A knowledge-based company is one in which knowledge and technology are integral assets.
Such a company is approved under legal criteria to bring together knowledge and wealth, develop a knowledge-based economy, and achieve scientific and economic goals. These include expanding and applying innovation and commercializing research and development in high-technology fields with substantial added value. Companies are classified as Type 1 or Type 2 according to technical complexity.
After developing Hamdar and receiving Type 2 knowledge-based certification, Amnesh focused its efforts on improving the product. Over the past 2 years, the company paid particular attention to its development, improving its quality and technology and adding a range of features.
Following an assessment by the Vice Presidency for Science and Technology to renew its knowledge-based certification, Hamdar was classified as a high-technology product and upgraded from Type 2 to Type 1.