Sharakah, Oman’s premier SME development firm recently announced a collaboration with PhazeRo, an AI and data science consultancy, to offer bill discounting solutions.
The agreement, signed by Masoud Al Rawahi, founder and executive director of PhazeRo, and Ali Ahmed Muqaibal, CEO of Sharakah.
PhazeRo provides Data Science, AI and Software Engineering services that generate alpha for clients. Their focus is to go beyond creating efficiencies and make their clients more competitive in their respective markets. PhazeRo delivers enterprise-grade solutions to clients across multiple industries, specifically: energy, telecom, and logistics.
On this agreement, Masoud Al Rawahi remarked, “I would like to express my profound gratitude to Sharakah for their invaluable support in our collaboration. We leverage AI, machine learning, and data analytics to develop bespoke solutions that enable our clients to gain a competitive edge. This partnership with Sharakah is a major step in our trajectory, expanding our reach and advancing our services and research capacity to better serve our clients in the region and beyond.”
Ali Ahmed Muqaibal said the collaboration with PhazeRo represents a significant opportunity for Sharakah to support the company’s business and contribute to the realization of its future strategies and plans which aligns with Oman’s vision 2024.
He said, “Through our solutions that are designed to support small and medium enterprises, we aim to provide valuable resources and support that will benefit their scaling and growth.”
Ali Muqaibal asserted that Sharakah is committed to nurturing entrepreneurial talent and fostering the growth of SMEs and startups in Oman. “Our comprehensive schemes are tailored to meet the diverse needs of these businesses, helping them to thrive in today’s competitive environment and sustainably grow in key areas such as AI, renewable energy, In-Country value projects, and communication technologies.”
As Sharakah celebrates its 25th year of supporting SME development, this partnership with PhazeRo signifies a pivotal step in its journey towards impactful contribution to Oman’s entrepreneurship ecosystem.
