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The Sultanate of Oman confirmed that there are no indicators of tropical activity in the Arabian Sea at the moment, despite the approaching hurricane season, which tends to be more active in May and June. Currently, two Omani states are recording some of the highest temperatures worldwide. Meanwhile, preparations are underway to offer 25% of Oimfco's shares through an initial public offering, with an expected profit distribution of 71.2 million riyals.
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