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2026-08-19T06:33:00.000Z

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Suspension of Perfect Value Office

Suspension of Perfect Value Office

The Capital Market Authority of the Sultanate of Oman has suspended the Omaya office of United Projects for six months as part of regulatory measures. Meanwhile, Muscat Securities Exchange recorded an increase in market capitalization approaching 38 billion Omani rials, rising to approximately 37.64 billion rials. A decision has also been issued to suspend the Ideal Value Office for Auditing and Financial Consultations, and modern tracking devices have been installed on vessels of the artisanal fishing fleet. Additionally, the harvest of the Bote crop in Bahla continues for the third month. International flights through Omani airports declined by 9.9% by the end of July. Tomorrow, Marwan bin Turki will inaugurate the "International Congress on Corporate Responsibility" in Salalah. The price of Omani oil has exceeded $90 per barrel. Meteorological reports indicate the formation of Sahl clouds over the Hajar Mountains, with chances of thunderstorm rains in some areas. Sultan conducted discussions with Sheikh Mohammed bin Zayed about the historical relations between the Sultanate and the United Arab Emirates. The region experienced two significant events: the detection of two ballistic missiles launched from Iran towards the UAE, and an earthquake with a magnitude of 6.1 off the coast of Sumatra, Indonesia. Moreover, the UAE has decided to halt trade and financial exchanges with Iran. Finally, there was widespread mourning and significant public reaction in Oman following the death of poetess Aisha bint Hamid due to a traffic accident. The Ministry of Love and Samael Royal Police issued two important decisions. Additionally, the nation announced the passing of Omani heroine Nadira Al-Harthiya and announced that her body was recovered after a snow avalanche incident in Pakistan.

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