Crossword Cybersecurity Plc Signs Memorandum of Understanding with Al-Rawahy Holdings, Signalling Gulf Region Expansion

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18 May 2021 – London, UK – Crossword Cybersecurity Plc (AIM:CCS, “Crossword”, the “Company” or the “Group”), the technology commercialisation company focused on cyber security and risk management, has today announced its intention to establish a subsidiary in the Sultanate of Oman as its Middle Eastern Regional HQ. A memorandum of understanding has been signed with Al-Rawahy Holdings LLC of the Sultanate of Oman, which will see the formation of a licensed subsidiary called Crossword Cybersecurity LLC, majority owned by Crossword.

The Company believes that Al-Rawahy Holdings LLC is the perfect partner for Crossword, with over 40 years’ experience supporting the growing and vibrant sectors of the Oman economy and throughout the Gulf region. With over 10,000 employees, the group is active in the oil & gas, facility management, telecoms, mining, infrastructure, trading and construction industries.

Crossword Cybersecurity LLC will be the exclusive third-party distributor of Crossword’s existing and future cyber security products, including Rizikon, the SaaS platform that enables medium to large companies to assess and manage all risks from their suppliers….

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