EENI-Business School

Doing Business in Oman

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

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

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

  1. To analyse the Omani economy and foreign trade
  2. To evaluate the business opportunities in the Sultanate of Oman
  3. To explore Oman's trade relations with the country of the student
  4. To know Oman's Free Trade Agreements
  5. To examine the profile of the Omani business people and companies
  6. To develop a business plan for the Omani market
The Subject “Doing Business in Oman” is part of the following programs:
  1. Doctorate in Business in Islamic Countries
  2. Course: Middle East
  3. Masters (e-learning): International Business, Muslims Countries

Master in International Business for the Omani Students

Learning materials in English or Spanish Omán French Oman.

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

ماجستير في التجارة الخارجية و التسويق الدولي

Sample of the subject - Doing Business in Oman
Mohammed Al-Barwani Omani Businessman

Description of the Subject: International Trade and Doing Business in Oman

The Sultanate of Oman.

  1. The capital of the Sultanate of Oman: Muscat (1.2 millions of people)
  2. Oman is a Monarchy
  3. Thanks to its strategic location at the entrance of the Persian Gulf, 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 the Slavery in Oman: 1970
  6. Official language of Oman: Arabic
  7. Area: 309,500 square kilometres
  8. Omani Population: 4.3 million people

Religion in Oman.

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

Oman belongs to the Arab Economic Area of the Islamic Civilisation.

Economy of Oman

  1. 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 exporters of natural gas
  3. The main products manufactured in Oman are textiles, cement, furniture, fertilizers, and fibreglass products
  4. Main suppliers are the United Arab Emirates (UAE), Japan, and the United Kingdom
  5. Main destinations of the Omani exports are China, Japan, and South Korea
  6. The currency of Oman: Rial (OMR)

In Muscat are located the largest Omani companies:

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

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

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.

EFTA-Gulf Cooperation Council Free Trade Agreement (FTA)

Oman's Free Trade Agreements (FTA):

Oman has Free Trade Agreements (FTA) with China, Korea, Australia, the European Free Trade Association (EFTA), New Zealand, Thailand, and the MERCOSUR.

  1. Gulf Cooperation Council (GCC)
  2. Indian-Ocean Rim Association (IORA)
  3. United States-Oman FTA
  4. European Union-Oman (GCC)
  5. India-Oman FTA
  6. Australia-Gulf Cooperation Council FTA
  7. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)

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

Greater Arab Free-Trade Area GAFTA

Regional Economic Institutions (Oman).

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

  1. Arab League
  2. Organisation of Islamic Cooperation (OIC)
  3. Asia-Middle East Dialogue (AMED)
  4. Arab Gulf Programme for United Nations Development Organisations (AGFUND)
  5. Summit of South American-Arab Countries (ASPA)
  6. Afro-Arab Cooperation
  7. Arab Bank for Economic Development in Africa (BADEA)
  8. Islamic Development Bank
  9. Economic and Social Commission for Western Asia (ESCWA)
  10. Asia Cooperation Dialogue

Samples - Business in Oman

Indian-Ocean Rim Association IORA

European Union-Gulf Cooperation Council Agreement

Gulf Cooperation Council-Australia Free Trade Agreement (FTA)

Trade Preferential System TPS Organisation of Islamic Cooperation

(c) EENI- Business School