AGP Executive Report
Last update: 8 hours agoFood Security: Oman signed more than 100 usufruct agreements for projects worth over RO77 million across 9,000 acres, expanding local food production. Digital Infrastructure: IFC will advise Yamna on its proposed $1.3 billion AI-ready data centre campus in Dhofar, including sustainability and financing preparation. Industrial Investment: SOHAR Freezone secured six land-lease deals representing more than $163 million in planned manufacturing and logistics projects. Shipping: Asyad Shipping’s nine-month net profit more than doubled to RO67.6 million, with revenue up 10% to RO277.4 million. Finance: Four royal decrees establish operating, regulatory and court laws for Oman’s International Financial Centre, alongside a complementary tax law. Local Industry: Oman plans preferential bank financing for industrial firms tied to their local-content contribution. Trade Links: Oman and Uzbekistan are exploring manufacturing, food processing and logistics investments in their economic zones. Water Infrastructure: The RO125 million Al Ghubrah 3 desalination plant is 93% complete and is expected to start operating in 2027.
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