Countries The Sultanate of Oman

Countries

The Sultanate of Oman

09:20, June 12, 2019

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Oman, officially the Sultanate of Oman, is located in the south-eastern part of the Arabian Peninsula. During the hot season from May to October each year, the temperature can reach up to 40 degrees.

FACTS

Capital: Muscat

Population: 4.559 million

Land Area: 309,500 square kilometers

Official Language: Arabic

Currency: Omani rial

Oman’s economy mainly depends on its petroleum-gas industry. Revenue from the petroleum-gas industry accounts for 68 percent of the country’s fiscal revenue. Agriculture of the country is underdeveloped.

The main economic data are as follows: (2018)

GDP: 79.2 billion USD

GDP per capita: 15,000 USD

GDP growth rate: 2.4%

Top leader

Sultan and Prime Minister, Minister of Foreign Affairs, Defense and Finance: Qaboos Bin Said

China-Oman relations:

China and Oman maintained exchanges throughout the years. Sultan of Oman Qaboos Bin Said sent a congratulatory message to President Xi Jinping on his election in March 2013, and in April 2013, Sultan Qaboos sent a message of sympathy to President Xi in the wake of the earthquake in Lushan, Sichuan Province.

 In May 2018, President Xi and Sultan Qaboos exchanged congratulatory messages, announcing the establishment of the strategic partnership between the two countries and hailing the 40th anniversary of the establishment of their diplomatic relations.

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Business cooperation between China and Oman made steady progress. Under a deal signed in May 2016 between China and Oman, China-Oman (Duqm) Industrial Park, a project under the Belt and Road Initiative, has been playing "a critical role" in boosting Chinese-Omani cooperation. It is considered as the largest industrial park invested by a single country in Oman and the largest one invested by China in Arab countries to strengthen production capacity cooperation.

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