Insurance profits in Oman surpass 20 million Riyals
The profits of listed financing companies on Muscat Securities Market increased by 37.2% in the first half of the year, reaching 13.3 million Omani riyals. Industrial companies recorded profits amounting to 175.3 million riyals, while "Al-Watania for Finance" achieved a profit of 15 million riyals during the same period. The Muscat Stock Exchange continued its upward trend, with total trading values reaching 50.7 million riyals. The trade surplus grew to 3.4 billion Omani riyals, with the tourism sector making a significant contribution to the gross domestic product. News also focused on the targeting of two Emirati ships in the Strait of Hormuz and attacks on cargo ships, as well as American warnings and Omani efforts to combat oil pollution. Additionally, government statements and actions were reported in the tax and environmental sectors.
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