Oman Investment, Elect Holding signs OMR199.000 deal


(MENAFN) Oman Investment and Finance Co. (OIFC) proclaimed that it was awarded a deal by Elect Holding Co. to offer a prepaid system and collection services.

The two-year deal is worth at USD515.002 and it expects revenues from the deal, as added the Omani firm to the Muscat Securities Market.

In late Jan, the firm received an OMR300.000 deal to offer billing and customer services at the Public Authority for Elect and Water and Haya Water.

This year, the fiscal services firm inked a four-year deal with Majan Elect Co. worth OMR13.18mn to read counters, deliver bills and print them.

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