AGP Executive Report
Last update: 3 hours agoDuqm Steel Decarbonisation Push: UK firm PeroCycle has been commissioned by Jindal Steel Oman to assess carbon recycling for its low-carbon DRI complex at SEZAD, aiming to capture CO₂ and convert it back into carbon monoxide for reuse in the steelmaking process. Banking Leadership: Bank Nizwa appointed Tariq Atiq as CEO, banking on his 25+ years of retail, corporate, SME and digital experience to drive the next phase of growth. Industrial Investment Pipeline: be’ah unveiled new industrial investment opportunities, including plans for local geosynthetics manufacturing to cut import dependence and strengthen supply-chain resilience. Trade Momentum: India’s Piyush Goyal says the India–Oman FTA is on track to take effect from June 1, with duty-free access for most Indian exports. Regional Shockwatch: The Iran ceasefire remains fragile as shipping and energy risks keep markets jittery, with Maersk again advising vessels to avoid Strait of Hormuz transits.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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