Second quarter revenue up 13% to 6.6B riyals
The public revenues in the Sultanate of Oman increased by 13%, reaching 6.6 billion Omani rials by the end of the second quarter. Additionally, the gross domestic product grew by 2.6% to reach 9.69 billion rials during the first quarter. The financial market also experienced growth, with the money supply expanding by 12.7% to reach 28.6 billion rials by the end of May, alongside expansions in housing loans for expatriates by Bank Dhofar. On the crime front, Oman recorded approximately 21,000 cases in 2025, with a 10% increase in the number of offenders. The government has also shown greater interest in regulating the market for used car spare parts, emphasizing new controls for their trading. Furthermore, the sultanate was affected by cyclone-like weather and the potential for rainfall in some governorates, all amidst stable political and economic conditions that are encouraging investment.
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