Oman Investment Authority (OIA) has expanded its strategic portfolio in the water sector through an investment in US-based Gradiant, a global leader in advanced water and wastewater treatment solutions, according to Oman News Agency.
Gradiant, which holds 166 registered patents and has 67 pending applications, has been a key partner for OIA in localising cutting-edge technologies for the Omani market.
According to the latest issue of OIA’s bulletin Enjaz & Eejaz, the collaboration has led to the establishment of the Oman Laboratories Innovation Centre in partnership with Nama Water Services Company, as well as discussions with Gradiant’s subsidiary Turing Company on leveraging artificial intelligence to address the sultanate’s water sector challenges.