AGP Executive Report
Last update: 6 hours agoOman Energy & Power: Siemens Energy will supply gas-turbine and generator technology plus 20-year maintenance for Oman’s Misfah and Duqm 2.6 GW independent power projects, boosting capacity by nearly 20% and supporting electricity for over 2 million people. Green Industry in Duqm: Meranti Green Steel has appointed L&T for the FEED stage of a 2.5 Mtpa green iron DRI/HBI facility in Duqm’s SEZAD, with offtake volumes earmarked for Thyssenkrupp, INTERFER and Glencore, and support for ramping green HRC in Thailand. Renewables & Storage Deal: EDF Power Solutions and Oman signed renewable and energy-storage agreements in Paris, including a major 2,000 MW Jabal Abyad pumped-hydro project and a 500 MW Al Kamil solar PV IPP. Smart Meter Manufacturing: Oman’s Ectron (NEC) partnered with France’s Sagemcom to localise smart electricity and water meter production in Rusayl, aiming to cut imports and build domestic IoT capability. Water Services Contract: SUEZ and partners won a 15-year, €2bn (about RO 900m) performance-based water and wastewater O&M contract for Muscat and parts of North/South Sharqiyah, including water-loss reduction targets. Cybersecurity for Fintech: OMPAY achieved ISO/IEC 27001:2022 certification for its digital wallet and business payment services. Innovation Funding: Oman’s Research and Innovation Authority opened registration for the second Innovation Centres Support Programme (July 1 to Sept 1) to back university and college innovation centres. Autonomous Delivery Trial: Malaysia approved Neolix for public-road autonomous delivery sandbox testing in Cyberjaya, with trials expected soon. Telecom Expansion: Zain won a 25-year Syria telecom licence in a $747m bid, targeting commercial launch in Q1 2027. Regional Tech & Trade Context: US and Iran envoys are set to meet mediators in Doha amid ongoing Strait of Hormuz uncertainty, with Oman continuing to back de-escalation and safe passage arrangements.
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.