AGP Executive Report
Last update: 5 hours agoInvestment: Oman’s Urban, Home & Building Expo secured more than RO550 million ($1.43 billion) in agreements, led by a RO400 million tourism development deal in Dhofar. Capital Markets: FTSE Russell added Oman to its watch list for possible promotion to Secondary Emerging Market status, citing progress on market access, liquidity and investable securities. Kazakhstan Ties: Sultan Haitham’s state visit produced eight agreements, including an investment-protection pact and a joint investment vehicle; Oman also agreed to join the Eurasian Development Bank as its first Gulf shareholder. India Partnership: Oman and India reviewed trade, investment, energy and logistics cooperation, with a focus on implementing their Comprehensive Economic Partnership Agreement. Digital Infrastructure: Ooredoo’s OFN signed a dark-fibre deal to extend a planned Gulf cable route across Iraq towards Türkiye and Europe. Trade Links: Omani firms signed six agreements with Bahraini partners to boost exports and access Gulf markets. Shipping Risks: Rising tanker attacks around Hormuz threaten the costly routes sustaining Gulf oil exports, adding uncertainty for regional trade.
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