Oman
March 29, 2000
More than 10,000 people are expected to visit the first Arab Jewelry & Watch Exhibition scheduled for April 17-21 in Muscat. The event is organized by the Emirates exhibition services company and
March 28, 2000
Saudi and UAE airlines flew 450 flights last week to return roughly 35,000 pilgrims to their homes after participating in the Hajj. Yesterday, Emira
March 26, 2000
The Brazilian 1970 captain who led his team to glory is hoping to turn around one of the weakest Arab Gulf teams: Oman Carlos Alberto Torres, who won
March 5, 2000
Population:2.4 million (1999), including approx. 600,000 expatriatesAnnual Population Growth Rate (estimate):4.9 percentReligions:IslamGovernment:Constitutional MonarchyLanguages:Arabic (English is w
Population29.1 million (1999 estimate)Religions99% Islam; less than 1% JewishGovernmentConstitutional MonarchyLanguagesArabic (official), French (business), Berber dialects, Spanish (in North)Work Wee
March 1, 2000
Oman has a developed body of law governing environmental matters. Efforts to consolidate the laws recently have been undertaken. Of primary importance is the Law on the Protection of the Environment
The Labor Law of 1973 governs the area of industrial relations in Oman. The law reflects the government’s policy regarding the ‘Omanization’ of the work force, which presently includes a significant n
Foreign Investment RequirementsThe Foreign Capital Investment Law of 1994 provides the legal framework within which foreigners may invest and carry on business in the Sultanate of Oman. The followi
The Omani tax regime has been considered to be both reasonable and pragmatic in its dealing with taxpayers. The tax system has undergone important changes reflecting the government policy of openin
The Sultanate joined the World Intellectual Property Organization in September 1996. The sultanate is also applying for membership in the WTO, which would require a signing a number of agreements, in
Foreign Currency ControlOman’s exchange system is free of restrictions on payments and transfer for international transactions, and the Omani trade system may be regarded as virtually fully open. B
Companies LawForeign participating Omani enterprises is governed by the Foreign Business and Investment Law of 1974 as well as the Commercial Companies Code of 1974, the Commercial Register Law and
On November 6, 1996, by Royal Decree 101/96, the Sultan established the current Constitution of the Sultanate of Oman, known as the “White Book” in the form of a basic law. The Constitution provi
The government's emphasis on income diversification has opened the country to foreign participation in the economy, particularly in the form of joint ventures. Oman is actively seeking private fore