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AGP Executive Report

Last update: 8 hours ago

Oil & Markets: Oil jumped more than 3% after fresh Iran-Israel exchanges, with Brent around $97 and WTI above $94, while Gulf stocks slid on renewed geopolitical risk and worries about global demand. Oman Energy & Gas: Oman reported natural gas output growth of 4.6% to 18.77bn cubic metres by end-April 2026, with higher associated and non-associated production and rising gas use in power generation. Water Infrastructure: Barka Water and Power invited expressions of interest to sell, dismantle and remove two seawater desalination plants (SWRO-1 and SWRO-2), after their water purchase agreements expired and operations ceased. Renewables Pipeline: Nama Power and Water Procurement Company opened bids for project management and supervision for the 300MW Marsa Solar IPP, with submissions due July 26. Trade & Standards: Oman marked World Accreditation Day, highlighting accreditation’s role in boosting SME competitiveness and trust in testing, inspection and certification. Business Events: Oman CX Forum & Awards 2026 is set for 10 June in Muscat, focusing on customer experience and digital-first engagement. Tech & Culture: Oman’s Oman Accreditation Centre and GCC-Stat-backed Youth Creativity Award in the World of Data saw Oman winners in statistical analysis and open-data solutions. Security Watch: The Strait of Hormuz and wider shipping risks stayed in focus as regional tensions threaten maritime routes and energy flows.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 3, 2026

MEBIS 2026 draws 400-plus bankers ahead of Dubai summit

EIN Presswire

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May 19, 2026

ALTAVE brings AI offshore safety tools to OPES 2026

EIN Presswire

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May 19, 2026

IMARC pitches green steel plant report as CBAM tightens pressure on exporters

EIN Presswire

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May 19, 2026

IMARC Group pitches polysilicon plant feasibility report for solar and chip supply chains

EIN Presswire


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Oman’s central bank raises OMR38.1mn through treasury bills

Oman’s central bank raises OMR38.1mn through treasury bills

Oman Future Fund to sign new investment deals worth over RO 570 million in key sectors

Oman Future Fund to sign new investment deals worth over RO 570 million in key sectors

Oman’s Nama swiftly restores electricity to family after appeal draws attention

Oman’s Nama swiftly restores electricity to family after appeal draws attention

Oman’s Civil Defence takes over marine rescue station operations from CAA

Oman’s Civil Defence takes over marine rescue station operations from CAA


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Jun. 4, 2026

Iran Claims Strike on US Destroyer in Gulf of Oman, US Denies Incident

MENAFN

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Jun. 4, 2026

Iran Claims Strike on US Warship in Gulf of Oman; Washington Denies Incident

MENAFN

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Jun. 3, 2026

Turkey Plans Revived Hejaz Railway Route as Alternative Trade Corridor to Hormuz

MENAFN

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Jun. 3, 2026

Asyad Group Expands Its Global Footprint with the Acquisition of a Controlling Stake in Uzbekistan’s Logistics Platforms, Advancing Trade Corridors & Regional Connectivity Across Central Asia

GlobeNewswire, Inc.

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Jun. 3, 2026

MEBIS 2026 Gains Strong Momentum as Banking Leaders Prepare for the 17th Annual Middle East Banking Innovation Summit

EIN Presswire

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Jun. 3, 2026

USTR Makes Findings and Proposes Action in 60 Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods

Office of the United States Trade Representative

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