UAE deploys $272mln fund to bolster critical industries Etihad Rail, AD Ports launch direct Fujairah-Abu Dhabi freight service Sharjah-Oman logistics corridor cargo value jumps 66% to $463mln Saudi Arabia seeks greater private-sector role in industrial growth Oman Islamic banking assets top over $24bln Salama, Ajman Bank establish strategic partnership CBUAE, Mastercard conclude programme to strengthen national capabilities in fraud risk management Qatar Chamber enhances trade relations with Malaysia's Malacca State Saudi business confidence climbs to 56.7 points on industry, services gains Qassim Cement to acquire 100% of A-Mix for $17.3mln Oman, US discuss financial crime cooperation Saudi's HADAF invests $522mln through 26 strategic partnerships to train, employ 16,000 citizens Qatar, North Macedonia sign agreement to strengthen cooperation in labour sector Sharjah draws investment projects worth $2.1bln in 2025 Saudi Arabia records $1.54bln in POS transactions in one week UAE non-oil growth hits fastest pace since December 2024, PMI shows Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah RAK Chamber explores trade, investment opportunities at UAE-Lebanon Business Forum Saudi Arabia agrees to raise Pakistani agricultural and food exports to $3bln UAE investment council launches data tools to boost overseas investment Oman's public revenue rises 13% to $17.2bln in first half of 2026 Saudi Arabia’s construction costs rise 2.3% in July 2026 ADIB provides $37mln Islamic financing for Glasgow logistics hub Oman’s tea and coffee imports hit record highs Total value of Bahraini exports hit $5.04bln Oman: ARA eyes Q3 2027 gas pipeline launch Oman: Sohar International establishes innovation hub at Terminal 11 to support fintech growth

Log in

عربي

Media Centre

Home » Media Centre

Oman's public revenue rises 13% to $17.2bln in first half of 2026

Oman's public revenue rises 13% to $17.2bln in first half of 2026

Oman's public revenue rises 13% to $17.2bln in first half of 2026

Aug 24, 2026

MUSCAT:- The Sultanate of Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion, compared to approximately OMR5.839 billion during the corresponding period of the previous year. This growth is primarily attributable to higher oil revenues.

According to the Fiscal Performance Bulletin issued by the Omani Ministry of Finance, total public expenditure stood at approximately OMR6.619 billion by the end of Q2 2026, marking an increase of OMR521 million, or 9 %, relative to the OMR6.098 billion recorded during the same period in 2025. This rise reflects higher development and current expenditures compared to the equivalent period last year.

The Bulletin further indicated that net oil revenues rose by 10 % by the end of Q2 2026, reaching approximately OMR3.332 billion, compared to OMR3.018 billion recorded during the same period in 2025.

Net gas revenues also increased by 32 % to OMR1.164 billion, up from OMR884 million in the corresponding period of 2025.

The Bulletin noted that total public debt amounted to OMR14.16 billion by the end of Q2 2026, relative to OMR14.12 billion recorded at the same period in 2025, representing a marginal increase of approximately 0.3 %.