AGP Executive Report
Last update: 7 hours agoGreen Hydrogen & Logistics: OQ Alternative Energy and Asyad Group signed an MoU to buy green hydrogen and study how it can be used in Oman’s transport and logistics, moving the hydrogen push from planning to practical deployment. Hydrogen Ecosystem: Oman joined the International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) to align standards and accelerate adoption across transport, industry and power. Investment & Real Estate Promotion: Oman will take “Live Oman” to London starting Sept 21, pitching urban development projects and free-zone opportunities to UK investors via targeted meetings. Free Zone Growth: Al Mazunah Free Zone localised four projects worth over OMR620,000 in H1 2026, taking cumulative investment above OMR141m and leased area beyond 1.4m sqm. Corporate Performance: Raysut Cement reported H1 2026 net profit after tax of OMR2.71m, reversing losses from the same period last year. Markets: MSX market capitalisation rose to OMR38.9bn, up about OMR600m on stronger trading and sentiment. Tourism Push: Musandam is positioning itself as a sustainable tourism and investment hub, banking on infrastructure and service upgrades. Regional Shipping Risk: UKMTO said Hormuz traffic is down sharply, with the southern Omani route the highest-risk corridor amid projectile incidents. Diplomacy & Trade: Oman rejected Iran’s proposal to impose Strait of Hormuz service fees, citing concerns over confrontation and the need for US approval. Health Milestone: Oman carried out its fourth heart transplant, saving four lives from one brain-dead donor.
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