Aramco reports robust Q2 earnings
Oman experienced strong growth in the profits of listed companies on the Muscat Securities Market during the second quarter, reaching 866.9 million Omani riyals, with increases in the agriculture and fisheries sectors. Stock prices also saw a gradual rise as investors awaited U.S. economic data. Meanwhile, forecasts suggest chances of rain and hail in some areas due to the formation of rainy clouds over the Hajar Mountains and Musandam. The Sultanate continues its efforts in dealing with natural disasters, having announced the submission of its third national report under the United Nations Framework Convention on Climate Change.
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