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National Day in Oman is celebrated annually on November 18th to commemorate the country's independence and the birthday of the late Sultan Qaboos bin Said. It is a major public holiday where the Muscat Stock Exchange (MSX) and all financial institutions are closed. This period often sees a significant reduction in regional trading volumes as Oman is a key player in the GCC markets.
A fixed annual holiday on November 18th, though the actual days off for public and private sectors are confirmed by Royal Decree each year.
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