AGP Executive Report
Last update: 6 hours agoOman Water Sector Upgrade: Nama Water Services (NWS) has awarded a 15-year, ~RO 900m performance-based contract with Suez and Oman partners to run water and wastewater services across Muscat plus North and South Sharqiyah, covering 2.3m people and targeting reduced unaccounted-for water losses. Oman Credit Milestone: S&P Global has assigned OQ Exploration & Production (OQEP) its inaugural global rating of ‘BBB-’ (stable), lifting investor and lender confidence after the company’s 2024 Muscat listing. Oman Energy & Markets: OPEC+ agreed to raise August output by 188,000 bpd, including Oman, as Hormuz shipping gradually normalises—oil prices slipped on the news. Tourism Push: Oman Travel Hub launched to market Oman’s landscapes and “hidden experiences” while linking small tourism operators to international travellers. Air Travel Performance: SalamAir reported Q2 2026 on-time performance of 80.01%, up from Q1, despite regional disruptions. Hormuz Watch: Iran and Oman are again at the centre of shipping fee and route-control discussions as maritime traffic patterns remain sensitive.
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