AGP Executive Report
Last update: 7 hours agoEnergy & Technology: Petroleum Development Oman launched an AI and autonomous production programme, a digital-twin project and a five-year digital well-construction partnership with SLB and Halliburton. Manufacturing: Keryas Paper Industry and Al Karama Hypermarket plan a $12 million tissue plant in Suhar, with annual capacity of 20,000 tonnes. Digital Infrastructure: A consortium’s proposed $3 billion Salalah data centre would fund core facilities and power and network connections; financing and construction dates are not yet confirmed. Trade & Connectivity: Adani Ports set up an Oman subsidiary for ports and logistics, without naming a terminal. MBSat also partnered with ST Engineering iDirect on satellite ground infrastructure ahead of a planned 2027 service launch. Costs & Shipping: Oman’s import prices rose 11.7% year on year in Q2, with mineral fuel costs up 45.5%. Recent tanker incidents near Hormuz and Iraq add to risks for regional shipping. Investment: Oman Investment Authority is leading a planned $500 million fund for Central Asia and the Caucasus, targeting sectors including logistics, mining, agriculture and renewable energy.
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