Oman rated one of world's best business locations

Oman has been rated among the top 20 countries in the world to invest or do business in.

In the 2020 edition of an annual report by CEOWORLD magazine, Oman was ranked in 18th place.

The Sultanate was the second highest placed Arab state.

The report ranks and analyses 80 countries according to their business and investment environment.

The rankings were based on 11 different factors including corruption, freedom (personal, trade and monetary), workforce, investor protection, infrastructure, taxes, quality of life, red tape and technological readiness. Each category was equally weighted.