Oman National Engineering & Investment Company SAOG announced to its valued shareholders and investors that, Ms. Nama (Dhofar Services) Company has extended Oman National Engineering & investment Company SAOG (ONE|C), on April 30, 2024, the contract for Recovery and Defaulter Management Services including DC/RC services at Dhofar Governorate (Tender # 018/2021) for the sum of OMR 5,043,659 (Five million forty - three thousand six hundred fifty -nine Omani Rials) for the period of (2) years commencing on 1/g/2024. This contract considered to be one of the most important contracts in the billing sector. It shall enhance ONEIC presence and support its strategic approach including digital collection transformation.

The company expects generating reasonable revenue through this contract.