AGP Executive Report
Last update: 8 hours agoShipping and Energy: At least 15 container ships have been attacked in the Strait of Hormuz in 10 days, with Brent near $108 a barrel. The disruption threatens regional trade and raises risks for Oman’s ports and energy exports. Growth and Investment: Omani businesses’ value added rose 31.2% as second-quarter GDP reached RO12.9 billion; FDI stock stood at RO32.2 billion at the end of June. Finance: The Central Bank of Oman allocated OMR48.6 million in short-term Treasury bills. Sohar International also launched a banking package for expatriates, including housing finance and remittances. Industry and Logistics: OPAZ awarded a contract for roads and utilities at Duqm’s Fisheries Industries Zone to support new investment. The government confirmed Salalah Port’s current concession will end in November 2028, with a new operator to be announced. Trade and Partnerships: Sultan Haitham’s UK state visit puts trade and investment ties in focus. Oman’s Dates and Honey Exhibition has brought 100 businesses together to promote local products and reach new markets.
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