Sunday 27 / April / 2025
Muscat: HH Sayyid Bilarab bin Haitham Al Said, Honorary President of the Programme of Omani Promising Startups (POPS), today visited “Thawani Technologies”, the first licensed financial technology company in the Sultanate of Oman.
The visit comes as part of a series of visits aimed at motivating promising startups, understanding their aspirations, and enhancing their role in the national economy.
During the visit, HH Sayyid Bilarab toured the facilities of “Thawani”, which was established in 2016 and has successfully introduced innovative payment solutions that meet local market demands while supporting national digital transformation efforts under Oman Vision 2040.
The company showcased its key achievements in deploying advanced technologies, including smartphone solutions, facial and palm biometric payment systems, artificial intelligence (AI), deep learning, and secure payment cards. It also highlighted its notable local and international accomplishments, such as winning the Innovation Unit Award for Entrepreneurship in 2020 and the Best FinTech Company in the Middle East Award in 2024.
During the meeting with HH Sayyid Bilarab, the company’s specialists presented their regional expansion plans, which include entering regional and international markets to strengthen the presence of Omani startups abroad. HH Sayyid Bilarab lauded the company’s successes in leveraging modern technologies to enhance digital payment and collection systems, emphasizing the importance of startups continuing to develop their capabilities and keep pace with global innovations.
Accompanying HH Sayyid Bilarab during the visit were Eng. Said bin Hamoud Al Maawali, Minister of Transport, Communications, and Information Technology; Dr. Saif bin Abdullah Al Haddabi, Undersecretary of the Ministry of Higher Education, Research, and Innovation for Research and Innovation; Eng. Said bin Abdullah Al Mantheri, CEO of Oman Information and Communications Technology Group (ITHCA); and members of the Supervisory Committee of the Programme of Omani Promising Startups (POPS).
