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How diversification in the Middle East is powering growth - Arab News

Arab News ·

The article content was not provided. Therefore, a summary cannot be generated based on the given input. Please provide the full text of the article to proceed with the summarization. Why it matters: Without the article's content, it is impossible to assess its specific relevance to Middle East AI news and research.

Oman’s Digital Economy Surges to RO 800 Million, Driving Vision 2040 Diversification Goals - omannews.gov.om

Oman AI ·

Oman's digital economy has reached RO 800 million, marking a significant contribution to the Sultanate's Vision 2040 diversification goals. The Ministry of Transport, Communications and Information Technology is actively developing the digital economy through several initiatives. These efforts aim to enhance digital infrastructure, promote e-commerce, and foster technological innovation across various sectors. Why it matters: This growth signals Oman's progress in diversifying its economy away from hydrocarbons and embracing digital transformation to achieve its long-term development objectives.