AGP Executive Report
Last update: 7 hours agoOman–Kazakhstan State Visit: Sultan Haitham bin Tarik wrapped up a two-day visit to Astana, with leaders signing five agreements and 10 MoUs spanning investment protection, air services, a joint investment fund, energy and mining cooperation, transport/logistics, agriculture and food security, plus tech, AI, health, and diplomatic/academic training. Shura Council Oversight: The Shura Council’s Economic and Financial Committee reviewed progress against Logistics Strategy 2040 targets, focusing on SOHAR Port and Freezone performance, resilience of the logistics ecosystem, and private-sector/SME roles. Strait of Hormuz Security: India condemned a projectile strike on the Panama-flagged MT On Peace off Oman, injuring 11 Indian crew members (12 injured total) and praising Omani help in evacuating and treating the injured in Khasab. Regional Economic Outlook: The World Bank cut its 2026 Middle East growth outlook, citing the Iran war’s impact and the Strait of Hormuz disruption. CBO Policy Research: Oman’s Central Bank launched its inaugural Research Symposium to strengthen policy foresight and economic resilience ahead of global financial shifts. IMEC Expansion Interest: France’s IMEC envoy said Oman is among countries interested in joining the India–Middle East–Europe Economic Corridor, with a ministerial meeting expected later this year.
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