AGP Executive Report
Last update: 9 hours agoFiscal Policy: Oman’s public revenues rose 16% to OMR9.82 billion through the third quarter, leaving a OMR90 million budget surplus. A government committee also reviewed plans to lift non-oil income and support pharmaceutical and medical-device clusters. Food Production: A project worth more than OMR51 million in Al Wusta will farm up to 30,000 tonnes of shrimp a year, supporting local supply and exports. Investment: Oman won a WAIPA award for developing investment-ready projects and facilitating partnerships. Ports and Logistics: Khasab Port reported growth in trade, re-exports and cargo handling, while renewed tanker attacks near Oman highlight risks to shipping through Hormuz. Aviation: Oman Air and Indonesia’s GMF AeroAsia launched a joint venture to establish the country’s first aircraft maintenance and repair facility at Muscat International Airport.
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