Singapore President S R Nathan has begun a two—week state visit to Oman, Qatar and the United Arab Emirates (UAE). He last visited Kuwait in November 2008.
Oman is the second—largest country in the Arabian Peninsula and is one of six countries in the Gulf. Since 1985, Singapore and Oman have enjoyed a strong and positive friendship.
Ties between the two countries will be further strengthened through meetings with Sultan Qaboos bin Said and other top leaders.
In recent years, Singapore firms have also viewed the country as a new market for growth.
Oman’s wealth was closely tied to the sea in ancient times, but in more recent decades, it has made its fortune through oil.
Its oil reserves, however, are small, so Singapore’s success story — achieved despite the lack of natural resources — presents an interesting model of economic development for the Gulf country.
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