Browsing Tag

foreign

New fees announced for foreign land transport vehicles entering Oman

Ali Mohammed Jun 13, 2016 0

Foreign land transport vehicles, including heavy trucks and buses, will now have to pay a new fee to the Ministry of Transport and Communications, according to a decision announced by the Ministry of…
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Law

Simplify procedures for growth of private sector, boost investment in Oman

Ali Mohammed Feb 29, 2016 0

The task force has reviewed a number of challenges faced by the private sector, including complex and slow procedures in government organisations, Omanisation in the private sector, and procedures to…
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Oman

New Foreign Direct Investment (FDI) law to spur economic growth

Ali Mohammed Feb 7, 2016

The new Foreign Direct Investment (FDI) law, prepared in coordination with the World Bank, will offer more assurances and incentives to the investors. Speaking to the Observer, Redha Juma Mohammed Ali…
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Oman

100% ownership for foreign investors in Oman?

Ali Mohammed Jan 28, 2016

Expatriates will be allowed to start a business without an Omani partner and no minimum capital requirement will be necessary if a draft law prepared by the Ministry of Commerce and Industry (MoCI) is…
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