AGP Executive Report
Last update: an hour agoInvestment and Growth: Oman is courting French firms in energy, infrastructure, technology and healthcare as Q2 GDP rose 5.1% to RO9.9bn. Petroleum activity grew 14.7%, while industrial activity fell 1.5%. Aviation and Manufacturing: A RO25.4m partnership with Indonesia’s GMF AeroAsia will develop aircraft maintenance, engineering training and component manufacturing. Raysut Industrial City attracted nine projects worth RO6.55m in the first half, across sectors including iron, mining and food production. Clean Energy: Naseem Dhofar is advancing its 125MW Dhofar II wind project, a RO43m investment supporting Oman’s renewables target. Muscat’s upcoming electricity conference will focus on grid resilience. Trade and Supply: Oman and Iran plan to present a proposed safe-route agreement for the Strait of Hormuz to an international body amid rising shipping risks. Oman’s refinery output fell 2.4% to 149.96 million barrels in the first eight months of 2026.
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