AGP Executive Report
Last update: 6 hours agoOman Water Sector Overhaul: Nama Water Services (NWS) has awarded a major 15-year performance-based contract worth about RO 900m with Suez and Oman partners to run water and wastewater services in Muscat and North/South Sharqiyah, covering 2.3m people and targeting reduced unaccounted-for water losses. Oman Credit & Energy Finance: S&P Global has assigned OQ Exploration & Production (OQEP) its inaugural global issuer rating of ‘BBB-’ (Stable), a milestone for the upstream arm of OQ ahead of investor and lender scrutiny. Tourism Push: Oman Travel Hub, launched by an Oman-based couple, is positioning itself as a digital showcase and itinerary-planning platform that links small and medium tourism operators with international travellers. Aviation & Connectivity: SalamAir reported 80.01% on-time performance in Q2 2026, while MOVE added Oman Air as a new airline partner to expand regional flight distribution. Regional Flashpoint—Hormuz: Iran and Oman-related discussions on possible Strait of Hormuz “service fees” and shipping arrangements continue to roil diplomacy, with NATO and European states weighing security roles as OPEC+ also raises August output by 188,000 bpd. Oman Sports Leadership: Oman Cricket named Vinayak Shukla as captain, replacing Jatinder Singh ahead of key ACC and World Cup League 2 fixtures.
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