AGP Executive Report
Last update: 9 hours agoOman Aviation & Environment: Oman’s Civil Aviation Authority is set to launch an Advanced Air Mobility Forum on June 25, aiming to shape a national roadmap for drones, electric air taxis and next-gen urban air transport under the National Aviation Strategy 2040. In parallel, the Environment Authority unveiled the National Strategy to Combat Desertification 2040, targeting land restoration, higher tree cover and stronger resilience. Oman Energy & Infrastructure: South Korea’s Doosan Enerbility won an EPC contract worth about $350mn for the 870MW Duqm combined-cycle power plant, due for completion in 2029. Oman Finance: The Central Bank of Oman raised OMR43mn via treasury bills (91-day and 182-day tenors). Oman Capital Markets & Banking: The Financial Services Authority held its second 2026 board meeting, reviewing brokerage regulatory controls and market linkage impacts on the Muscat Stock Exchange. Bank Nizwa also enhanced its Recurring Deposit with added Life Takaful benefits. Oman Trade & Logistics: Oman’s transport and storage sector added RO 2.3bn to the economy in 2025, supported by port cargo growth and infrastructure delivery. Oman Food Security: Oman Flour Mills began receiving the 2026 local wheat harvest under its national wheat purchase programme. Regional Business Watch (Hormuz): US temporarily lifted Iran oil sanctions for 60 days after Switzerland talks, while shipping through the Strait of Hormuz is slowly picking up—though control, possible tolls and nuclear inspection disputes remain key uncertainties.
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