AGP Executive Report
Last update: 8 hours agoMaritime Security: South Korea plans to seek parliamentary approval to extend its anti-piracy mission to waters south of Oman, adding patrol aircraft and mine-clearing teams as tensions disrupt Strait of Hormuz shipping. The move comes after attacks on vessels off Oman’s coast, including one that killed an Indian sailor; Oman’s navy rescued 25 crew from another stricken ship. Cricket: Oman secured a place in the 2027 men’s World Cup global qualifier despite losing to the UAE, advancing on net run rate. Investment: Energy Oman has opened institutional subscriptions for a five-year sukuk offering a 5% annual profit rate, with bids due by 12 November. Digital Infrastructure: Oman expects its submarine cable network to grow from 19 systems to 31 by 2030, with data-centre demand also rising. China Ties: During Sultan Haitham’s recent state visit, Oman and China signed a five-year currency-swap agreement worth about $4.5 billion and agreed to deepen digital-payment cooperation.
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