AGP Executive Report
Last update: 3 hours agoStrait of Hormuz Security: The US struck two Iranian rocket launchers on Larak Island after IRGC forces were seen preparing sea-mine rockets, while Iran vowed retaliation and a tanker was also reported hit by an unknown projectile near Oman’s Khasab (UKMTO). Oman Banking Watch: Oman’s banks extended more loans than deposits, with the loan-to-deposit ratio at 102.9% at end-June, as private deposits rose 12.45% to over OMR19bn. Inflation Snapshot: GCC inflation stayed subdued in June-July despite oil price swings, but Oman’s inflation rose 3.2% year-on-year in July, led by food and transport. Oman Health Policy: Oman added “death cases for Omanis” to medical fee exemptions, bringing total exempt groups to 18. Regional Fintech: BENEFIT expanded GCC credit bureau connectivity by integrating Oman’s “Mala’a” with Bahrain’s BCRB, boosting cross-border corporate credit checks. Energy & Markets: UBS flagged commodities beyond oil—industrial metals, agriculture and gold—as both return drivers and inflation hedges amid Hormuz uncertainty.
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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