AGP Executive Report
Last update: 10 hours agoOman Tourism Investment: Oman’s Ministry of Heritage and Tourism has signed two usufruct deals worth over RO 12 million (about $31m) to build a 4-star resort in Al Hamra and a 5-star hotel in Mirbat—aimed at boosting hotel capacity, jobs, and tourism services. Local Development: Al Ashkharah waterfront in Jaalan Bani Bu Ali is now 55% complete, with a RO 5.8m plan including cycling and pedestrian tracks, green spaces, kids’ areas, and dining zones. Business Momentum: South Al Sharqiyah recorded 451 new commercial registrations in Q1 2026, bringing the cumulative total to 20,933, with construction leading activity. Duqm Talent Pipeline: SEZAD and Sultan Qaboos University will launch a two-week summer internship from 7 June for 18 students to work with companies in Duqm’s industrial and logistics hub. Regional Travel Watch: With Strait of Hormuz tensions ongoing, US forces say they’ve guided dozens of ships through the waterway, while Iran warns vessels to use designated routes—an uncertainty backdrop for travel and tourism planning. Trade That Could Boost Travel Links: India–Oman CEPA starts June 1, expanding duty-free access and services trade, with potential knock-on benefits for business travel and visitor flows.
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