Food items push Oman inflation up despite housing price fall
Oman experienced an increase in inflation rates due to rising prices of fruits, meats, and vegetables, despite a decline in housing prices. In July, billion-dollar purchase and investment deals were made in the oil and gas sector, which led the global investment map in this industry. Additionally, Gaza saw bombings by Israeli marches resulting in hundreds of martyrs and injured. Omani authorities raised alert levels to ensure safety, including conducting emergency drills at Muscat Airport.
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