We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
the Law of Arbitration in Civil and Commercial Disputes promulgated by Royal Decree 47/97,
and the System of Oman Chamber of Commerce and Industry promulgated by Royal Decree 45/2017,
and in pursuance of public interest,
have decreed as follows
Article I
A special centre named the “Oman Commercial Arbitration Centre” is hereby established under this decree subordinate to the Oman Chamber of Commerce and Industry, and it has legal personality and enjoys financial and administrative independence.
Article II
The Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry shall issue the work system of Oman Commercial Arbitration Centre.
Article III
All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.
Article IV
This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 8 Safar 1440
Corresponding to: 17 October 2018
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 1265 issued on 21 October 2018.