We, Qaboos bin Said, the Sultan of Oman
after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,
and Royal Decree 59/96 Establishing the Omani Centre for Investment Promotion and Export Development,
and in pursuance of public interest,
have decreed as follows
Article I
The text of the aforementioned article 1 of Royal Decree 59/96 is hereby replaced with the following text:
A public authority named the “Public Authority for Investment Promotion and Export Development” is hereby established under the provisions of this decree.
Article II
Dr Salim bin Nasser Al-Ismaili is hereby appointed Chairman of the Public Authority for Investment Promotion and Export Development with the rank of minister.
Article III
The System of the Public Authority for Investment Promotion and Export Development must be promulgated by a royal decree, and until the issuance of this system, the provisions of the articles of association of the Omani Centre for Investment Promotion and Export Development continue to apply, to the degree that they do not conflict with the provisions of this decree.
Article IV
This decree must be published in the Official Gazette, and comes into force on the date of its issuance.
Issued on: 22 Rabi Al-Thani 1432
Corresponding to: 27 March 2011
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 932 issued on 2 April 2011.