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Oman Investment Authority Launches ‘Foras’ Digital Platform

The Oman Investment Authority, in collaboration with its subsidiaries, has launched the 'Foras' digital platform. This platform aims to enhance transparency in procurement and early planning of supply chains, reflecting the expansion of opportunities for suppliers.

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Oman Investment Authority Launches ‘Foras’ Digital Platform
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The Oman Investment Authority, in collaboration with its subsidiaries, has launched the ‘Foras’ digital platform. This platform aims to enhance transparency in procurement and early planning of supply chains, reflecting the expansion of opportunities for suppliers.

Enhancing Transparency and Planning

The ‘Foras’ platform is expected to transform how active tenders are managed, allowing suppliers to easily access new opportunities. This step reflects the Oman Investment Authority’s commitment to enhancing transparency and innovation in the procurement sector.

This initiative is part of ongoing efforts to improve efficiency and transparency in business operations, contributing to a better business environment in the Sultanate.

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