Muscat: Deloitte Middle East has released the third edition of its Fast 50 list, ranking Oman's Rihal as the third fastest-growing tech startup in the region, thereby solidifying its status as a leading technology company.
The report highlights that all companies on the list have experienced rapid growth over the past four years across various technology sectors in the Middle East and Cyprus, including software development, fintech, media, entertainment, artificial intelligence, and other key areas.
Rihal, an Omani tech company, has outperformed its peers on this list with a remarkable 2,441% growth, demonstrating strong customer trust and the high quality of its innovative projects. Specializing in digital transformation services and efficient database management, Rihal supports government entities on their digital transformation journeys by digitizing services, automating internal processes, and enhancing efficiency, development, and quality.
For over five years, Rihal has served various government and private entities, offering them a broad range of services. These include process automation as an initial step towards digital transformation, AI solutions for complex problem-solving to ensure optimal outcomes, data management for accurate and readily available data, software engineering to convert customer needs into seamless technical software solutions, and IT-enabled resource management to equip companies with technical resources.
Rihal has also launched tech products like Jadawal, Eysal, Hassad, and Iqraa to help companies and organizations streamline their operations using data and AI for increased efficiency. These achievements affirm Rihal's excellence in technology, showcasing Omani expertise and its prominent regional standing. This success contributes positively to the growth of Oman's tech sector and boosts the nation's economy, knowledge, and innovation.
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