Preview

Doing business in Oman

Powerful Essays
Open Document
Open Document
5446 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Doing business in Oman
Doing business in OMAN

UK Trade & Investment Doing business in Oman

Are you a member of a UK company wishing to export overseas?
Interested in entering or expanding your activity in the Oman market? Then this guide is for you!
The main objective of this Doing Business Guide is to provide you with basic knowledge about Oman; an overview of its economy, business culture, potential opportunities and an introduction to other relevant issues. Novice exporters, in particular will find it a useful starting point.
Further assistance is available from the UKTI team in
Oman. Full contact details are available at the end of this guide.

Important Information Sanctions and Embargoes

Some countries maybe subject to export restrictions due to sanctions and embargoes placed on them by the UN or EU. Exporting companies are responsible for checking that their goods can be exported and that they are using the correct licences.
Further information is available on GOV.UK

The purpose of the Doing Business guides, prepared by UK Trade & Investment (UKTI) is to provide information to help recipients form their own judgments about making business decisions as to whether to invest or operate in a particular country. The Report’s contents were believed (at the time that the Report was prepared) to be reliable, but no representations or warranties, express or implied, are made or given by UKTI or its parent Departments (the Foreign and
Commonwealth Office (FCO) and the Department for Business, Innovation and Skills (BIS)) as to the accuracy of the
Report, its completeness or its suitability for any purpose. In particular, none of the Report’s contents should be construed as advice or solicitation to purchase or sell securities, commodities or any other form of financial instrument.
No liability is accepted by UKTI, the FCO or BIS for any loss or damage (whether consequential or otherwise) which may arise out of or in connection with the Report.

You May Also Find These Documents Helpful

  • Good Essays

    Report is written free of grammatical or mechanical errors as determined by the TA. (3 points)…

    • 1226 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Keep in mind that if your goal is just to inform your audience, you should not put your opinion on your report or add any compelling…

    • 131 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Bus 237

    • 1079 Words
    • 5 Pages

    A note about your report: You should dedicate no more than one page to summarize the article with the rest reserved…

    • 1079 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Coast 4 Life

    • 6905 Words
    • 28 Pages

    References: labels and audit trails are provided where appropriate (e.g. the report is easy to follow, provides direction to the reader). BE: Major problems such as ME: Some problems with distracting errors. Overall, the language use or content report is difficult to follow. expression, but they are not distracting; the report flows well and provides acceptable direction to the reader. Overall, the report is still easy to follow. ME+ ME ME6. c) The introduction, body and conclusion combined are no more than 750 words, and there are no more than five (5) pages of properly formatted appendices. Content that exceeds these length limits is not considered in the assessment of the response. The report is limited to one MS Word and one MS Excel file. AE: Few problems with language use or content expression; the report flows well and provides good direction to the reader. Overall, the report is easy to follow.…

    • 6905 Words
    • 28 Pages
    Powerful Essays
  • Satisfactory Essays

    Has been commissioned to complete a report based on findings which are in an uncategorised format…

    • 434 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Supply Chain Management

    • 324 Words
    • 2 Pages

    The only material you can refer to when writing this report is the assigned case reading supplemented…

    • 324 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Unit 33 P5

    • 1038 Words
    • 3 Pages

    Bibliography: BTEC Business Level 3 Book1 (Jon Bevan, Helen Coupland- Smith, Rob Dramsfield, John Gaymore and Catherine Richards.…

    • 1038 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This information pamphlet is for you to use as Reference Guide whilst you are working for us.…

    • 4613 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    The insurer will not be liable for damages if the insured is entitled to the industrial injury compensation act or the disability welfare…

    • 972 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The USA World Bank directors were very cautious with the new Reward Program and Brian had to make sure the data was thoroughly reviewed and asked Mary if the information was reliable and valid (Anonymous, 2008). This is because omission of significant procedural details makes it difficult to estimate the validity and reliability of the data and justifiably weakens the confidence of the reader in the research itself.…

    • 1090 Words
    • 5 Pages
    Better Essays
  • Better Essays

    ACAS, Get the right people for your business - available: http://m.acas.org.uk/index.aspx?articleid=3631 (Accessed: 11th November 2013)…

    • 1022 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Jd Sports and Oxfam Analysis

    • 3702 Words
    • 15 Pages

    Books: BTEC National Business Book 1 – Dooley David, Dransfield Rob, Phillip Guy and Catherine Richards – Page 17-28.…

    • 3702 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Economic Gcc Report

    • 909 Words
    • 4 Pages

    Lord Mayor’s visit to Oman: 12 – 14 January 2013 Here is a formal report of the visit by the Rt Hon The Lord Mayor of the City of London, Alderman Roger Gifford, to Oman.…

    • 909 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Banking In Oman: Bank Muskat

    • 3199 Words
    • 13 Pages

    The Omani banking sector mainly the product of a November 1974 banking rule set by the Central Bank of Oman (CBO) enforced by April 1974 .The law also helped the entry of foreign – owned banks and to allow growth in the number of local banks in the Sultanate . As of September 1992 there were twenty – one commercial banks in comparison with three registered banks in 1972. In addition there were three expert development banks: the Oman Development Bank (1977) the Oman Housing Bank (1977) and the Oman Bank for Agriculture and Fisheries (1981). However the Omani ba-nk market is the smallest in the GCC .Of the twenty –one commercial banks eleven are foreign owned and dealing mainly on financing trade. Ten are local banks working a very active market. Because of competition the government suggested to merges to strengthen them. The presumption is that five or six local banks will appear as the core with those facing financial problem controlling transaction or merging with more profitable institution. A similar method may apply to foreign banks of which only five or six would continue to perform important business.…

    • 3199 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Oman, officially called the Sultanate of Oman is an Arab state in southwest Asia on the southeast coast of the Arabian Peninsula. It is bordered by the United Arab Emirates (UAE) to the northwest, Saudi Arabia to the west and Yemen to the southwest. The coast is formed by the Arabian Sea on the southeast and the Gulf of Oman on the northeast. Oman is an absolute monarchy in which the Sultan of Oman, named Sultan Saeed bin Qaboos, exercises ultimate authority but its parliament has some legislative and oversight powers. In November 2010, the United Nations Development Programme (UNDP) listed Oman, from among 135 countries worldwide, as the nation most-improved during the preceding 40 years. According to international indices, it is one of the most developed and stable countries in the Arab. Oman is a middle-income economy that is heavily dependent on dwindling oil resources. Because of declining reserves and a rapidly growing labor force, Muscat, the capital of Oman has actively pursued a development plan that focuses on diversification, industrialization, and privatization, with the objective of reducing the oil sector's contribution to GDP to 9% by 2020 and creating more jobs to employ the rising numbers of Omanis entering the workforce. Tourism and gas-based industries are key components of the government's diversification strategy. By using enhanced oil recovery techniques, Oman succeeded in increasing oil production, giving the country more time to diversify, and the increase in global oil prices through 2011 provided the government greater financial resources to invest in non-oil sectors.…

    • 1876 Words
    • 8 Pages
    Powerful Essays

Related Topics