SME Support in Muscat: National Bank of Oman (NBO) and Sharakah wrapped up the first workshop of NBO’s SME Growth Program, training entrepreneurs on financial and strategic planning, business management, and sustainable expansion. Gulf Water Security: GCCIA held a workshop on the feasibility of GCC water interconnection, calling it urgent as the region looks to diversify sources beyond the Arabian Gulf, including Red Sea and Arabian Sea options. Hormuz Diplomacy & Navigation: Egypt’s foreign minister urged de-escalation with Iran, stressing freedom and safety of navigation, while Egypt and Iran also discussed Oman-linked talks and the US-Iran MoU. Oman-Iran Talks Continue: Iran and Oman reportedly agreed on a navigation map, with Iran insisting any reopening of normal shipping depends on US commitments and removal of threats. Oil Spill Risk in the Gulf: Reports warn that “going dark” by tankers and reduced tracking raise spill and collision risks, as multiple incidents and leaks are already spreading environmental harm across the Persian Gulf and Gulf of Oman. Climate Pressure on Shipping: Germany’s Rhine hit record-low levels, disrupting inland freight and adding strain to industrial supply chains. Dhofar Nature & Heritage: A Dhofar documentary, “Land of Frankincense,” highlights frankincense landscapes and biodiversity, including nature reserves tied to the region’s ecology. Water & ESG in Oman: Nama Water Services advanced ESG and sustainability governance, aligning with GRI standards and building a roadmap to 2027.