Tashkent, Uzbekistan – February 18, 2025 – The American University of Technology (AUT) and the Uzbek-Oman Investment Company (UzOman) have signed a Memorandum of Understanding (MoU) to foster collaboration in education and investment. The signing ceremony took place at the AUT campus, with UzOman’s delegation led by its Chief Executive Officer, Mr. Omar Bahram, and AUT represented by its Founding Partner, Mr. Timur Rakhmanov.
UzOman, a leading investment entity backed by the Oman Investment Authority and the Uzbek Fund for Reconstruction and Development, is a major investor in AUT. This partnership marks a significant milestone in the university’s mission to provide world-class education and drive sustainable economic development in Uzbekistan.
Mr. Timur Rakhmanov, Founding Partner of AUT, emphasized the significance of this collaboration: “This MoU symbolizes our shared vision for excellence in higher education. With UzOman’s strategic support, AUT will continue to develop innovative programs, cutting-edge research, and industry-driven learning experiences that prepare our students for the global economy.”
Mr. Omar Bahram, CEO of UzOman, highlighted the broader impact of the partnership: “UzOman is committed to investing in transformative projects that empower the next generation of leaders and innovators. Through this collaboration with AUT, we are fostering a knowledge-driven economy that aligns with Uzbekistan’s strategic growth ambitions.”
Prof. Dr. Said Irandoust, Founding Rector of AUT, expressed his enthusiasm for the partnership: “This agreement strengthens AUT’s foundation as a center for academic excellence and industry engagement. With UzOman’s backing, we will accelerate our efforts to create a dynamic learning environment that bridges education and real-world impact.”
AUT is Powered by ASU, meaning it mirrors the academic excellence and innovative learning approaches of Arizona State University, one of the world’s top institutions. Through this affiliation, AUT students benefit from globally recognized curricula, industry partnerships, and opportunities for international collaboration, ensuring they are prepared for successful careers in a rapidly evolving global landscape. Additionally, AUT students have dual degree options, allowing them to earn degrees from both AUT and Arizona State University, further enhancing their academic and professional prospects.
The MoU underscores a shared commitment to advancing higher education, innovation, and economic development in Uzbekistan. Moving forward, AUT and UzOman will explore joint initiatives, including research collaborations, student development programs, and industry partnerships to enhance academic and professional opportunities for students and faculty.
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