AGP Executive Report
Last update: 6 hours agoChina Ties: Oman and China signed a currency-swap deal worth up to 30 billion yuan (OMR1.5 billion), alongside 14 memoranda and a cooperation protocol, as Muscat seeks a preferential trade and investment pact with Beijing. Trade: Oman’s merchandise surplus widened to OMR6.5 billion through August, up from OMR3.9 billion a year earlier; exports grew 19.7%, led by oil and gas. Capital Markets: The Financial Services Authority is working to ease foreign access to the Muscat Stock Exchange and attract more institutional investors. Infrastructure: The Oman-GCC power link is 35% complete, with investment above OMR268.9 million and service targeted by end-2027. Nama also signed a deal with China’s State Grid for 1GW of battery storage projects. Digital Economy: Partners are exploring renewable power for a proposed $3 billion Salalah AI data park. Shipping Risks: An attack on a cargo vessel near Oman killed one Indian sailor and left 13 crew members rescued, underscoring growing risks to regional trade routes.
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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