Omantel Innovation Labs and inspireU, the startup accelerator arm of stc group have signed a strategic partnership during GITEX GLOBAL, aimed at fostering innovation and accelerating the growth of digital startups across the region.
The partnership underscores the shared commitment of both entities to nurture a thriving innovative ecosystem, empower entrepreneurs, and drive growth through technology and knowledge exchange between the two countries.
Both parties will collaborate to support startups accelerated within their respective programs by providing access to expert mentorship, technical guidance, and market expansion opportunities. The partnership also aims to facilitate smoother entry into regional markets, enabling Omani startups to benefit from inspireU’s network in Saudi Arabia and stc group’s ecosystem, while offering Saudi startups access to Omantel’s innovation ecosystem in Sultanate of Oman.
Her Highness Sayyida Ghada Al Said, Senior Manager of Omantel Innovation Labs, said: “This partnership represents a strategic milestone in our mission to empower innovators and advance the region’s entrepreneurial landscape. Through our collaboration with inspireU, we aim to unlock new opportunities for startups to scale beyond borders, leveraging our shared strengths to shape the future of business and technology in the region.”
Mr. Abdulrahman Al Zuhair, Director of inspireU at stc group, added: “We are pleased to partner with Omantel Innovation Labs to connect ecosystems and open new investment horizons across the GCC. Such collaboration enables access to emerging technologies and opens the path for entrepreneurs to scale regionally and compete globally. Together, we are building a stronger regional ecosystem aimed at supporting startup growth, expanding investments, and strengthening the GCC’s position as a global hub for digital innovation.”
Source: Omantel Press Release
