AGP Executive Report
Last update: 10 hours agoE-Invoicing Push: Oman’s Tax Authority issued Decision No. 189/2026 to move tax invoices into an approved, secure electronic format, aiming to boost compliance, transparency, and efficiency for businesses. Food Tech Pilots: Oman Food Capital subsidiaries are running pilots to diversify the food economy, including offshore oyster farming near Masirah, greenhouse-assisted aquaculture, farm automation, and new dairy products. Research Skills Boost: The Research and Innovation Authority (RIA) launched its 5th Research Skills Forum with 100 postgraduate researchers, focusing on stronger statistical analysis skills for higher-quality, publishable work. Hormuz Tech & Trade Risk: The Strait of Hormuz remains effectively closed to commercial shipping, while Iran and Oman near an agreement on managing transit—yet Iran says reopening depends on broader US actions and compensation demands. Maritime Safety & Environment: A major oil spill off Oman is worsening, with satellite reports showing the sheen spreading near a protected nature reserve, raising fresh concerns for marine life and tourism. Housing Finance: Oman Housing Bank reported over OMR364.4m in housing loans in South Al Batinah and OMR106.9m in Al Buraimi, supporting thousands of families and construction activity.
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