The Sultanate of Oman is located to the south of the Arabian Peninsula and is bordered by the United Arab Emirates to the north, Saudi Arabia to the west, Yemen to the southwest, the Arabian Sea to the southeast, and the Gulf of Oman to the northeast. It has a total area of 312 460 sqkm, a population of 4.4 million, for a GDP of US$63.2 billion (source: FMI, 2016).
Over 65% of Oman’s GDP comes from the oil sector. Tourism (in the region of Muscat and Salalah) and agriculture (around the city of Sohar, hometown of Sinbad the Sailor) complete the economic landscape of the Sultanate. The tourism sector is developing rapidly and takes the form of major infrastructure projects. As a result, the number of tourists is growing steadily year after year. Amenity and infrastructure projects are also developing in the field of transport and industry, with Oman paying particular attention to the diversification of its economy.
In order to meet the needs of its customers on the Omani market, Simon Associés has developed privileged relations with economic and legal partners locally.