Complex Made Simple

Oman’ TRC partners with Ithraa to promote R&D

Oman’s Public Authority for Investment Promotion Export Development (Ithraa) has signed a memorandum of understanding with The Research Council (TRC) to drive investment into the sultanate’s research and development (R&D) sector, Times of Oman has reported. The two-year partnership pact will tap into Ithraa’s experience of promoting Oman’s inward investment offer, said Ithraa’s Director General for Investment Promotion, Faris Al Farsi. “Together, Ithraa and TRC will support joint research projects, mentor entrepreneurs and pave the way for the development of new products and services,” he said.