AGP Executive Report
Last update: an hour agoOman’s Industrial Push: Oman’s manufacturing is shifting toward higher value, technology-linked growth under Industrial Strategy 2040, with manufacturing GDP contribution at about OMR3.7bn in 2025 and OMR869m in Q1 2026, while non-oil exports and re-exports rose by May. Energy & Community: OQ Group wrapped its Energy Pioneers Summer Programme 2026, training 270+ children over four weeks with STEM, entrepreneurship and sustainability, alongside inclusive participation with children with disabilities. Tourism Sustainability: Oman is convening local community and youth-focused discussions on sustainable tourism in Al Jabal Al Akhdar, stressing community ownership of cultural identity and benefits. Hormuz Watch for Business: Iran and Oman discussed a temporary joint navigational corridor and mine-clearing for the Strait of Hormuz, lifting hopes for safer shipping; the development helped pull down oil prices and eased market nerves ahead of US inflation and Nvidia results. Household Energy Pressure: Rising energy bills remain a concern as global crude weakness meets ongoing tariff/sanctions uncertainty, with households facing higher costs.
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