Welcome to IMG Oman... Oman, officially the Sultanate of Oman (Arabic: سلطنة عُمان, transliteration: Sultanate Oman), is a country in southwest Asia on the southeast coast of the Arabian Peninsula. It borders the United Arab Emirates on the northwest, Saudi Arabia on the west and Yemen on the southwest. The coast is formed by the Arabian Sea on the south and east and the Gulf of Oman on the northeast. The country also contains Madha, an exclave enclosed by the United Arab Emirates, and Musandam, an exclave also separated by Emirati territory. Omani citizens enjoy good living standards, but the future is uncertain with Oman's limited oil reserves. The other sources of income, agriculture and local industries, are small in comparison and count for less than 1% of the country's exports. Agriculture, often subsistence in its character, produces Dates, Limes, Grains and vegetables. Less than 1% of the country is under cultivation but, in general, food has to be imported. Industries contribute only with 4%, but there are governmental plans to increase this. Oil production is extracted and processed by Petroleum Development. Oil reserves are limited though and the proven reserves will run out in few years time.[citation needed] Oman has other mineral resources including Copper, Asbestos and Marble, but this is little exploited. |