12:02:05 EDT Sun 11 May 2025
Enter Symbol
or Name
USA
CA



NTG Clarity Networks Inc
Symbol NCI
Shares Issued 147,972,355
Close 2022-10-12 C$ 0.03
Market Cap C$ 4,439,171
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NTG Clarity, Outsource sign IT co-operation MOU

2022-10-12 11:59 ET - News Release

Ms. Kristine Lewis reports

NTG CLARITY AND OMB SIGN A COOPERATION MOU

NTG Clarity Networks Inc. and Outsource Management Business (OMB), a division under Etisalat Services Holding, have signed a memo of understanding (MOU) to co-operate in providing IT (information technology) products and services in the Middle East.

"Our vision at OMB is to be the leader in business process outsourcing. We have been doing due diligence for partners to help us achieve these goals and vision. We have done a review of the leading providers in the region and we have found NTG to have strong technical capabilities with a long history of providing quality IT products and services. We look forward to working with NTG in their current markets in the Middle East," said Faisal Al Rais, vice-president, HR outsourcing management, OMB.

"At NTG, we are excited to be chosen as a partner by OMB. We look forward to expanding our business in the region. We are sure this agreement will make both organizations grow faster and provide a wider portfolio of products and services. This agreement will enable both organizations to capitalize on the others' expertise and strengths to achieve their goals," said Ashraf Zaghloul, NTG's chief executive officer.

About NTG Clarity Networks Inc.

NTG Clarity's vision is to be a global leader in providing networking solutions. As a Canadian company established in 1992, NTG Clarity has delivered networking, IT and network-enabled application software solutions to network service providers and large enterprises. More than 500 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

About Outsource Management Business

Outsource Management Business is a division under Etisalat Services. OMB is a licensed recruitment and outsourcing company that has been servicing the manpower requirements of the different group companies within Etisalat. With a headcount of over 7,000 staff, it is now focusing on expanding its services to cater to the increasing demand for staffing and outsourcing services in the region.

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