Oman

Abstract

The ancestors of present day Oman are believed to have arrived in two waves of migration, the first from Yemen and the second from northern Arabia. In the 9th century maritime trade flourished and Sohar became the greatest sea port in the Islamic world. In the early 16th century the Portuguese occupied Muscat. The Ya’aruba dynasty introduced a period of renaissance in Omani fortunes both at home and abroad, uniting the country and bringing prosperity; but, on the death in 1718 of Sultan bin Saif II, civil war broke out over the election of his successor. Persian troops occupied Muttrah and Muscat but failed to take Sohar which was defended by Ahmad bin Said, who expelled the Persians from Oman after the civil war had ended. In 1744 the Al bu Said family assumed power and has ruled to the present day. Oman remained largely isolated from the rest of the world until 1970 when Said bin Taimur was deposed by his son Qaboos in a bloodless coup.KeywordsSaudi ArabiaCapital Adequacy RatioPrivate Sector CreditArabian OryxAverage Annual Population GrowthThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.