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Enterprise Security Magazine | Wednesday, May 26, 2021
Crossword Cybersecurity Plc announces its desire to establish a subsidiary in the Sultanate of Oman as its Middle Eastern Regional Headquarters.
FREMONT, CA: Crossword Cybersecurity Plc, a technology commercialization firm dedicated to cybersecurity and risk management, has announced its desire to establish a subsidiary in the Sultanate of Oman as its Middle Eastern Regional Headquarters. Crossword has signed a memorandum of understanding with Al-Rawahy Holdings LLC of the Sultanate of Oman, which will result in the development of a licensed subsidiary known as Crossword Cybersecurity LLC, which will be majority-owned by Crossword.
With more than 40 years of experience supporting the growing and vibrant sectors of the Oman economy and all over the Gulf region, the Company believes Al-Rawahy Holdings LLC is the ideal partner for Crossword. The group employs over 10,000 people and operates in the oil and gas, facility management, telecommunications, mining, infrastructure, trading, and construction industries.
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The signing of the UK-Oman Comprehensive Agreement and the Joint Defense Agreement (JDA) in 2019 by the UK and Oman governments extends years of digital partnership, deepening collaboration on cybersecurity and exchanging expertise in developing secure and resilient information management and communications technology.
Tom Ilube CBE, CEO of Crossword Cybersecurity Plc, said: “Now is an excellent time to deepen private sector cyber security solutions in Oman, and engage in knowledge exchange and training in the region as Crossword seeks to support Oman’s Vision 2040 cyber goals. During 2020, Crossword saw strong revenue growth of 25 percent, including our first project in Oman. We are delighted to be partnering with the Rawahy Group in the creation of Crossword Cybersecurity LLC, giving us a permanent presence with which to meet the cyber security needs of organizations in Oman and across the Gulf region.”
Sheikh Is-haq Al-Rawahy, Vice Chairman of Al-Rawahy Holdings LLC, said, “We are excited partnering with Crossword Cybersecurity Plc to offer their experience and professional service in the much-needed cyber security for the region, starting here in Oman. This is in line with the country’s 2040 vision and our Group’s strategic objectives of utilizing the unique position of Oman in establishing a strong base for regional expansion at the right time.”
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