Oman 2 – full report

Oman. A breathtaking and captivating Sultanate in the heart of Arabia, and the oldest
independent state in the Arab world. Oman is one of the more traditional countries in the Gulf region and was, until recently, one of the least known.

Today’s Oman is experiencing a glorious renaissance. Led by a leader with a vision, and populated by a people striking a proper balance between the cherished values of Islam and an open, global lifestyle. Ahlan wa sahlan!

Occupying the southeast corner of the Arabian Peninsula, Oman is an active member of
the Gulf Cooperation Council, or GCC. The capital city is Muscat.

Oman’s road to prosperity and progress has been paved by one man: His Majesty Sultan Qaboos Bin Said. In 1970, Sultan Qaboos faced the formidable task of turning a impoverished country with little physical or administrative infrastructure into the modern state that it is today.

Like many other countries in the region, Oman’s economy is heavily reliant on oil
wealth. But unlike these countries, Oman is sparing no initiative in creating a self sustainable, diversified economy that is not dependent on hydrocarbons, this is the core of the Sultans vision 20 20 plan

The Omani government realizes that an empowered and competent local work force is the foundation of a strong nation. This long term commitment to domestic human capital, called Omanization, expects provisions for hundreds of thousands of jobs for Omanis in various fields.

In a region notorious for religious extremism and unrest, Oman stands out as an oasis of peace.

Oman’s relationship with the United States dates back over 200 years, even today, both nations are particularly supportive of each other’s foreign policies and economic platforms

The Zubair Corporation has been doing business with and representing American
companies since its inception. In the early seventies, just as the Omani economy was
opening up, Zubair Corporation started importing Chrysler vehicles into the country, the
first American automotive brand to be brought in. When the United States was hit by Hurricane Katrina in 2005, damaged oil rigs were shipped to Oman and repaired by Zubair joint venture company Larsen & Turbo

Oman is one of the few countries in the region with a Free Trade Agreement with the
United States. This FTA, which entered into force on January 2009, promotes economic
reform and openness and solidifies Oman’s trade and investment liberalization.

Up to one billion dollars has been committed by the Omani government to the development of Oman’s four ports, namely Sultan Qaboos Port in Muscat, Sohar, Salalah, and Duqm. The Port of Sohar in particular, is a marvel of industrial infrastructure located within the Sohar Freezone. ,and its strategic located before the Strait of Hormuz

One of the largest companies established here is also the nation’s prime example of industrial excellence to the world: Sohar Aluminum.

Oman has had a renowned seafaring tradition for centuries, with its inhabitants drawing livelihoods from the waters of the Arabian Sea. Oman is one of the region’s leading exporters of fish, giving the fisheries sector great potential for growth if its resources are properly exploited.

Oman’s banks are an important factor in maintaining financial equilibrium and
economic stability. Led by the Central Bank of Oman, the sector is highly regulated and stable.

The Omani government has recently allowed Islamic Banking into the country. Islamic
finance is a one trillion dollar industry, and what this landmark decision means is that
specialized Islamic and commercial banks in Oman could now offer Sharia-compliant
products. The ability to advance and develop is also a characteristic of the healthcare industry in Oman.

Muscat Pharmacy is a successful example of a strong government-private sector
partnership, While being the largest and one of the oldest pharmacies in the Sultanate, it is also committed to making healthcare accessible to the people of Oman.

Oman’s multi-faceted development has increased the demand for real estate and high
yields in residential and commercial properties. The government is also working with both local and international contractors to deliver various infrastructure and building projects.

While the rest of the Arabian Gulf is reveling in a nouveau architecture straight out of a
science fiction movie, Oman is quietly maintaining a subdued and balanced style with its
new buildings. The fact that Muscat does not have a single skyscraper is unique among GCC capitals.

Oman’s aviation landscape is currently undergoing a dramatic transformation. The
Omani government believes that building a robust air transport industry is critical to
underpinning the Sultanate’s long-term development goals.

Oman’s new airports, set for completion in 2014, are expected to be truly iconic facilities
that will be a big source of pride to the nation.

Together with the national carrier Oman Air, the government is confident that Oman
will become a leading air transport hub soon.

Once in a while, a country just captivates you. A destination where the dramatic
landscape is matched only by the smiles of its people. If you are looking for that old-world Arabian charm, look no further. Beauty has an address. And that is Oman.

Oman Air is the national airline of the Sultanate. In April 2011, it was upgraded to a
four star airline and is now the luxury airline of choice for many travelers in the region.
Oman Air is working closely with the Ministry of Tourism in bringing more tourists into
this marvelous destination.

Until recently, Oman was the best-kept secret in the Middle East. Oman can now
proudly be called a world class tourist destination. It will linger in your memory long
after you leave.

Renaissance is defined as a period of revival and renewal. Thanks to a leader with a
loving heart, and the positive changes that the Sultanate has undergone, Oman is a
model of progress to Arabia and the rest of the world.

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