Latest news with #OmanDataPark
Zawya
24-06-2025
- Business
- Zawya
Oman Data Park signs strategic agreement with Rihal
Oman Data Park (OPD) has joined hands with Rihal (Data Migration and Services) for the launch of its groundbreaking digital platform named 'Daily Millionaire.' Announcing the launch, OPD said this platform represents a transformative concept in the realm of the sharing economy, combining e-commerce, shariah-compliant digital raffles, and fractional ownership. It enables users to purchase shares in luxury assets such as cars, villas, and gold and enter transparent digital draws powered by blockchain technology. The platform also includes a digital wallet and a loyalty points system designed in accordance with Islamic finance principles, offering users a fair and empowering digital experience that blends smart purchasing with a spirit of solidarity, it stated. On the new launch, OPD Chief Financial Officer Khalid Al Abri said: "Daily Millionaire reflects our commitment to supporting high-impact digital solutions through secure and sovereign cloud infrastructure." "Hosting the platform on our cloud ensures scalability and flexibility, while aligning with Oman's Vision 2040 goals of fostering a knowledge-based economy and an integrated digital society," he stated. Rihal Co-founder & CEO Azzan Al Kindi said: "This platform is the result of our vision to offer an innovative digital model that combines commerce, investment, and social solidarity meeting the aspirations of younger generations seeking fair and sustainable solutions." "We believe that merging technology with values can deliver a unique experience that promotes digital justice and opens doors to broader community engagement through innovation," he stated. The platform leverages cutting-edge technologies such as artificial intelligence and advanced analytics to deliver a secure, transparent, and fair experience that enables users to contribute to sustainable social impact. It also aims to support local employment opportunities and attract tech sector investments, through an Omani–Dutch partnership that showcases local talent and works with European partners to deliver globally scalable solutions. The agreement was signed by its co-founders Abdullah bin Salem Al Abadi and Haider Al Maktoumi as part of a joint investment valued at $13 million in its first phase. Oman Data Park said the platform is planned to be a global one, including participants from all countries around the world. This strategic roadmap aims to position the platform as a promising tech gateway that bridges Omani innovation with international standards, offering a digital experience rooted in human values and Sharia-compliant frameworks, it added.
Zawya
23-06-2025
- Business
- Zawya
Omani-Dutch Collaboration: Oman Data Park signs strategic agreement with "Daily Millionaire" to redefine Sharia-Compliant Luxury E-Commerce
Muscat: In a strategic move that reflects its commitment to driving digital transformation and fostering innovation aligned with Islamic principles, Oman Data Park (OPD) has announced a partnership with Rihal (Data Migration and Services) to build and host a groundbreaking digital platform named "Daily Millionaire". The agreement was signed by Mr. Abdullah bin Salem Al Abadi, co-founders of the platform and Mr. Haider Al Maktoumi, co-founders, as part of a joint investment valued at USD 13 million (approximately OMR 5 million) in its first phase. The platform represents a transformative concept in the realm of the sharing economy, combining e-commerce, Sharia-compliant digital raffles, and fractional ownership. It enables users to purchase shares in luxury assets such as cars, villas, and gold and enter transparent digital draws powered by blockchain technology. The platform also includes a digital wallet and a loyalty points system designed in accordance with Islamic finance principles, offering users a fair and empowering digital experience that blends smart purchasing with a spirit of solidarity. Commenting on the announcement, Khalid Al Abri, Chief Financial Officer in Oman Data Park (OPD), stated: "We are proud to lead the development of this platform in collaboration with Rihal. 'Daily Millionaire' reflects our commitment to supporting high-impact digital solutions through secure and sovereign cloud infrastructure. Hosting the platform on our cloud ensures scalability and flexibility, while aligning with Oman's Vision 2040 goals of fostering a knowledge-based economy and an integrated digital society." From his side, Mr. Azzan Al Kindi, Co-founder & Chief Executive Officer of Rihal, added: "This platform is the result of our vision to offer an innovative digital model that combines commerce, investment, and social solidarity meeting the aspirations of younger generations seeking fair and sustainable solutions. We believe that merging technology with values can deliver a unique experience that promotes digital justice and opens doors to broader community engagement through innovation." The platform leverages cutting-edge technologies such as artificial intelligence and advanced analytics to deliver a secure, transparent, and fair experience that enables users to contribute to sustainable social impact. It also aims to support local employment opportunities and attract tech sector investments, through an Omani–Dutch partnership that showcases local talent and works with European partners to deliver globally scalable solutions. The platform is planned to be a global one, including participants from all countries around the world. This strategic roadmap aims to position the platform as a promising tech gateway that bridges Omani innovation with international standards, offering a digital experience rooted in human values and Sharia-compliant frameworks. This partnership exemplifies a powerful synergy between Oman Data Park's smart infrastructure and Rihal's innovative vision, supported by European collaborators. Together, they are shaping a new model of tech entrepreneurship built on ethical foundations and social responsibility paving the way for a more just and sustainable digital future.
Zawya
29-04-2025
- Business
- Zawya
Oman Data Park partners with Bug Bounty Oman to strengthen national cybersecurity
Muscat:. In a significant move aimed at enhancing Oman's cybersecurity infrastructure, Oman Data Park (ODP), a leading provider of cloud solutions and managed services in the Sultanate, has entered into a strategic Teaming Agreement with the Omani Vulnerability Hunters Reward Platform, known as Bug Bounty Oman, the nation's premier platform offering Bug Bounty as a Service to organizations across Oman. This landmark agreement aims to establish a robust, trusted, and secure channel for responsible vulnerability disclosure. By doing so, it enables both public and private sector institutions to take a proactive approach in identifying and addressing cybersecurity risks before they escalate. The partnership also plays a pivotal role in strengthening Oman's growing cybersecurity ecosystem by fostering local talent, promoting a culture of ethical hacking, and instilling a sense of digital responsibility throughout the nation. Maqbool Al Wahaibi, CEO of Oman Data Park, stated, 'This collaboration marks a crucial step forward in our commitment to safeguarding Oman's digital infrastructure. As digital transformation accelerates across all sectors, the need for secure, resilient systems becomes increasingly critical. Our approach to cybersecurity transcends the conventional focus on technology alone. It is about forging strategic partnerships built on trust, collaboration, and a shared responsibility to enhance the nation's digital landscape.' He further added, 'Our engagement with Bug Bounty Oman further underscores our confidence in the capabilities of Omani talent and our commitment to fostering community-driven security solutions. By creating an environment where skilled individuals can contribute meaningfully and ethically to Oman's digital advancement, we are building a cybersecurity framework that not only protects but also empowers. This collaboration enables institutions to operate with confidence while preparing the next generation of cybersecurity leaders to meet the challenges of an increasingly connected world.' Bug Bounty Oman plays a critical role in empowering highly skilled Omani security researchers, providing them with a structured platform to identify and report security vulnerabilities. This collaboration will further promote a culture of innovation and excellence within the cybersecurity community, offering a meaningful opportunity for researchers to contribute directly to the country's digital defense. Moreover, the agreement facilitates deeper cooperation between government entities, critical sectors, and the broader cybersecurity community. This alignment is essential in addressing the rapidly evolving landscape of cybersecurity threats and ensuring that the nation's digital infrastructure remains secure and resilient. The partnership aligns with Oman's strategic vision under Vision 2040, which seeks to accelerate digital transformation, foster innovation, and ensure national security in the digital age. Together, Oman Data Park and Bug Bounty Oman are setting a new benchmark for collaborative cybersecurity efforts in the region, reinforcing Oman's position as a leader in the evolving digital ecosystem.
Zawya
26-04-2025
- Business
- Zawya
Strategic AI collaboration set to drive innovation across key industries in Oman
Oman Data Park unveils AI-powered solutions to transform Oman's key industries Muscat – Oman Data Park (ODP), the Sultanate's leading provider of managed IT services and cloud solutions, has signed a landmark Memorandum of Understanding (MoU) with strategic technology partners to accelerate the development and deployment of innovative AI solutions across Oman's key industries. This transformative collaboration will impact sectors including Telecom, Travel, Tourism, Banking and Financial Services (BFSI), Logistics, and Hospitality, aligned with the nation's digital transformation agenda and Vision 2040. At the heart of this partnership is a shared ambition to co-develop scalable, sector-specific AI solutions tailored to Oman's regulatory and operational environment. The initiative will leverage ODP's sovereign cloud infrastructure, ensuring data residency, regulatory compliance, and scalable deployment within a secure and robust digital ecosystem. This foundational capability supports the broader goal of localizing emerging technologies to address the unique challenges and opportunities within the Sultanate. Commenting on the collaboration, Eng. Maqbool Al Wahaibi, CEO of Oman Data Park, stated, 'This agreement represents a pivotal milestone in Oman's journey toward becoming a digitally empowered, AI-ready nation. By fusing world-class AI capabilities with our sovereign cloud infrastructure, we are enabling localized, secure, and scalable solutions that truly cater to the evolving needs of Oman's vital industries. More than just a technology initiative, this partnership reflects our commitment to nurturing Omani talent, promoting innovation, and supporting the ambitions of Oman Vision 2040. Together with our partners, we are laying the groundwork for a smarter, more resilient digital future for the Sultanate.' CP Gurnani, Co-founder and CEO, AIonOS, added: ' This partnership with Oman Data Park represents more than just a strategic alliance—it's a shared mission to bring AI from the drawing board into real-world impact across Oman's key sectors. At AIonOS, we have always believed that AI is most powerful when it's human-centred, localized, and aligned with national priorities. By co-developing AI solutions tailored to Oman's regulatory landscape and leveraging ODP's sovereign cloud, we are ensuring that innovation respects compliance, security, and cultural context. The road ahead is exciting, and we are committed to walking it side by side with ODP and the people of Oman'. The agreement also focuses on the development of practical, vertical-specific AI use cases by combining technical innovation with ODP's end-to-end managed services. This synergy is expected to unlock new opportunities in automation, predictive analytics, and operational efficiency—delivering measurable value to enterprises and public institutions alike. A joint go-to-market strategy will drive the commercial deployment of these solutions, broadening access and accelerating client adoption across Oman. Aligned with the national vision, the collaboration also emphasizes talent development, knowledge sharing, and the upskilling of local professionals. Through training programs, innovation labs, and collaborative learning platforms, the partners aim to cultivate a thriving ecosystem of Omani AI expertise. Simultaneously, the partnership outlines a roadmap for continuous innovation, keeping pace with advancements in large language models (LLMs), predictive analytics, and intelligent automation—reinforcing Oman's role as a regional hub for AI-driven transformation. Such strategic alliance reaffirms Oman Data Park's commitment to shaping the future of AI in the Sultanate and underscores its position as a key enabler of a knowledge-based economy driven by innovation, technology, and local talent.
Trade Arabia
26-04-2025
- Business
- Trade Arabia
Oman Data Park in deal with tech partners for AI solutions deployment
Oman Data Park (ODP), the sultanate's leading provider of managed IT services and cloud solutions, has signed a landmark agreement with strategic technology partners to accelerate the development and deployment of innovative AI solutions across Oman's key industries. This transformative collaboration will impact sectors including telecom, travel, tourism, banking and financial services (BFSI), logistics and hospitality, aligned with the nation's digital transformation agenda and Vision 2040. At the heart of this partnership is a shared ambition to co-develop scalable, sector-specific AI solutions tailored to Oman's regulatory and operational environment. The initiative will leverage ODP's sovereign cloud infrastructure, ensuring data residency, regulatory compliance, and scalable deployment within a secure and robust digital ecosystem. This foundational capability supports the broader goal of localizing emerging technologies to address the unique challenges and opportunities within the Sultanate. On the collaboration, CEO Engineer Maqbool Al Wahaibi said: "This agreement represents a pivotal milestone in Oman's journey toward becoming a digitally empowered, AI-ready nation. By fusing world-class AI capabilities with our sovereign cloud infrastructure, we are enabling localized, secure, and scalable solutions that truly cater to the evolving needs of Oman's vital industries." The agreement also focuses on the development of practical, vertical-specific AI use cases by combining technical innovation with ODP's end-to-end managed services. This synergy is expected to unlock new opportunities in automation, predictive analytics, and operational efficiency—delivering measurable value to enterprises and public institutions alike. A joint go-to-market strategy will drive the commercial deployment of these solutions, broadening access and accelerating client adoption across Oman, he stated. "More than just a technology initiative, this partnership reflects our commitment to nurturing Omani talent, promoting innovation, and supporting the ambitions of Oman Vision 2040. Together with our partners, we are laying the groundwork for a smarter, more resilient digital future for the sultanate," he added. CP Gurnani, the Co-founder and CEO of AIonOS, said this partnership with Oman Data Park represents more than just a strategic alliance - it's a shared mission to bring AI from the drawing board into real-world impact across Oman's key sectors. "At AIonOS, we have always believed that AI is most powerful when it's human-centred, localized, and aligned with national priorities. By co-developing AI solutions tailored to Oman's regulatory landscape and leveraging ODP's sovereign cloud, we are ensuring that innovation respects compliance, security, and cultural context. The road ahead is exciting, and we are committed to walking it side by side with ODP and the people of Oman," he added. Aligned with the national vision, the collaboration also emphasizes talent development, knowledge sharing, and the upskilling of local professionals. Through training programs, innovation labs, and collaborative learning platforms, the partners aim to cultivate a thriving ecosystem of Omani AI expertise. Simultaneously, the partnership outlines a roadmap for continuous innovation, keeping pace with advancements in large language models (LLMs), predictive analytics, and intelligent automation—reinforcing Oman's role as a regional hub for AI-driven transformation.
