Oman Permanent Virtual Exhibition and Business Directory

Oman is a modern state with almost 3 million inhabitants and a free trade agreement with the USA. The country maintains good relations with every other nation in the Middle East, thanks to its independent, moderate foreign policies.

The majority of Oman’s GDP is derived from oil production, but Oman is a small producer, especially when compared to neighbours such as Iran, Qatar, Saudi Arabia, and the UAE. Oman also depends on agriculture and fishing to drive GDP; Oman companies have also begun to build critical mass in industries such as cement, chemicals, construction, copper, crude oil production and refining, natural and liquefied natural gas (LNG) production, and optic fibber.

If you’re looking to invest in an Oman company, or you just want to stroll through one of the friendliest business environments on the Arabian Peninsula, you’re in the right spot, OmanExpoOnline.com, the largest Oman business directory on the Internet. A spot almost as strategically located as Oman itself.

Doing Business in Oman

Oil has been the driving force of the Omani economy since the country began commercial production in 1967. The oil industry supports the country’s high standard of living and is primarily responsible for its modern and expansive infrastructure, including electrical utilities, telephone services, roads, public education and medical services. In addition to extensive oil reserves, Oman also has substantial natural gas reserves, which are expected to play a leading role in the Omani economy in the twenty-first century.  Read Full Article

Inversting in Oman

The Omani economy continues to grow rapidly. The Eighth Five-Year Development Plan, (published in 2011) aims to attain average economic growth rates of not less than 3% (in fixed price terms) and to raise the investment to RO 30 billion, an increase of 113% over the previous plan period. Oil revenues in the 2011-2015 period are forecast to be approximately RO 25.5 billion (US $66.3 billion), which is a 100% increase over comparable revenues in the previous plan period (2006-2010).  Read Full Article