AGP Executive Report
Last update: an hour agoStrait of Hormuz Policy: Oman’s Foreign Minister Sayyid Badr bin Hamad Al Busaidi said Muscat will not support mandatory transit fees for ships through the Strait of Hormuz, arguing such charges are barred under international law, while leaving the door open to voluntary fees for maritime, environmental and navigation services. Shipping Security: The dispute comes as Iran and the US trade strikes around the strait and delegations head to Qatar for talks, keeping pressure on global sea trade and marine safety. Renewables & Storage: Oman and EDF Power Solutions signed renewable and energy storage deals in Paris, including a 2,000MW Jabal Abyad pumped hydro project and a 500MW Al Kamil solar PV plan, aimed at boosting grid stability and clean power. Water Services: SUEZ won a RO 900 million, 15-year performance-based water and wastewater operations contract for Muscat and parts of South and North Sharqiyah, with a water loss reduction target. Smart Infrastructure: Oman’s Ectron (NEC) partnered with France’s Sagemcom to localise smart electricity and water meter production, while Karwa Motors and eMushrif signed an MoU for smart transport technologies. Environment Governance: Oman’s Environment Authority urged climate-licensed firms to register on the Manakh platform, and OQEP earned UK Gold CSR accreditation.
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