AGP Executive Report
Last update: 9 hours agoOman Air Leadership: Nasser Al Sharji is appointed CEO of Oman Air effective 1 September 2026, as the carrier pushes a new transformation phase. AI for Business: Otech (Omantel) and Remedy will roll out an AI-powered corporate platform (“Rise Talent”) for strategic planning, talent management and performance. Water Tech + ESG: Nama Water Services is integrating ESG into operations through a 2027 roadmap and building a data-and-AI operational system, including plans for green/blue/social bonds. Power Projects: Doosan Enerbility secured a major contract for Oman’s 1,700MW Misfah CCGT power plant, targeting completion in April 2029. Markets Watch: Muscat Stock Exchange trading value rose to OMR252.1mn (+2.4%) with the main index closing at 7,522. Environment + Risk: Reports warn “going dark” by oil tankers to evade attacks is increasing oil spill risk in the Gulf. Regional Tech Angle: A Gulf-wide push for AI and data centres is colliding with water constraints, with cooling needs driving urgency. Culture + Science: Documentary “Land of Frankincense” spotlights Dhofar’s frankincense ecology and science ahead of its Dhofar premiere. Tax Update: Oman’s Personal Income Tax Law (effective 1 Jan 2028) sets a 5% rate and defines tax residency at 183+ days.
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