AGP Executive Report
Last update: 8 hours agoRenewables Push: Nama PWP launched an RFQ for two large-scale solar PV projects in Oman—Adam (1,000MW with battery storage) and Sinaw (500MW)—totaling 1.5GW and nearly $1bn investment, aiming to strengthen grid stability under Oman Vision 2040. Healthcare Infrastructure: Oman’s Ministry of Health awarded the Oman Genome Centre and Bio Bank project in Al Seeb, Muscat, with bids ranging from OMR 3.998m to 6.798m. Mining Output: Alara Resources hit a production milestone at Al Wash-hi Majaza, dispatching its 50th copper-gold concentrate shipment from Sohar Port. Agriculture City Plan: Foster + Partners unveiled the sustainable masterplan for Al Najd Agricultural City in Dhofar, targeting 13,000 residents and 6,500 jobs. Maritime & Energy Shockwatch: GCC-US talks in Bahrain focused on Strait of Hormuz security as Oman announced a temporary corridor; Iran’s IRGC warned against unauthorised routes and tolls remain a flashpoint. Oil Prices: Brent slid back toward pre-war levels as Hormuz traffic improves, easing cost pressures expectations.
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