Presented To: MRS.

BHAVIKA BATRA Presented By: KAVAN BHATT KEYUR PATEL DARSHAN PANDYA RUPAK PANCHAL JITESH VACHETA RIDHI DARJI

Global Institute of Management-technical Campus Uvarsad Road, Moti Adaraj, Gandhinagar.

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 Agriculture

and Fishing Bank and Finance Financial Services IT and Telecommunication Natural Gas and LNG Oil Sector Tourisms
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Meaning:
An activity which is related to government policy and its administrative practices that can have affected on somewhat, most of business operators will keep watchful eye on a political factor such as new legislation or regulatory shifts which could have considerable impact on how their company or industry will work through top to bottom line. The country Oman has no democracy all powers are in hands of SULTAN Qaboos ibn said. The country has limited freedom to speech whatever thing.

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Oman has no constitution, yet the sultan rules and regulation based on the advice from called cabinet, and a council made up of 59 representatives members from same regions of Oman. Politics of Oman situated in a structure of an absolute monarchy whereby the Sultan of Oman is only head of state and government. THE COUNCIL OF OMAN (MAJLIS OMAN) THE STATE COUNCIL (MAJLIS A DAWALA)

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Basic View:- The Industrial sector is cornerstone of the Sultanate of Omani long term development plan. Industry is not only one of the main sectors of diversifying the source of national income. It also helps to meet the Oman social development needs and generates the greater value of source and income point of Oman. Under its policy government also aims to develop the Information and Technology and also telecommunication Industries. The IT infrastructure is already in place.

Knowledge Oasis of Muscat:- It is the special economic zone of Oman where the most of it and telecommunication company established there and set up their business. It is 20,000 square meter yard technology park at the Muscat international airport.

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Omantel:- very first and only the company who provide telecom service in Oman with land line service. Established in 1980.

Omantel concentrate 30% shares and listed on the Muscat Securities Market .
As the major shareholder, the government of Oman holds a 70% part in Omantel. In 2004, the company established a sub part company called Oman Mobile

Telecommunications Co. to carry out its mobile telecom services.

As a result of liberalization from the region, the MENA telecom sector witnessed continually growth in the number of service providers, specifically

in the mobile sector, which increased to 44% in 2008 to 65% in 2011.

Council of Oman And Sultan foreign relation will more affect because country has strong relation with America, Brittan and France. So Oman invite the

foreign company of telecom to established there business here.

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the countrys total mobile users reached 3.31 million by February-2009, an increase of 3.0% from December 2008. Post-paid and pre-paid subscribers stood at 330,552 and 2,984,298, in that order. The number of Internet users increased to 91,201, while land line telephone subscribers stood at 274,303. Meanwhile, given the moderately low internet usage across the MENA region with an internet saturation of 12.16%, internet via mobile would be an more and more lucrative section offering enormous growth probable for the regional telecoms.

Recent Development:-In a bid to give new data services and technologies, the company given away plans to invest more in advanced technologies by expanding its 2G and 3.5G network coverage. In the first week of April, Oman Mobile ventured with BellTel to offer a various of compatible 3G handsets. On February 19, 2010-11, Omantel appointed a MoU with Muscat Golf Project to provide telecom infrastructure services and mixing technology networks. This service consists of the three performing operating services it

will consist of broadband Internet, fixed voice and IPTV services.

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Information Technology Authority(ITA):- Established by Royal Decree in 31st may

2006. it will implementing and examine all national IT projects and support the IT
firms to established their business in Oman. Its all project will be based on eGovernance and Oman digital policy. It can also polishing ICT(Information and

Communication Technology).

The Sultanate has launched a number of projects and initiatives in its intensive drive to create a Knowledge Society through the Digital Oman and E-government

strategy which the Information Technology Authority (ITA) is striving to

establish. This strategy has given birth to the Digital Oman initiative, which aims to enlist information technology (IT) and telecommunications in support of government services, bolster the business sector and enable members of the community to operate within a digital context.
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The Sultanate has won international recognition

for its efforts in the IT field. Readiness

Oman was ranked thirteenth internationally on the Net- worked Index (NRI) sector

in the 2010-2011 annual report on competitiveness in the IT

issued by the World Economic Forum in conjunction with various

institutes of economics and business around the world.

the Sultanate came eighteenth internationally in the category of government competence in the use of IT and telecommunications. The Sultanate also rise47 points on the Individual Readiness Index, jumping from 87th internationally in the

2009-2010

report

to 40th in

the

2010-2011

report,

reflecting the

transformation Omani society is undergoing with respect to computer and internet use and other modern technology
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The Pan Arab Web Award Academy named Dr. Salim bin Sultan al Ruzaiqi,

Executive President of the Information Technology Authority (ITA), IT Man of

the Year at a ceremony held in the Lebanese capital Beirut. Dr. al Ruzaiqi was .singularly selected for his outstanding achievements promoting the Arab digital world and for his unwavering commitment to the e-Oman strategy and developing the IT industry in Oman.

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Meaning:- Financial service are the economic service provided by the finance industry, which encompasses the broad range of the organizations that manage

money, including credit unions, bank, insurance company, banking finance,

stock market, government sponsored enterprise.

Banking Service:- keep money safe, providing loans, issuing the government bond, providing capital fund for business, credit card and debit card facility. Allowing internet banking and financial transaction on internet.

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OMAN capital market set up under the rules and regulation of the royal decree as the given name The Capital Market Authority. Which is the government authority and responsible for the organizing and overseas issues and trading of securities in the Sultanate Oman. And the stock Exchange named is Muscat Securities Market. Due to oil price and large liquid availability in Oman will attract foreign industry to invest and trading in domestic market with the help from legislation of the Oman
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MUSCAT CLEARING & DEPOSITORY CO:- It was established by Royal Decree of Oman. The organization of a closed joint stock company as the only provider, in the Sultanate

Oman of the facility of registration and transfer of ownership of securities and safe keeping of
ownership document. This company is related in the course of an electronic system to the MSM for easy data transfer.

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FOREGIN EXCHANGE SERVICE INSURANCE SERVICES TRADE SPONCERED ENTERPRISE

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OMAN has Tourist Places which are as under. 1. Muscat : 2. Nisswa : 3. Shalala : 4. Kasha As we can see the tourist places mentioned above have their own unique thing in its self.

Tax policy :--Tax policy : (Direct Taxes & Indirect Tax, Sources of Tax Law, Tax Administration) Labor law:---Payroll tax and employee benefits(Availability of skilled workers, Required levels of Omani employment)

Some of the Aggressive advertising campaigns The sultanate of Oman has achieved these following orders of knighthood. The order of al-said in1913. The order of Oman, civil and military1970. The order of the renaissance of Oman in1972. The order of merit of sultan qaboos sahab in 1977.

1. 2. 3. 4. 5.

Development of the Tourism Industry Omans Chief Sites Oman is efficiently prepared for Tourism expansion Omans Political steadiness Makes Tourism potential Oman Maintains worldwide relations

1.

Central Bank of Oman The depository agency for the Government of the Sultanate of Oman. The bank administers loans on account of the Government. It approaches credit to local banks and appoints in investment activities through the purchase and sale of financial instruments. It actuates discount rates and rediscount rates.

2. National Bank of Oman (NBO)

National Bank of Oman is the first local bank which was founded
in 1973. Attached to accomplish the financial wants of its customers. It provides term loans, working capital facilities, import and export financing, asset and project financing plus comprehensive cash

management services.
Cutting-edge financial clarifications, created to keep clip with businesses as well as tailor-made to meet personal needs.

3. Oman Arab Bank Oman Arab Bank acquired the branches of Arab Bank on 1st October 1984 in the Sultanate of Oman. Retail Banking Loans, Current account, Fixed deposit, Growth account, E-Banking, Credit card, Smart card, Visa card. Corporate Banking Trade finance, Project finance, SME Business banking.

4. Arab Bank of Oman With Headquarters in Amman, Jordan, the Arab Bank comprises the first private sector financial institution in the Arab. Arab Bank has a unique Global Arab branch arrangement with 600 branches connecting 30 countries in 5 continents. Consumer Banking, Corporate and Institutional Banking (CIB), and Treasury. These are created to provide the necessity of individuals, corporations, government agencies and other international financial institutions.

5. Bank Muskat Our Quality Policy is to achieve and sustain a reputation for quality in the national and international markets by offering products and services that exceed the requirements of our customers. Quality management system in the Bank Reviewing our products and services, feedback from employees (internal customers) and our customers. Excellent service, innovative products and value-added banking Disciplined growth and reasonable profitability.

6. Bank Dhofar The bank started as Bank Dhofar al Omani al Fransi in January 1990, with a paid up capital of 5 million Omani Rials. Personal Banking Saving Accounts, Current Accounts, Term Deposits, Loans, Cards. Priority Banking Special Investment & Advisory Services, Exclusive Benefits, Banking Services, Cards. Wholesale Banking Government Relations, Corporate Banking, Project Finance & Syndication.

HISTORY

IN 1937 Sultan granted a 75 years acknowledgement to the Iraq underway in Oman.

Petroleum Company. The investigation for oil was

On 27 July 1967, the first exporting of Omani oil came to a destination.

At

present Oman has reserved 5.5 billion barrels oil.

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Duties and Responsibilities of the Ministry of Oil & Gas of Oman

Continuous development and of plans, policies and studies. Making proposals of legislation, laws and regulations. Keeping eyes on all oil and gas Exploration and Production

activities in Oman.

Setting up Petroleum Agreements with the Oil and Gas

companies.

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Petroleum Development Oman (PDO) has more than 90 percent of

Oman's oil inventory and is liable for 85 percent of its total production.
All

final decisions on policies and investment is controlled by Sultan of

Oman.
In

2011, Oman consumed approximately 98,000bbl/d of petroleum

products.

Study the oil and gas trend in world market situation for the purpose of

using it in preparing policies of marketing the Sultanates crude oil and natural gas.

Studying the present available sources of petroleum in the Sultanate

and accomplish the necessary economic studies for optimal utilization.

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The tax rate for tax payers appointed in petroleum exploration

shall be 55% of the taxable income in relation of any gain earned from the sale of petroleum.

There are 52 articles formed with the rules regulations and

laws related to Oil sector in Oman, which must be followed by all Oil companies in Oman.

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In 1990,More than one-half land of the country are educate land

for farming.

They mostly use the FALAJ system for obtained the water for farming.

Due to good climate for farming, country mostly grow apricots,

grapes, peaches, and walnuts.

In now some problem of water for farming, labor force of oman is doing rural-urban migration, for grab high wages in industry and also perform work in the government sector.

Fisheries industry endow with good employment and

good food for the omani citizens.

The total value of fish landings in 2010 is estimated at US $ 210 million, equivalent to 0.9 percent of GDP. 2.4% state labor-force depended on the fisheries industry in oman.

Tuna, kingfish, large jacks, sardine, Indian mackerel,

emperors, sea breams, groupers these are different type of fishes which are catch by this industry.

Government make the strategy for fisheries industry like, it

will contribute 2% in GDP growth in the year 2020.

Government make Exclusive Economic Zone (EEZ) for providing great benefit to the country and future generations.

Government also merge traditional experiences and selfinterested fishermen, for developing fisheries sectors.

Government promote scientific fisheries research too.

The Gulf Cooperation Council, other Arabian countries,

European countries and east Asian countries are the most

valuable trade partners for Omani fish.

Omani fish provide at least 60 percent of the supply to the central Dubai market, implying that this market depends on Omani fish to meet demand in Dubai.

The Saudi Arabian and Qatar markets are also considered to

be important markets for Omani fish.

Fisheries industry provide local employment opportunities,

rural stability especially in the coastal area.

The number of fishermen increased in the last five years, from 28,576 to 35,543.

The importance of fisheries includes job creation in the secondary sector, estimated at about 3,250 jobs in fish transportation and some 1,300 in fish retailing businesses.

Liquefied Natural Gas (LNG) is the by-product natural gas

liquids.

Oman Liquefied Natural Gas (LNG) was establishing in 1994 and in Oman.

Oman LNG Plant spread around 360 kilometers.

Oman develops into a component of the World Trade Organization (WTO) in October 2000.

In current, On 15 November 2012 Oman Liquefied Natural Gas was

presents 8th Asia Gas Congress in Japan 2012.

Oman has signed a mutual trade project agreements to

extract study and upgrading behavior.

Oman Government covered 51% share of Oman Liquefied Natural Gas Company.(OLNGC)

Oman Government takes 6.6-million ton gas for each year of liquefaction deposit it is located at Qalhat.

Japan and Korea are big customers of OMAN LNG and

government make exceptional policy for these two country.

Japan and Korea these are 2 large countries for LNG export by Oman.

India also do superior import as compare to Japan and Korea for LNG.

Japan's Osaka Gas Company is one more consumer, and collects 700,000 tons per year since last 25 years.

Others such as France, Turkey and Italy, enclose use equally

pipeline import as well as LNG for their market and will likely
continue to make use of both option.

In the year 2011, the revenues jumped 26.5%. It was $ 3.963

billion as of $ 3.131billion a year earlier 2010.

Government express in report that international energy prices averaging $101.68* in 2011 against $77.42* during 2010, it would

noticeable improvement toward profit for LNG sector

Government also predicate that In the current scenario the population of middle east is swiftly growing up, for fulfill their

requirement Oman need more production in LNG sector.

* Price Per Barrel

Transportation vehicle purchase and hiring. Manpower supply. Information and Technology tools and linked services.

Training and Human resource enlargement.

Basic Amenities (Building, Transportation).

All-purpose business safeguarding.

THANK YOU

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