Oman’s sleepy tech sector showing signs of promise

At a challenging moment for Middle East startups navigating an investment downturn in 2024, glimmers of a new breakthrough could be emerging in a quiet corner of the region’s tech sector: Oman. 

In July the Omani carbon removal startup 44.01 announced that it had raised $37 million from investors including global players like Amazon’s Climate Pledge Fund and Siemens alongside local backers including the UAE’s Shorooq Partners. They…