Foreign firms seek to introduce banking, education IT services

March 25, 2013

The companies have brought with them their latest initiatives which they believe could be useful in sectors like banking and education.

Etronika, a Lithuania-based IT company which develops electronic banking, digital identity and smart-retailing solutions, plans to introduce solutions for mobile and internet banking in Oman and promote them among the banks.

“Online banking is the future of banking in an ever-changing scenario. We are looking for partners in the business community in Oman. Some local representatives have shown interest in working with us. Now we need to find banks and persuade them to be brave enough to accept online banking solutions,” said Kestutis Gardziulis, CEO and co-founder of Etronika.

Oman provides a great opportunity for mobility and companies with services for government and private firms on mobile platforms, according to officials of the Association of Information Technology and Telecommunications from Estonia.

“The Estonian government has been working with the Oman government for the last three years and had signed a memorandum of understanding (MoU) for the mutual promotion of opportunities in IT. Currently we are working with the Ministry of Commerce and Industry (MoCI) in order to help review and build a 2D view of business administration and how the government support for businesses look like,” said Doris Pold, project manager for Estonian Association of Information Technology and Telecommunications.

Kevin Chan, centre director (Middle East) international operations, for Infocomm Development Authority (IDA), a Singapore government organisation, said that they are here to help develop capabilities which will in turn develop industries and post greater growth in Oman itself.