AGP Executive Report
Last update: 8 hours agoASEAN Diplomacy & Trade: Oman is in Manila for the 59th ASEAN Foreign Ministers’ Meeting, aiming to deepen economic cooperation with logistics, maritime transport, energy/green hydrogen, food security, tourism, digital transformation, emerging tech and advanced manufacturing; Oman also cites growing trade with ASEAN (about $15bn by Oct 2024) and a surplus of roughly $3.4bn. Roads & Connectivity: Oman’s Ministry of Transport says it’s driving 61 road projects under the 11th Five-Year Plan, with 22 already above 70% completion by mid-2026, and more major openings expected in the second half. Global AI Governance: Oman has signed the agreement to establish the Global AI Cooperation Organisation, becoming a founding member (29 nations) headquartered in Shanghai. Energy/Water Security Shock: Iran-linked strikes have damaged a Kuwait power and desalination plant, renewing Gulf water-security worries; the region’s heavy reliance on desalination makes critical infrastructure a key tech-and-safety risk. Oman Finance: The Social Security Investment Fund reports assets rising to about JOD 19.7bn by end of June 2026, supported by record cash dividends.
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