Celebrating a Milestone: 25 Years of Innovation and Growth with Oivan
Reflecting on a remarkable 25-year legacy, we honor the journey of Oivan—a beacon of innovation that has illuminated the path since its inception in the Kingdom of Saudi Arabia.
Riyadh, Saudi Arabia
The Year of Internet – 1998
It all started at the beginning of 1998 when KACST (King Abdulaziz City for Science and Technology) was looking for a company to help them open the internet in Saudi Arabia. Against all the odds, they chose a small Finnish company, Nixu Midle-East, for the job.
So, six young engineers flew to KSA to work together with KACST team and the rest is history. The internet was open on the 15th of December 1998. The Finnish team’s leader was Oiva Karppinen, later a major shareholder of NXme (through MBO) and Oivan Group (a merger between IWA and NXme). Below in the picture Oiva signing the agreement with the KACST in 1998.
Later, the organization name to maintain and monitor the Internet in KSA changed to CITC (Communication And Information Technology Commission). Still, the cooperation continued through the years, as the Oivan team remained a solid part of the CITC organization. Below picture of CITC with Oivan team members.
Strong Foothold and Customer Base in the KSA Begin To Form
As the years unfolded, Oivan’s growth narrative was marked by significant achievements, none more so than in 2017, when we were chosen to spearhead the development of the Sakani platform for the National Housing Company (NHC). This project was not merely about building a digital platform; it was about crafting a comprehensive ecosystem that empowered Saudi citizens to engage seamlessly with government housing initiatives.
With agility and precision, Oivan delivered the first iteration of this groundbreaking system within an impressive 1.5 months. It served as the nexus for real estate developers and the Ministry of Housing, streamlining the process of project registration and market release. The platform evolved to facilitate citizens in securing bank loan promises and reserving housing units, even coordinating a multitude of off-plan sales events across the nation. Our commitment to continuous improvement ensures that development is ongoing.
Below Ryan Alaql, Chief of Solutions Sector from NHC visiting Finland in 2022 and celebrating 5 years co-operation with Oivan’s CEO Rami Korhonen, CCO Tapio Äijälä and CTO Jussi Virtanen.
During the years, we have had the privilege of working with numerous government and private entities, including esteemed organizations like NHC, CST, SDAIA, NEOM, SEEC, Ministry of Finance, STC, ROSHN, Tadawul, and NCGR, among others.