{"id":50811,"date":"2025-09-13T13:53:30","date_gmt":"2025-09-13T10:53:30","guid":{"rendered":"https:\/\/entarabi.com\/?p=50811"},"modified":"2025-09-13T13:58:25","modified_gmt":"2025-09-13T10:58:25","slug":"omans-rihal-secures-7-5-million-from-ithca-group-to-drive-innovation-and-global-expansion","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/09\/omans-rihal-secures-7-5-million-from-ithca-group-to-drive-innovation-and-global-expansion\/","title":{"rendered":"Oman\u2019s Rihal Secures $7.5 Million from ITHCA Group to Drive Innovation and Global Expansion"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"138\" data-end=\"275\">Funding Milestone: Oman-based Rihal secures $7.5M Series A funding led by ITHCA Group, as part of its $15M growth plan.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"138\" data-end=\"275\">Remarkable Growth: The company has achieved a 119% annual growth rate since 2021, driven by innovative data solutions and a strong tech workforce.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"276\" data-end=\"434\">\n<p data-start=\"278\" data-end=\"434\">Global Expansion: The new funding will accelerate Rihal\u2019s entry into regional and international markets, enhancing its AI-driven platforms and digital capabilities.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"711\" data-end=\"1037\">Rihal, a leading Omani technology and data services company, announced the successful first closing of its Series A funding round, raising $7.5 million from ITHCA Group. This investment forms part of Rihal\u2019s ambitious plan to raise $15 million to accelerate innovation and expand globally.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"1039\" data-end=\"1072\">Impressive Growth Since 2021<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1073\" data-end=\"1308\">Since its seed round in 2021, Rihal has demonstrated exceptional growth with a 119% annual increase, powered by its expansion into key strategic sectors including government services, logistics, telecommunications, and oil &amp; gas.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1310\" data-end=\"1587\">The company\u2019s growth is underpinned by a team of over 300 skilled professionals, of whom 80% work in advanced technical roles. Rihal also places strong emphasis on local talent, with Omanis representing 90% of its workforce, and women making up an impressive 43%.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"1589\" data-end=\"1613\">Leaders\u2019 Statements<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1614\" data-end=\"1654\">Azan Al Kindy, CEO of Rihal, said:<\/p>\n<blockquote dir=\"ltr\" data-start=\"1655\" data-end=\"1869\">\n<p data-start=\"1657\" data-end=\"1869\">\u201cThis investment reflects the recognition of our team\u2019s dedication and achievements. Partnering with ITHCA Group provides us with the resources to scale further, strengthen our innovation, and expand globally.\u201d<\/p>\n<\/blockquote>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1871\" data-end=\"1925\">Said Al Mandhari, CEO of ITHCA Group, commented:<\/p>\n<blockquote dir=\"ltr\" data-start=\"1926\" data-end=\"2158\">\n<p data-start=\"1928\" data-end=\"2158\">\u201cRihal has proven its ability to grow rapidly, innovate continuously, and diversify across high-value sectors. We are proud to lead this Series A round and look forward to witnessing Rihal\u2019s continued success on a global stage.\u201d<\/p>\n<\/blockquote>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"2160\" data-end=\"2228\">Amir Al Alawi, Head of Asset Management at ITHCA Group, added:<\/p>\n<blockquote dir=\"ltr\" data-start=\"2229\" data-end=\"2451\">\n<p data-start=\"2231\" data-end=\"2451\">\u201cWe focus our investments on companies that demonstrate strong leadership, growth potential, and regional impact. Rihal is one of those rare companies poised to become a key player not only in Oman but across the GCC.\u201d<\/p>\n<\/blockquote>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"2453\" data-end=\"2493\">Paving the Way for Global Expansion<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"2494\" data-end=\"2529\">The funding will enable Rihal to:<\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\" data-start=\"2530\" data-end=\"2749\">\n<li data-start=\"2530\" data-end=\"2594\">\n<p data-start=\"2532\" data-end=\"2594\">Enhance its AI-powered platforms and digital data solutions,<\/p>\n<\/li>\n<li data-start=\"2595\" data-end=\"2650\">\n<p data-start=\"2597\" data-end=\"2650\">Expand into regional and international markets,<\/p>\n<\/li>\n<li data-start=\"2651\" data-end=\"2749\">\n<p data-start=\"2653\" data-end=\"2749\">Meet the rising demand for advanced enterprise solutions in data management and analytics.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"2751\" data-end=\"3000\">Rihal also announced that it is opening its second closing of the Series A round, targeting strategic investors who share the company\u2019s vision of pioneering innovative enterprise solutions and accelerating digital transformation in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Funding Milestone: Oman-based Rihal secures $7.5M Series A funding led by ITHCA Group, as part of its $15M growth plan. Remarkable Growth: The company has achieved a 119% annual growth rate since 2021, driven by innovative data solutions and a strong tech workforce. Global Expansion: The new funding will accelerate Rihal\u2019s entry into regional and [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":50809,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[8850],"tags":[3754,9523,9522,3870,9524,9525,9521],"class_list":["post-50811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture","tag-artificial-intelligence","tag-data-innovation","tag-global-expansion","tag-ithca-group","tag-oman-tech-startup","tag-rihal-oman-en","tag-series-a-funding"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/50811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=50811"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/50811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/50809"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=50811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=50811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=50811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}