The current population of Sultanate of Oman is 4.97 million and is characterized by its stable economic environment, strong infrastructure & balanced government development. The country maintains its competitiveness as a logistics hub and serves as a centre of communication between neighboring countries. Oman has long been considered an attractive investment for foreign investors for decades due to its stability & steady growth. Oman is basically an oil economy but however it takes several measure to diversify its economy into non oil sectors.
The government is undertaking many development projects to diversify it’s economy, improve the standard of living, and become a more active player in the global marketplace.