• Oman

    • AirGo signs investment contract with Saudi ‘Forming Future’

    By on February 22, 2023

    Muscat: AirGo Company, one of the investments of the Oman Technology Fund, signed an investment contract with the Saudi Future Formation Investment Company for an amount of US $ 2.7 million in the initial stage to enable drone operations within the venture capital.

    Anwar Al Hinai, CEO of Airgo, said: “This partnership comes between the company and the Saudi Formation Future Company with the aim of expanding the company’s investments and businesses in one of the largest growing regional markets in the region, in addition to strengthening partnership and integration to enable drones.”

    In order to enhance the economic benefits of this technology, Tahleeq aims to simplify the procedures for obtaining licenses; Which leads to the desired goal of accelerating the pace of work and the governance of the sector.

    It is worth noting that Airgo is a leading company specializing in enabling low-altitude drone operations and managing its commercial activities, and facilitating the procedures for its potential customers to obtain the necessary permits and methods to ensure that they are able to fly their drones legally and safely.

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