Posted on October 17, 2011

Mumbai based Viva Infoventures has entered into a joint venture with Al Majed Technologies, a member of the Al Majed Group, one of the leading business houses in Qatar with over six decades of presence in the market to explore opportunities in knowledge driven sectors of Education, Technology and Media.

The agreement outlining the strategic tie up was signed by Viva's promoter Vineet C. Nambiar and Managing Director of AMT, Hussain Salatt in the presence of Al Majed Group Head of Finance & Admin Jacob V. Jacob. Viva undertakes knowledge ventures that are by nature entrepreneurial and transformational.

Hussain Salatt observed that, "Qatar is rapidly assuming significance as the primary hub for business in the Middle East and lot of this has to do with the dynamic ICT development activities it has embarked on." The partnership is yet another example of growing International interest in Qatar's Knowledge economy initiatives.


Jacob adds that "Al Majed Group was keen to participate in the diversification of Qatar's economy and the national development of science, technology and intellectual capabilities in line with Qatar's National Vision 2030." He believed this partnership harnessing Viva's technical prowess and Al Majed's Business Intelligence will make for a highly potent combination.

Viva is inspired by Qatar's vision to develop a knowledge based economy through indigenous innovation capabilities and knowledge based assets. "We are excited about the steps being taken in this direction and hope to play a role in achieving this goal," says Vineet.

source: Ameinfo