The Sultanate of Oman occupies a vitally important strategic location – a factor that has always been reflected in its foreign policy and trade relations. Outward looking and lying in south-East corner of the Arabian Peninsula between the latitudes 16ْ 40" and 26ْ 20" to the north and the longitudes 51ْ 50" and 59ْ 40" to the east, the coastlines extends from the Strait of Hormuz in the North to the border with the Republic of Yemen in the South. Oman overlooks three seas – the Arabian Gulf, the Sea of Oman and the Arabian Sea.
Oman, the third largest country in the Arabian Peninsula, has land borders with Yemen, Saudi Arabia and the United Arab Emirates. Oman lies on the Tropic of Cancer, and the total land area is approximately 309,500 sq.kms.
Oman and investment encouragement
Since the blessed renaissance and the rule incumbency taken over in the Sultanate by his Majesty the Venerable as-Sultan Qaboos Bin Saeed God may protect and guard him – the Sultanate marches forward in steady steps towards the development of the idea of modern state and the development of its institutions in different aspects.
Within the frame of the economic diversification strategy and investment encouragement, the Sultanate Government took a lot of procedures to improve the investment atmosphere in the country in order to attract local and foreign investments in the light of its important role in pushing economic development projects forward and bridging the gap in the resources and capabilities; seeking to get advanced technology through the participation in many of the economic diversification projects being currently carried out, exemplified by encouraging the investments in local and foreign private sector and developing sectors of tourism, fish, industry, encouraging exports, in addition to improving living standards of nationals, maintaining stability of prices which serve all parties and meet a lot of requirements, at the same time
More about Oman:
Oman Fact Sheet
Living in Oman