AGP Executive Report
Last update: 9 hours agoRenewables in Oman: Oman won the right to host the 23rd World Wind Energy Congress in 2027, with Nama Power and Water Procurement Company set to host under the Ministry of Energy and Minerals, spotlighting wind expansion and Oman Vision 2040. Oman’s credit outlook: S&P affirmed Oman’s BBB- investment-grade rating with a stable outlook, lifting its 2026 real GDP growth forecast to about 3.5% and projecting fiscal and current account surpluses. Oman’s tech push: Oman’s space sector is accelerating toward commercial growth, with the National Space Programme Achievements 2023-2025 report citing rising companies, workforce, and private investment, plus progress toward OmanSat-1. GCC science collaboration: GCC ministers agreed to set up a joint Gulf centre and fund for scientific research and innovation, aiming to strengthen research publishing and academic integration from 2027-2032. Regional tech & health: Kuwait expanded robotic and remote surgery capabilities across its health sector, while Oman’s transport ministry reported major development spending focused heavily on road projects. Energy geopolitics watch: The Strait of Hormuz remains in focus as Iran proposes a seven-day reopening deal tied to sanctions relief, while the US response stays uncertain.
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