AGP Executive Report
Last update: 3 hours agoAgriculture: Oman’s agriculture and fisheries output rose 3.3% to RO623.5 million in the first half of 2026. Industry and Investment: Oman Cables has begun work on its third Rusayl plant, with investment exceeding RO10 million, while OTTCO has issued a tender to expand its oil storage park. An Oman summit also unveiled plans for factories and waste-treatment projects. Regulation: Authorities shut 17 Sanad service centres after inspections found regulatory breaches. Trade: Oman’s free-trade agreement with India offers duty-free access and new export opportunities; recent Oman-Pakistan agreements also aim to deepen trade and investment. Shipping and Energy: Attacks around the Strait of Hormuz are disrupting regional trade. Supertanker rates eased from record highs this week, but remain elevated, adding to shipping costs and inflation risks.
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