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Background The inhabitants of the area of Oman have long prospered on Indian Ocean trade. In the late 18th century, a newly established sultanate in Muscat signed the first in a series of friendship treaties with Britain. Over time, Oman's dependence on British political and military advisors increased, but it never became a British colony. In 1970, QABOOS bin Said Al-Said overthrew the restrictive rule of his father; he has ruled as sultan ever since. His extensive modernization program has opened the country to the outside world while preserving the longstanding close ties with the UK. Oman's moderate, independent foreign policy has sought to maintain good relations with all Middle Eastern countries. Population 2,967,717 Government type 5 regions (manatiq, singular - mintaqat) and 4 governorates* (muhafazat, singular - muhafazat) Ad Dakhiliyah, Al Batinah, Al Buraymi*, Al Wusta, Ash Sharqiyah, Az Zahirah, Masqat (Muscat)*, Musandam*, Zufar (Dhofar)* Administrative divisions monarchy Independence Birthday of Sultan QABOOS, 18 November (1940) International organization participation three horizontal bands of white, red, and green of equal width with a broad, vertical, red band on the hoist side; the national emblem (a khanjar dagger in its sheath superimposed on two crossed swords in scabbards) in white is centered near the top of the vertical band Economy - overview 2.7% (2009 est.) Market value of publicly traded shares 13.58 billion kWh (2007 est.) Agriculture - products 11.36 billion kWh (2007 est.) Industries 0 kWh (2008 est.) Industrial production growth rate 0 kWh (2008 est.) Electricity - production 813,000 bbl/day (2009 est.) Oil - production 4.978 billion bbl (1 January 2009 est.) Internet country code 3 (2009)