AGP Executive Report
Last update: 2 hours agoOman’s Green Mobility Push: Hyundai Motor Group signed new cooperation deals with Oman’s Ministry of Transport, Communications and Information Technology at the Gulf Green Mobility Forum, including a pilot hydrogen-powered city bus for Muscat via Mwasalat and plans for ultra-fast EV charging near the capital. Regional Weather Watch: Oman saw heavy rain and strong winds in Al Dhahirah, Al Sharqiyah North and Al Dakhiliyah, with thunderstorms over parts of the Hajar Mountains; more unsettled conditions are expected. Strait of Hormuz Tensions: Oman is again in the spotlight as Iran’s proposed ship-fee plan is reported to have been rejected by Muscat, amid wider US-Iran escalation that’s also keeping oil prices supported. Transport Deal Update: His Majesty Sultan Haitham ratified the $2.5bn Hafeet Rail agreement linking Sohar to the UAE rail network, aimed at faster passenger and freight movement. Sports—Oman in the Mix: Oman is set to face Bahrain in the AVC Volleyball Men’s Continental Championship, with the tournament also featuring Oman in the same pool. Business & Tech: Oman’s Phaze Ventures continues to expand its AI investment footprint, with portfolio companies drawing new funding and partnerships.
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