AGP Executive Report
Last update: 9 hours agoOman Water Sector Upgrade: Nama Water Services (NWS) has awarded a major performance-based 15-year contract worth about RO 900 million with Suez and partners to run water and wastewater services for over 2.3 million people across Muscat and North/South Sharqiyah, including a programme to cut unaccounted-for water losses. Credit Milestone for OQEP: S&P Global Ratings assigned OQ Exploration & Production (OQEP) its inaugural global rating of ‘BBB-’ with a stable outlook, boosting investor confidence after the company’s Muscat listing. Oil Market Watch: OPEC+ has agreed to raise August output by 188,000 barrels per day, including Oman, as Gulf shipping through the Strait of Hormuz gradually recovers—though prices still react to ongoing uncertainty. Strait of Hormuz Tensions: Iran reiterated warnings against foreign military action in Hormuz and signalled it may charge “service fees,” while NATO allies are reportedly set to discuss security at an Ankara summit. Aviation & Connectivity: SalamAir reported 80.01% on-time performance in Q2 and added new airline partners via MOVE, including Oman Air, as regional travel networks keep expanding. Sports: Oman Cricket named Vinayak Shukla as captain, ahead of key ACC and ICC League 2 matches.
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.
Perspectify News
