Omantel and Bank Dhofar team to address key banking challenges

By Gloria Mathias

Bank Dhofar and Omantel have joined forces in a strategic partnership aimed at facilitating digital transformation and overcoming technical hurdles.

Through this collaboration, Bank Dhofar has leveraged Omantel’s advanced cloud solutions to enhance operational efficiency, strengthen cybersecurity, and ensure regulatory compliance through zero-trust architectures and encryption. This has enabled the bank to provide secure and innovative services that align with its customers’ aspirations.

This partnership has empowered the bank to adopt scalable and flexible cloud solutions, utilising technologies such as Oracle Cloud Infrastructure (OCI) and Omantel’s National Cloud. These have driven performance improvements, reduced operational costs, and ensured robust data security.

Additionally, multi-cloud flexibility has allowed the bank to avoid vendor lock-in, enhance system resilience, and enable faster innovation. As a result, Bank Dhofar has been able to expand its operations while delivering an exceptional banking experience to its customers without compromising on security.

The partnership incorporates advanced technologies like artificial intelligence (AI), generative AI, and big data analytics, enabling the bank to make more accurate data-driven decisions. These capabilities have enhanced operational efficiency and spurred innovation in delivering next-generation banking services.

Tariq Taha, Chief Information and Credit Officer at Bank Dhofar, shared, “Our collaboration with Omantel marks a significant step in adopting innovative cloud technologies that support our digital transformation, enhancing our ability to meet customer needs more efficiently and securely.”

Eng. Aladdin BaitFadhil, Chief Commercial Officer at Omantel, stated, “We are proud of our partnership with Bank Dhofar, driving the future of banking through advanced multi-cloud solutions,” said Eng. Aladdin BaitFadhil, Chief Commercial Officer at Omantel. “By combining global cloud expertise with locally hosted solutions, we empower organisations to adopt technologies like AI, generative AI, big data analytics, and other advanced cloud solutions, setting new benchmarks for innovation and customer-centric solutions in Oman’s financial sector.”

Through this strategic partnership, Bank Dhofar and Omantel are paving the way for the future of digital banking.