EENI Global Business School.

Doing Business in Oman

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Syllabus of the Subject: Foreign Trade and Business in Oman - Muscat.

  1. Introduction to the Sultanate of Oman (Middle East);
  2. Doing Business in Muscat;
  3. Economy of Oman;
  4. Omani International Trade;
  5. Cases of Omani Companies;
  6. Case Study: Mohammed Al-Barwani;
  7. Access to the Omani Market;
  8. Business Plan for Oman.

The objectives of the subject “International Trade and Business in the Sultanate of Oman” are the following:

  1. To analyze the Omani Economy and Foreign Trade;
  2. To know the business opportunities in the Sultanate of Oman;
  3. To explore the Omani trade relations with the country of the student;
  4. To know the Omani Trade Agreements;
  5. To examine the profile of Omani businesspeople and companies;
  6. To develop a business plan for the Omani market.

Global Trade and Business in Oman
Mohammed Al-Barwani Omani Businessman

Trade and Business in the Middle East. Online Education (Courses, Masters, Doctorate)

Online Arab Student, Master International Business

The Subject “Foreign Trade and Business in Oman” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate: Islamic Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Learning materials in Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study Master Doctorate in International Business in Spanish Omán Study, Course Master Doctorate in International Business in French Oman.

  1. Credits of the subject “Foreign Trade and Business in Oman”: 1 ECTS Credits;
  2. Duration: one week.

Oman, Masters, Doctorate, Courses, International Business, Foreign Trade Masters and Doctorate in International Business adapted to the Omani Students.

International Trade and Business in Oman

Global Transport and Logistics. Online Education (Course, Doctorate, Master)

Transport and Logistics in Oman
  1. Corridor of the Ashgabat Agreement;
  2. North-South Corridor (India-Russia);
  3. Access to the:
    1. China-Pakistan Economic Corridor;
    2. India-Chabahar (Iran)-Afghanistan Economic Corridor;
    3. Kyrgyzstan-Tajikistan-Afghanistan-Iran Transport Corridor (KTAI-ECO).

Market Access - Free Trade Agreements. Online Education (Courses, Masters, Doctorate)

Omani Preferential Access and Free Trade Agreements:

  1. Oman and the Arab Economic Area;
  2. Gulf Cooperation Council (GCC);
  3. Greater Arab Free-Trade Area (GAFTA);
  4. Indian-Ocean Rim Association (IORA);
  5. Islamic Trade Preferential System (TPS-OIC);
  6. BADEA;
  7. US-Oman Free Trade Agreement;
  8. Oman has Free Trade Agreements with India, China, South Korea, Singapore, Australia, the European Free Trade Association (EFTA), New Zealand, Thailand, the United States, the European Union and the MERCOSUR.

Greater Arab Free-Trade Area GAFTA: Bahrain, Egypt, Iraq, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, and the United Arab Emirates

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

  1. WTO
    1. Agreement on Trade in Services (GATS);
    2. Agreement on the Application of Sanitary Measures;
    3. Agreement on Technical Barriers to Trade;
    4. Agreement on Preshipment Inspection;
    5. Agreement on Safeguards;
    6. Trade Facilitation Agreement.
  2. WCO
    1. Revised Kyoto Convention.
  3. International Road Transport Union (IRU)
    1. TIR Convention;
    2. Guidelines on Safe Load Securing for Road Transport.
  4. International Bureau of Containers and Intermodal Transport (BIC);
  5. Chicago Convention (ICAO);
  6. International Maritime Organization (IMO)
    1. Istanbul Convention - not a member.
  7. Customs Convention on Containers (CCC, UN) - not a member.

Islamic Organizations. Arab League. Online Education (Courses, Masters, Doctorate)

Islamic Organizations:

  1. Arab League (LAS);
  2. Summit of South American-Arab Countries;
  3. Asia-Middle East Dialogue;
  4. Islamic Development Bank (IsDB);
  5. Economic and Social Commission for Western Asia (ESCWA);
  6. Organization of Islamic Cooperation (OIC)
    1. Committee for Economic Cooperation (OIC-COMCEC);
    2. Islamic Chamber of Commerce and Industry (ICCI);
    3. Islamic Centre for Development of Trade (ICDT);
    4. Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC).
  7. Arab Gulf Programme (AGFUND);
  8. Arab Trade Financing Programme (ATFP);
  9. Arab Development Funds;
  10. Afro-Arab Cooperation;
  11. Arab Bank for Economic Development in Africa (BADEA).

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

Global Organizations:

  1. Asia Cooperation Dialogue;
  2. UN
    1. UNCTAD;
    2. ITC;
    3. WIPO.
  3. WB;
  4. WTO;
  5. IMF.

European Union-Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, Emirates) Agreement

The Sultanate of Oman.

  1. The capital of the Sultanate of Oman is Muscat (1.2 million people);
  2. Oman is a Monarchy;
  3. Thanks to its strategic location at the Persian Gulf entrance, Oman is considered as a country of significant geostrategic value;
  4. Oman shares borders with Yemen, Saudi Arabia, and the United Arab Emirates;
  5. Abolition of Slavery in Oman: 1970;
  6. Official language of Oman: Arabic;
  7. Area of Oman: 309,500 square kilometers;
  8. Omani Population: 4.3 million people.

Religion in Oman.

  1. Islam Sunni is the main religion in Oman;
  2. Maliki is the main school of Islamic Jurisprudence.

Oman belongs to the Arab Economic Area (Islamic Civilization).

Islam and Global Business. Islamic Economic Areas. Online Education (Courses, Masters, Doctorate)

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

Economy of Oman

  1. The main natural resources of Oman are petroleum and natural gas;
  2. The proven petroleum reserve (4 billion barrels) are not crucial, so the Omani Government wants to make Oman one of the leading natural gas Exporter;
  3. The main products manufactured in Oman are textiles, cement, furniture, fertilizers, and fiberglass products;
  4. The main suppliers are the United Arab Emirates (UAE), Japan, and the United Kingdom;
  5. The main Omani export markets are China, Japan, and South Korea;
  6. The currency of Oman: Rial (OMR).

The largest Omani companies are located In Muscat:

  1. Suhail Bahwan, retail partner for firms such as Toshiba, Subaru, Seiko, Hewlett-Packard, General Motors, RAK Ceramics;
  2. Saud Bahwan Group: Toyota regional distributor, Daihatsu and Hertz Rent-a -Car;
  3. Zubair Automotive, Mitsubishi distributor, Chrysler, or Dodge.

The Mina Sultan Qaboos is the largest commercial port. The port is also a vital Foreign Trade centre between the Persian Gulf, Indian subcontinent, and Far East with an annual volume of 1.6 million tones.

The creation of the Jebel Ali Free Zone in Dubai - the United Arab Emirates, has made increasingly diminish its importance in the region.

Hasan Juma Backer Trading & Contracting has invested 700 million dollars in the dry port project of the Port of Abidjan.

Oman is a member of the United Nations (UN), International Monetary Fund (IMF), World Trade Organization (WTO), Group World Bank (WB), Gulf Cooperation Council (GCC), Greater Arab Free-Trade Area...

United States-Oman Free Trade Agreement (FTA):
United States-Oman Free Trade Agreement

European Free Trade Association (EFTA)-Gulf Cooperation Council Free Trade Agreement (FTA)

Transport and Transit Corridor, Ashgabat Agreement, India, Iran, Kazakhstan, Oman, Pakistan, Turkmenistan and Uzbekistan

Indian-Ocean Rim Association IORA, Comoros, Kenya, Madagascar, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania...

Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, Emirates)-Australia Free Trade Agreement

Trade Preferential System TPS Organization of Islamic Cooperation

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