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News & Press: IOE&IT News

Considering exporting to Oman? Read our new doing business guide

09 January 2020  
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Oman

As part of our continuous research & development in the exporting industry, we have released another Doing Business Guide. This one focuses on Oman.

The Sultanate of Oman is the third-largest state in the Arabian Peninsula, and is a founding member of the Gulf Cooperation Council (GCC). It is a stable, and relatively prosperous, business-friendly country in what is sometimes a difficult, but strategically important, region.

It is roughly the size of the British Isles, with a population of over 6 million people, of which 44% are expatriates – 7,000 of whom are British nationals, the largest Western expatriate group. It is an Arab nation and its official religion is Islam. Although Arabic is the official language, English is widely spoken too.

The bilateral relationship between Oman and the UK is particularly close, with a long history. Many senior Omani business and political leaders were educated in the UK and consider the UK their second home, and business ties between the two countries are strong.

The largest source of foreign direct investment (FDI) in Oman by far is from the UK, which (according to Omani statistics) accounts for over 45% of total FDI, and there is a strong appetite in Oman to see more trade with the UK. 

Please download our ‘Doing Business in Oman’ guide below for more information, and we hope you find it helpful. If you have any questions, please feel free to contact us on info@ima.uk.com

View the new Doing Business in Oman Guide here