In 1967, Oman started extracting oil and exporting it, that’s when Oman began to look to the future with optimism. In that same year, Mohammad Al Zubair decided to enter the business world, departing from his role at Petroleum Development Oman (PDO) and establishing Muscat Trading Company. After the late His Majesty Sultan Qaboos Bin Said, - may his soul rest in peace - , became the Sultan in 1970, he drove the development march across all economic and social aspects of the nation. At the time, the Omani private sector was engaged in simple trading of foodstuffs and textiles only. However, a few individuals had the foresight to begin building economic entities that would help grow the nation.
