Muscat:Several agreements were signed today during the 2026 Food Security Lab to enhance the agricultural sector and boost economic returns.

According to Oman News Agency, the Ministry of Agriculture, Fisheries and Water Resources inked an agreement to implement the "Enhancing Value Addition to Agricultural Products" project. This agreement was signed by Dr. Ahmed Nasser Al Bakri, Undersecretary of the Ministry for Agriculture, and Salim Abdullah Al Maamari, Executive Director of the Oman Food Investment Company. The initiative aims to develop local products and improve their market competitiveness.

Another agreement was signed by Dr. Al-Mu'tasim Mohammed Al-Bahlani of the Agricultural and Fisheries Development Fund and Eng. Majid Fayel Al Amri of Thawani Technologies to provide corporate card services. This is expected to streamline financial transactions and improve expenditure monitoring.

Additionally, the Ministry signed an agreement with Atyab Group to establish the "Food Security Observatory," part of the National Early Warning System for Food Security. This project will consolidate data on food security to preemptively address potential threats to food supplies. The agreement was signed by Dr. Ahmed Nasser Al Bakri and Haitham Mohammed Al-Fannah of Atyab Group.

The "Food Security Observatory" aims to unify data on local and imported food commodities, monitoring supply levels and prices to enable strategic planning and solutions for food security challenges in Oman.