Thursday, May 18, 2006

Oracle Sets-up on KOM

Knowledge Oasis Muscat (KOM) the centre piece of Oman’s rapidly growing ICT sector has successfully attracted Oracle Corporation the world's largest enterprise software company as a new tenant - with another eight in the process of signing lease agreements.

The three year-old Rusayl-based Technology Park now offers over 20,000 square metres of high quality office space and meeting facilities. With the growing reputation of KOM as a leading Middle East centre for excellence in technological innovation and entrepreneurship, KOM is successfully attracting niche companies from throughout the software and technology sectors.

Gabriel Bakhazi, Vice President, Finance, Oracle Middle East & Africa (pictured on the right), says: “Oracle is growing and developing as a company and KOM very much fits our profile and aspirations. We needed more office space and KOM is ideal in terms of facilities and easy access to other locations, added to that it offers us a modern and beautiful working environment.”

Asked about Oracle’s decision to base their Oman operations on KOM, Mohammed Al Maskari, the Park’s Acting Director General said: “KOM and the surrounding area is an inspirational location. We neighbour Rusayl Industrial Estate which boasts over 140 firms, we’ve Sultan Qaboos University on our doorstep, two tertiary institutes operating on the KOM campus, over 35 hi-tech tenants, plus a growing business incubator program – it’s a vibrant community. Indeed, this is why our growing list of domestic and international tenants are choosing KOM over a city centre location. KOM also provides tenants with access to a large pool of talented graduates essential to the continued growth and success of the firms resident on the Park.”

Other recent high profile moves to KOM include Hewlett Packard and Huawei. Ahmed Al Hadhrami from KOM’s Marketing Team, says: “interest in KOM has gained substantial momentum over the past 12 months. We’re the perfect space for small and multinational companies with the range of facilities that we provide. The Park’s accommodation and various services are offered to tenants at highly competitive rates, this means that companies can focus on growing their business without the hassle of having to deal with utility companies, maintenance and the expense of having meeting room facilities.”

“It’s great to see KOM welcoming IT giants such as Oracle – the Oracle team will be amongst the first to take advantage of the superb new facilities being built on KOM,” commented Dave Pender, Advisor at PEIE.