AGP Executive Report
Last update: 10 hours agoShipping and Oil: A tanker was hit by an unidentified projectile 19 nautical miles northeast of Lima, Oman; its crew was safe. ADNOC also reported damage to a vessel in UAE waters. Brent rose to $92.20 a barrel after a two-month low, as Hormuz attacks offset hopes of easing tensions. Capital Markets: Sohar International reported strong demand for Asyad Shipping’s share offering. The Muscat Stock Exchange expects to meet FTSE Russell’s emerging-market upgrade requirements and sees three state-owned company IPOs in 2027. Investment and Diversification: Oman Air and GMF AeroAsia launched the country’s first aircraft maintenance company, while SOHAR signed six industrial investment agreements. An IFC-backed $1.3 billion AI data centre is also planned in Oman. Growth Agenda: Oman Vision 2040 figures show GDP at constant prices rose 13.9% from 2021 to 2025, with 10 indicators already meeting their 2030 targets. The digital economy now accounts for 9% of GDP.
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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