Oman Location : Middle East, bordering the Arabian Sea, Gulf of Oman, and Persian Gulf, between Yemen and UAE Capital City : Muscat Curreny : Omani rial (OMR) Languages Spoken : Arabic (official), English, Baluchi, Urdu, Indian dialects Climate : dry desert; hot, humid along coast; hot, dry interior; strong southwest summer monsoon (May to September) in far south National Holiday : Birthday of Sultan QABOOS, 18 November (1940) Background Information In 1970, QABOOS bin Said Al Said ousted his father and has ruled as sultan ever since. His extensive modernization program has opened the country to the outside world and has preserved a long-standing political and military relationship with the UK. Oman's moderate, independent foreign policy has sought to maintain good relations with all Middle Eastern countries. Geographical Note strategic location on Musandam Peninsula adjacent to Strait of Hormuz, a vital transit point for world crude oil Economy Oman's economic performance improved significantly in 2000 due largely to the upturn in oil prices. The government is moving ahead with privatization of its utilities, the development of a body of commercial law to facilitate foreign investment, and increased budgetary outlays. Oman continues to liberalize its markets and joined the World Trade Organization (WTrO) in November 2000. GDP growth improved in 2001 despite the global slowdown. Religions Ibadhi Muslim 75%, Sunni Muslim, Shi'a Muslim, Hindu Ports : Matrah, Mina' al Fahl, Mina' Raysut International Disputes - Risks to travellers : Oman signed a boundary treaty with the UAE in 1999, but the completed boundary is not expected until the end of 2002; undefined segments of the Oman-UAE boundary remain with Ra's al-Khaymah and Ash Shariqah (Sharjah) emirates, including the Musandam Peninsula, where an administrative boundary substitutes for an international boundary
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