AGP Executive Report
Last update: 5 hours agoOman Banking Watch: Oman’s commercial banks lent more than they took in deposits by end-June, pushing the loan-to-deposit ratio to 102.9%, with private deposits up 12.45% year-on-year to OMR 19.37bn. Energy & Power: Oman’s total electricity production rose 4.5% by end-July to 31,732.5 GWh, led by a sharp jump in Muscat output (+197.4%). Renewables in Duqm: Duqm’s wind push moved to construction-ready status, with Duqm North and Duqm South wind projects (58MW total) set to generate about 190 GWh annually. Water Security: A Salalah symposium kicked off on water resources sustainability and climate change, focusing on modern tech, policy, and adaptation. Manufacturing Skills: Oman is looking to strengthen TVET links to industry needs under Manufacturing Strategy 2040, with emphasis on digital and automation skills. Used Car Parts Rules: Oman’s Consumer Protection Authority tightened trading rules for used vehicle spare parts, banning key safety components and requiring warranties. Hormuz Shock to Trade: Fresh attacks and tanker incidents around the Strait of Hormuz kept shipping disruption in focus, with traffic still far below normal and oil-route risk spilling into regional markets. Omani Rose Supply Chain: Amouage highlighted a new Omani rose essential-oil supply chain from Jabal Akhdar, stressing limited output and single-distillation purity.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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