Oman's Q2 revenues rise 13%

Oman experienced a 13% increase in its overall public revenues by the end of the second quarter of 2026, reaching approximately 6.6 billion rials. This growth was supported by a 10% rise in oil revenues, which amounted to 3.33 billion rials, with the oil price reaching $74 per barrel. Additionally, gas revenues increased by 32%, reaching 1.164 billion rials. Conversely, public spending grew by 9% to 6.6 billion rials, with an increase in both developmental and operational expenses. The public debt also rose slightly by 0.3% to reach 14.16 billion rials.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article