AGP Executive Report
Last update: 9 hours agoOman Startup Funding: Cyfr Capital, with Future Fund Oman, has backed five Omani Seed Fund startups—Sooq Cars, iO Eats, Darrbak, Decoil and Pack’N—spanning automotive commerce, food delivery, tourism experiences, AI/data and smart food packaging. Capital Markets & SMEs: Muscat Stock Exchange signed an MoU with the Oman Academy for SMEs (Inma) to boost investment awareness, training and SME access to the capital market. SME & Skills Push: Oman’s push for business readiness continues with partnerships and youth-focused initiatives, including GCC-wide gains in digital skills tied to higher education spending. Trade & Shipping Shockwaves: The Strait of Hormuz remains a flashpoint as the UAE halts trade and financial transactions with Iran after missile claims, while shipping traffic stays subdued and oil prices hover above $90—raising costs and uncertainty for regional commerce. Tourism Infrastructure: Dhofar road projects are accelerating ahead of Khareef, with expectations of over one million visitors, supported by improved access and traffic safety. Energy & Materials: Al Buraimi’s mining output hit 5.59m tonnes in 2025, reinforcing its role in logistics and building materials supply chains.
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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