bin
enable fintech startups in the Sultanate of (SMEs), Banks and Technology Firms. The Salim Al Amri said, “Fintech is vital to
Oman. Signed by His Excellency Tahir bin partnership brings together the expertise the future of the Sultanate of Oman's
Salim Al Amri, CBO’s Executive President, and shared vision of the CBO and Omantel financial sector, and we are committed to
and Talal bin Said Al Mamari, Omantel’s to support local fintech start-ups in Oman. supporting fintech start-ups in the country.
CEO, this MoU comes in light of CBO’s Starting on November 14th, the six-month This program is one of the manifestations
of that mission. We are delighted to be
working with Omantel to provide strategic
direction and regulatory advice to local
fintech start-ups.” Talal Al Mamari, CEO
of Omantel, said “We are excited for this
partnership with the CBO which leverages
our shared vision and strengths to
contribute to the growth of fintech start-
ups in the country. We are committed to
leading digital transformation in Oman and
to create meaningful opportunities for local
start-ups to develop and thrive, and we
strongly believe that our collaboration with
the CBO in this area will be a game changer
for the country’s fintech sector.”

38 SEPTEMBER-OCTOBER 2022