AGP Executive Report
Last update: 10 hours agoPorts and Logistics: Oman will not renew Salalah Port Services’ concession when it expires on 1 November 2028. The current operator will stay until then, but no successor has been named. Separately, a tanker was involved in an incident with military forces off Duqm as Hormuz shipping risks persist; crude exports through the strait remained at 82% of pre-war levels, while refined products were at 44%, Kpler reported. Water Infrastructure: Veolia-Bahwan won a five-year operations and maintenance contract for the 80,000-cubic-metre-a-day Al Asilah desalination plant, including its solar farm. Investment and Industry: Oman’s foreign investment stock reached RO32.2 billion by the end of the second quarter, up 6.4% year on year. Advanced Packaging plans a US$10 million beverage plant, while OPAZ awarded a contract to develop Duqm’s Fisheries Industries Zone. Trade Ties: Sultan Haitham’s UK state visit is putting trade and investment cooperation in focus, with business leaders due to meet the Sultan.
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