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The UAE & GCC Markets
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Oman

Petroleum accounts for 75% of export earnings and government revenues and for roughly 40% of GDP. Oman has proved oil reserves of 4 billion barrels. The government is encouraging private investment, both domestic and foreign, as a prime force for further economic development.

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Capital: Muscat

Natural Resources: Petroleum, Copper, Asbestos, Limestone, Chromium, Natural Gas

Languages: Arabic (official), English (commercial), Baluchi, Urdu, Indian dialects

Area: 212,460 sq km

Population: 2,446,645 (July 1999)

GDP: $18.6 billion (1998)

GDP Per Capita: $7,900 (1998)

Exports: $7.6 billion (fob, 1997)

Imports: $4 billion (fob, 1997)

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