26/12/2017 06:08 AST

Omantel has signed a first-of-its-kind strategic agreement with enterprise software and business solutions provider SAP for Oman-based managed cloud implementation. This arrangement enables Omantel to offer locally present managed cloud implementations, whether it is on the client's premises or hosted elsewhere in Oman.

Fadi Nasser, General-Manager ICT Unit at Omantel said: "We are pleased to join hands with SAP who are helping us ensure that our leading technology offerings are hosted within our borders.

When clients consider the networking, software, hardware, professional services and optional hosting offered under this new agreement, the value is unchallenged and the savings are multiplied quickly, especially with available services like monthly payments and flexible business models."

Waheed al Hamaid, Country Manager, SAP Oman, added, "Our latest partnership in Oman with one of its leading telecommunications companies reiterates our commitment to fulfilling the digital economy growth objective of the Sultanate of Oman. The local cloud implementation translates to unprecedented savings and efficiencies for customers who require complete SAP solutions or even add-on software modules to expand their existing implementations."

SAP caters to a list of clients in the Sultanate of Oman in sectors spanning Oil and Gas, Government and Public Sector, Logistics, and Banking, among others.


Oman Daily Observer

Omantel board approves 70% cash dividend

25/03/2018

The Extraordinary General Meeting of Oman Telecommunications Company (Omantel), was held at the company's headquarters on Thursday.

It was presided by the vice-chairman of Omantel Saud bin

Times of Oman

Omantel Wal Awael' strengthens intergenerational communication

21/03/2018

Omantel has successfully completed its fourth edition of the "Omantel Wal Awael" programme by training 30 elderly people on the use of modern technology. The initiative, which has been found as a res

Oman Daily Observer

Omantel collaborates with EY to provide cybersecurity services

13/03/2018

Omantel has teamed up with EY, a leading global professional services organisation, to provide advanced Cybersecurity as a Service (CaaS) originating from Oman to the region. The agreement was signed

Oman Daily Observer

Ticker Price Volume
NAYIFAT 13.94 229,739
LUMI 77.50 102,302
A.OTHAIMMARKET 11.90 545,416
ZAINKSA 10.82 1,868,409
RIBL 24.84 6,676,931
ALRAJHI 85.00 7,711,297
ABC 0.35 370,000
OTEL Sector Market
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
OQGN 0.14 0.00 (-2.74%)
ABRJ 0.30 0.00 (1.02%)
ORDS.MSM 0.28 0.00 (0.00%)
SSPW 0.11 0.00 (0.91%)
RNSS 0.39 0.00 (-0.77%)
EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula