AGP Executive Report
Last update: 8 hours agoCybercrime Crackdown: Oman issued a new Law on Combating Cybercrimes (Royal Decree 61/2026) with harsh penalties for online drug trafficking, including death penalty or life imprisonment for digital promotion/trafficking of narcotics and psychotropics. Medicines Enforcement: A separate legal framework targets the unauthorized online promotion and sale of unlicensed medicines and herbal products, with jail terms and fines up to OMR 100,000, and doubled penalties for adulterated/counterfeit/expired items. Energy Deals: OQEP signed an MoU with Libya’s Investment Authority to explore joint oil and gas investment opportunities. Trade Route Talk: Turkey’s minister says a modernised Hejaz Railway could be extended to Oman to offer an alternative route to Hormuz. Oman Business Pulse: Muscat Stock Exchange trading stayed above 1bn Omani rials for a fourth straight month in May; Global SWF praised OIA’s role in boosting state-asset profitability. Jobs & Mobility: 600 private-sector vacancies were announced in Muscat, while Oman accelerates EV charging rollouts at hotels. Hydrogen Corridor: Gasunie backed a hydrogen trade corridor linking Duqm with Northwest Europe, with support for Oman’s hydrogen transport network.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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