AGP Executive Report
Last update: 7 hours agoOman Energy & Renewables: Oman’s regulator-backed “Imtidad” programme will launch Oman’s first community solar power station in Al Wadi Al Kabir, letting residents and organisations subscribe for bill credits without installing rooftop systems. Oman Competitiveness: Oman improved in the 2026 IMD World Competitiveness ranking, moving to 25th out of 70, with gains tied to business efficiency, government effectiveness and investment incentives under Oman Vision 2040. Oman Trade & Industry: Oman reported a RO 1.54 billion trade surplus in the first quarter of 2026, while projects and financing momentum continues across sectors including logistics and green initiatives. Regional Shipping Shock (Hormuz): The Strait of Hormuz remains the week’s biggest business risk as Iran and the US trade claims over closures, toll language and mine clearance; even with traffic rising after the US-Iran MoU, industry groups warn normal operations won’t return until mines are cleared and insurers/shipowners regain confidence. Oman Education & Youth: MCBS hosted a two-day gaming championship in Muscat with RedBull Mobile and Omani esports firm Squad UP, drawing 80+ registrations and highlighting growing youth interest in digital skills.
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