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FINANCIAL NEWS
Omani budget deficit surges to USD8.4b in Jan-Oct
25 Dec 2015
(MENAFN) Oman’s budget deficit soared to USD8.4 billion for the first ten months of this year, as oil income deteriorated by approximately 46 percent, based on the available data.
Additionally, reports showed that gross oil revenues declined to USD12.1 billion throughout January-October in the current year as opposed to USD22.3 billion throughout 2014.
The Sultanate’s total public expenditure fell by 4.4pct to USD25.2 billion in the mentioned period from USD26.4 billion last year, while investment expenditure jumped 2pct to USD6.4 billion.
Furthermore, the daily average oil production climbed roughly 3.2 percent over January”October timeframe to 977,000 barrels per day from 946,800 throughout the previous year.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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