Muscat, Oman — In a significant move highlighting the Sultanate’s commitment to technological innovation and entrepreneurship, His Highness Sayyid Bilarab bin Haitham Al Said paid an official visit to Thawani Technologies, one of Oman’s leading fintech companies, on Monday. The visit underscored the government’s ongoing support for local businesses driving digital transformation and economic diversification in line with Oman Vision 2040.
During his tour of the company’s headquarters in Muscat, HH Sayyid Bilarab was warmly welcomed by Thawani Technologies’ Chairman, Mr. Majid Al Amri, along with the senior leadership team. The delegation provided an in-depth overview of Thawani’s latest initiatives, innovative products, and future expansion plans both within Oman and across the region.
Founded in 2016, Thawani Technologies has rapidly emerged as a pioneer in the fintech sector, offering secure, user-friendly, and efficient digital payment solutions. The company has developed a suite of services designed to ease financial transactions for individuals, businesses, and government entities, significantly contributing to Oman’s growing digital economy.
HH Sayyid Bilarab’s visit included a comprehensive tour of Thawani’s innovation labs, where he interacted with the company’s tech development teams. He was given live demonstrations of Thawani’s latest products, including the flagship mobile payment app and its integrated payment gateway solutions designed for SMEs and large enterprises.
Impressed by the innovative spirit and technical prowess of the team, HH Sayyid Bilarab praised Thawani Technologies for its dedication to advancing Oman’s fintech landscape. He emphasized the importance of creating a supportive ecosystem that empowers young Omani talents, fosters entrepreneurship, and stimulates private sector growth.
“Technological innovation and financial inclusion are fundamental pillars for achieving Oman Vision 2040,” said HH Sayyid Bilarab during the visit. “Companies like Thawani Technologies are not only contributing to economic diversification but are also inspiring a new generation of entrepreneurs and innovators. It is crucial that we continue to support and nurture such initiatives to build a resilient and forward-looking economy.”
The visit also featured a closed-door session where the Thawani team presented their strategic roadmap for the next five years. Their vision includes the introduction of AI-driven financial solutions, enhanced cybersecurity measures, and regional expansion into neighboring GCC markets. They also highlighted their commitment to corporate social responsibility through initiatives aimed at promoting financial literacy among the Omani youth.
Commenting on the occasion, Mr. Majid Al Amri, Chairman of Thawani Technologies, expressed his gratitude for HH Sayyid Bilarab’s support and encouragement. “We are deeply honored by His Highness’s visit, which reinforces our mission to drive digital transformation and foster innovation. This visit inspires us to push the boundaries of technology to serve the nation better and contribute meaningfully to Oman’s economic goals.”
Industry experts see the visit as a strong signal of the government’s growing emphasis on digital innovation as a cornerstone of national development. As Oman steadily embraces digital solutions across various sectors—ranging from banking and healthcare to education and logistics—companies like Thawani are poised to play an even greater role in shaping the country’s future.
Thawani’s efforts align closely with the Central Bank of Oman’s Fintech Framework, introduced to encourage the development of a robust and secure financial technology environment. Through strategic collaborations, continuous innovation, and a clear focus on user needs, Thawani aims to position itself as a regional leader while helping Oman transition towards a knowledge-based economy.
As HH Sayyid Bilarab concluded his visit, he reaffirmed the importance of strong partnerships between the public and private sectors in achieving national objectives. He called on more young Omanis to pursue careers in technology and innovation, highlighting the vast opportunities available in the ever-evolving digital economy.
The visit concluded with an exchange of commemorative gifts and a group photograph, capturing a moment of mutual appreciation and shared vision for a digitally empowered Oman.
As the Sultanate continues to invest in smart technologies and innovative enterprises, visits like this serve as a reminder that the future of Oman lies in the hands of its young innovators, entrepreneurs, and leaders determined to drive progress and prosperity.
