• As part of this launch, the two groups completed the acquisition of Otaxi.

Muscat, Sultanate of Oman – Ithkaa Group announced a partnership with Yango Group, a global technology company, to officially launch the Yango ecosystem in the Sultanate of Oman. This partnership brings advanced digital solutions and AI-powered services to the Sultanate, supporting its ambitions to accelerate digital transformation and achieve sustainable, long-term economic growth.

As part of this launch, Ithkaa Group and Yango Group completed the acquisition of Otaxi, the Omani platform operating the taxi transportation application. In close coordination with the Ministry of Transport, Communications and Information Technology ( MTCIT ), the two groups are working to develop Otaxi's technical infrastructure by improving service speed, accuracy, accessibility, and scalability. This will expand the platform's operations to cover all governorates of the Sultanate of Oman and expand its services to include various areas such as home delivery, vehicle rental, smart maps, and others. These improvements aim to raise Otaxi's performance in line with the best international standards and strengthen Oman's position as an advanced digital economy.

This launch aligns with Oman Vision 2040 and supports national digital transformation efforts. It complements government programs aimed at diversifying the economy and enhancing digital capabilities. Through a stable regulatory environment and supportive strategic initiatives, this partnership offers AI-powered services across various sectors, implemented in coordination with local infrastructure and regulatory systems to ensure alignment with national priorities.

Commenting on the signing, Eng. Saeed bin Abdullah Al Mandhari, CEO of Ithkaa Group, explained: “The acquisition is a pioneering strategy for enhancing business growth and expansion, and it contributes to increasing companies’ market share amidst local and global competition. Through this acquisition, Ithkaa Group seeks to benefit from its partnership with Yango Global, which strengthens the company’s position in the market and contributes to raising the level of services and standards provided through the OTaxi app, reflecting our future aspirations for further success and expansion .”

Al Mandhari added, "Otaxi will now be under the umbrella of a leading global company in the sector, which reflects the significant impact this collaboration will have on raising the level of work and expanding its scope within the Sultanate of Oman and abroad. We look forward to expanding Otaxi's services into new sectors such as home delivery, vehicle rental services, interactive maps, and other services, which will enhance integration between various services and serve a wider segment of customers ."

Islam Abdel Karim, Regional Director of Yango Group in the Middle East, added: “Digital transformation in Oman is witnessing strong momentum, supported by ambitious national initiatives. Yango Group is proud to partner with Ithmaar Group to deliver proven global solutions tailored to local needs. Our ecosystem is designed to support real-world needs, empower communities, and achieve sustainable economic impact through technological innovation.”

It is worth noting that the launch of the Yango system reflects a practical example of constructive cooperation between the public and private sectors to achieve tangible economic and social benefits. It reinforces the Sultanate of Oman's commitment to cooperating with global partners to build a competitive and inclusive digital economy that empowers individuals, supports businesses, and attracts future investments.

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