Latest news with #OmantelInnovationLabs
Zawya
26-04-2025
- Business
- Zawya
Omantel Innovation Labs unveils seven startups for cohort 5 of the Omantel Accelerator
Muscat, Oman – Omantel Innovation Labs proudly unveils the seven Omani startups chosen to join the fifth cohort of its prestigious Omantel Accelerator program. This announcement marks a significant milestone in the Labs' ongoing mission to drive technological innovation and entrepreneurship within the Sultanate of Oman. The selected startups underwent rigorous evaluation through bootcamps and in-depth interviews with industry experts, resulting in the selection of seven standout ventures. Each of these startups is pioneering innovation in cutting-edge fields, including AI, cybersecurity, and sustainability, and will receive tailored support to fast-track their success. H.H. Ghada Al Said, Senior Manager of Omantel Innovation Labs, commented: 'Congratulations to these remarkable startups for being selected as part of the Omantel Accelerator program. The selection process was intensive, and each of these startups has demonstrated the strength of their foundation by making it through. We are looking forward to working closely with them over the next few months to accelerate their solutions and provide them with some of the best international and local mentorship and support.' The seven selected startups are: AB Energy: AB Energy powers a greener future with advanced thermal sand storage and mobile solar innovations. EGAIEF: EGAIEF is an AI-powered platform that unifies communication channels and automates customer services to enhance efficiency, reduce costs, and enable seamless digital experiences. Homam AI: Homam uses AI to help businesses find and win public tenders in the GCC with tools for opportunity matching, compliance tracking, market insights and competitor analysis. Massarah: Massarah platform connects guests with the best chalets and vacation rentals in Oman, offering secure and easy bookings for unforgettable stays. Octopus Cybersecurity: Octopus Cybersecurity is an advanced cybersecurity solution that automates configuration validation, analyzes operational changes in real time, remediate any deviation and generates security reports. Shift: A smart platform that seamlessly connects individuals with part-time work and helps businesses quickly and efficiently fill staffing gaps. Walaa: Walaa supports businesses to create and manage their own loyalty programs effortlessly, allowing them to attract and retain customers through flexible and efficient digital solutions. Omantel Innovation Labs continues to serve as a dynamic hub for fostering startup growth and technological breakthroughs. By providing mentorship from local and international experts, strategic networking opportunities, and invaluable resources, the Labs strive to enrich the local startup ecosystem and create a pipeline of investments for the joint fund managed by Omantel Innovation Labs for Omantel and Future Fund Oman. -ends- About Omantel Omantel has succeeded, through the integration of its operations, processes, and extensive expertise in the field of communications and digital technology, in establishing its position as a leading telecommunications company within the Sultanate of Oman and beyond. The company's innovative approaches have contributed to providing state-of-the-art solutions to different consumer and business sectors. The company aims to deliver an unparalleled, exceptional experience to its customers and strives to always exceed their expectations. To achieve the objectives of Oman Vision 2040, Omantel invests in emerging technologies and provides cutting-edge ICT solutions, such as cloud solutions, AI, Smart solutions, cybersecurity, and much more, in addition to harnessing its technological capabilities to enhance innovation and leadership in new and advanced technologies. For more information, For more information, please contact: Muna Al Mamari Manager Press & Digital Media Email:
Zawya
17-03-2025
- Business
- Zawya
Omantel Innovation Labs showcases Omani startups at Mobile World Conference
Muscat, Oman – Omantel Innovation Labs proudly announced its participation at 4 Years from Now (4YFN), the startup arm of the prestigious Mobile World Congress (MWC) event in Barcelona, Spain. The globally acclaimed event gathered industry leaders, technology innovators, and visionaries to showcase the latest advancements in mobile technology and digital innovation. This year Omantel Innovation Labs showcased four graduates from its programs, demonstrating local talent in the areas of AI, drones, data analytics, and e-procurement. In addition to having a space within the Omantel Innovation Labs booth, the startups also pitched their solutions on the 4YFN stage where they captivated audiences and sparked interest among global investors and technology leaders, showcasing Oman as a hub for technological excellence and entrepreneurial ambition. Speaking on the participation, Her Highness Ghada Al Said, Senior Manager of Omantel Innovation Labs, said: 'It's a pleasure to be back at 4YFN to showcase Omani startups on a global platform. The startups that were selected represent the variety of startups within our portfolio, already have customers beyond Oman and are ready to scale. This event comes as part of our commitment to bridging local innovation with global opportunities to advance Oman's digital transformation journey.' The four participating startups were: Bidbid: A B2B fintech and e-procurement platform revolutionizing live bidding processes while providing actionable insights through advanced data analytics. iLab Marine: An automated underwater inspection platform for the maritime logistics sector, utilizing underwater drones (ROVs) to create digital twins and applying AI-powered analytics to identify anomalies and predict future scenarios. Orki: Empowering individuals and online businesses with AI-driven agent teams, seamlessly managing personal and business tasks, from scheduling to complex operational workflows. Zabonex: An Omantel employee-born startup coming from its Entrepreneurship program, Fikra, Zabonex helps FMCG manufacturers and retailers to recapture the full value of their perishable products, reduce food waste and manage their stock through ML-powered dynamic distribution and sales prediction. Additionally, Omantel Innovation Labs reaffirmed its strong collaboration with Alaian, an international alliance of telecom leaders, with whom Omantel partnered last year. This partnership focuses on advancing startup ecosystems through mentorship, funding, and global market exposure. Such collaborations continue to enrich the Lab's capabilities in empowering startups to scale and succeed. Through its continued participation in prestigious global events like MWC and 4YFN, Omantel Innovation Labs reinforces its standing as a key player in the global tech ecosystem. By showcasing Oman-based startups on such an international platform, the Labs position Oman as a hub for innovation and entrepreneurship, while demonstrating their ability to bridge local talent with global opportunities. Strategic collaborations, such as Omantel's partnership with Alaian, further underscore the Labs' commitment to connecting Oman's innovations with world-leading tech ecosystems. Omantel Innovation Labs plays a pivotal role in the growth of its startups by providing access to advanced technologies, mentorship programs, and networking opportunities. From refining business strategies to connecting startups with global investors and partners, the Labs act as a launchpad for scalable success. For the participating startups 4YFN, Omantel offered critical support in honing their pitches, preparing them for global audiences, and ensuring their innovations met the demands of competitive international markets. This successful participation underscores Omantel's role as a leading innovator, supporting a thriving tech ecosystem and paving the way for a brighter digital future.
