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The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order. HS codes can be determined by a variety of factors including a product's composition, its form and its function.
By regional standards, Oman has a relatively diversified economy, but remains dependent on oil exports. Tourism is the fastest-growing industry in Oman. Other sources of income, agriculture and industry, are small in comparison and account for less than 1% of the country's exports, but diversification is seen as a priority by the government.
Launched by the Dubai Mercantile Exchange (DME) on 1 June 2007, the DME Oman Crude Oil Futures Contract (OQD) is the Asian crude oil pricing benchmark. The contract is traded on the CME Group ’s electronic platform CME Globex, and cleared through CME Clearport.
The Minister, which includes: the Sultanate's commercial offices abroad, the office of the Sultanate of Oman; Dubai Commercial, Investment Services Center, General Directorate of Planning and Follow-up, Minister's Office, Consultants, Ministry Security Office, Legal Department, Internal Audit Department, Auditors Service Department, Documents Department, Electronic Information Security Section.
In 2009, Oman Oil Company Exploration & Production was founded. [4] In 2010, the Programme Apple was initiated which aimed to integrate Oman Refineries and Petrochemicals Company, Oman Polypropylene Co., and Aromatics Oman Ltd. [4] In the same year, Oman Oil Company signed a joint-venture with JBF Industries to erect a Terephthalic acid-PTA ...
It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic accounted ...
This comprehensive dataset encompasses exports and imports categorized by both country of origin and destination, with products detailed according to the Standard International Trade Classification at the four-digit level (SITC-4) and the Harmonized System at the four-digit level (HS-4). Spanning from 1962 to 2022, the OEC offers datasets ...
The Dubai Mercantile Exchange (DME) [1] is a commodity exchange based in Dubai currently listing its flagship futures contract, DME Oman Crude Oil Futures Contract (OQD). ). Launched in 2007, the DME aims to become the crude oil pricing benchmark for the Asian market with its Oman Crude Oil contract, like the Intercontinental Exchange’s (ICE) North Sea Brent is to Europe and the New York ...