AGP Executive Report
Last update: 8 hours agoGlobal Investment: Oman is set to become the Eurasian Development Bank’s first Gulf shareholder, opening a route to financing for infrastructure, energy and digital projects. The move follows agreements with Kazakhstan on investment protection and a joint investment vehicle, alongside plans to expand trade and use Omani ports to connect Central Asia with the Indian Ocean. Capital Markets: FTSE Russell has put Oman on its watchlist for possible promotion from Frontier to Secondary Emerging market status, while the Muscat Stock Exchange’s own watchlist inclusion marks a step toward wider global investor attention. Business Growth: Oman is promoting pharmaceutical manufacturing investment at Milan’s industry exhibition and reviewing ways to strengthen trade and investment in South Al Batinah. Earlier indicators showed GDP grew 5.1% in the second quarter and the trade surplus reached RO5.5 billion. Digital Infrastructure: Ooredoo’s connectivity arm agreed to buy fibre capacity in Iraq, supporting a planned data route linking the Gulf and Asia with Türkiye and Europe.
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