With a population of over 4.5 million, the Sultanate of Oman is characterised by its sustainable economic environment, excellent infrastructure and competent human resources. Although Oil & Gas represents one of the major sectors of the Omani economy, the Sultanate of Oman has a dynamic and diversified private sector that includes manufacturing, agriculture, mining, textiles, retail, tourism, transport and fisheries.
Oman’s strategic location and world-wide commercial linkages play a major role in opening up the horizons of investment and free trade opportunities. Oman has all the components that facilitate, encourage and attract local and foreign investments. Moreover, the Omani government undertakes constant efforts to improve the governance and legal framework with a view to support and encourage local and foreign investments. Oman has a Free Trade Agreement (FTA) with the USA and is also an active member of the Greater Arab Free Trade Agreement (GAFTA). As a member of the World Trade Organisation (WTO), Oman represents a dynamic investment destination that is well connected to the markets in the Gulf, the Middle East, Asia and Africa.
Under the wise leadership of late His Majesty Sultan Qaboos bin Said, Oman has been following a sustainable development approach across all sectors during the past five decades. Following the same principles, His Majesty Sultan Haitham bin Tarik now leads the Sultanate aiming at continued success and prosperity.