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OMAN BUSINESS CULTURE

The pulse of the Sultanate

Wellbeing of the Omani people

Under the wise determination and leadership of His Majesty Sultan Haitham bin Tarik al Said, the Sultanate is focused on a primary goal: continuously increasing the well-being of the people of Oman.

The progress made in just over 50 years is truly admirable. Oman has achieved a monumental transition—evolving from a traditional society into a modern, influential global platform. Today, real efforts are delivering great results: infrastructures are being modernized, government services are becoming more efficient, and digital services are being introduced daily to make life easier and more connected.

His Majesty Sultan Haitham bin Tariq Al Said

His Majesty Sultan Haitham bin Tariq Al Said

Economic success, diversification, and Oman 2040

A central motivating factor for the Sultanate is becoming less dependent on oil and gas. This drive is fueling a massive diversification of the national economy. Under the Oman Vision 2040 plan—which is now in full execution—key sectors like Agriculture, Digital Technology, and Sustainable Tourism are taking center stage.

Oman has established itself as a premier hub for business and investment in the Middle East. At the same time, world-class Omani companies are successfully increasing their global reach, exporting quality products and seeking strategic international partnerships.

Team work in Business

Trust

Doing business in Oman depends entirely on Trust. For the Omani people, business is personal. While partners may seem reluctant or cautious in the early stages, this is simply a period of building a solid foundation. Once that trust is earned, Omani partners are incredibly supportive, assisting and often taking the lead to ensure mutual success.

In general, Omani professionals are eager to grow their businesses and create international relationships. If you offer your trust, the return will consistently exceed your expectations.

Foreign investments in oMan

Country Value (OMR) Value (USD) Share
United Kingdom 16.42 Billion $42.6 Billion 52.3%
United States 8.45 Billion $21.9 Billion 26.9%
Kuwait 1.36 Billion $3.5 Billion 4.3%
China 887.3 Million $2.3 Billion 2.8%
Qatar 763.0 Million $1.9 Billion 2.4%
UAE 626.2 Million $1.6 Billion 2.0%
Bahrain 528.5 Million $1.3 Billion 1.6%
Netherlands 525.1 Million $1.3 Billion 1.6%
Switzerland 329.7 Million $857 Million 1.0%
Other Countries 1.21 Billion $3.1 Billion 3.8%

Strategic Sector Analysis:

FDI Distribution

  • Oil and Gas Exploration - OMR 25.41 Billion (80.9%) - The anchor of the national economy.

  • Manufacturing - OMR 2.67 Billion (8.5%) - Driven by industrial growth in Duqm and Sohar.

  • Financial Intermediation - OMR 1.50 Billion (4.8%) - Signaling the maturity of the Omani banking sector.

  • Real Estate & Business Activities - OMR 584.3 Million (1.9%) - Infrastructure and luxury tourism development.

  • Transport & Logistics -OMR 312.5 Million (1.0%) - The maritime heartbeat of the Sultanate.

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Are you interested in doing business with Omani companies or exploring high-value investment opportunities in the Sultanate?

Combine business and relaxing holidays in Oman.