The Supreme Court held that an agreement to purchase real estate in Oman on behalf of foreign investors does not constitute a commercial agency under the Commercial Agencies Law, as it does not involve promoting or distributing foreign goods. Consequently, the failure to register such an agreement with the Ministry of Commerce and Industry does not invalidate the contractual obligations of the parties.
You do not have a valid subscription to view Decree Intel. Decree Intel is a database of Omani legal research material that covers explanatory notes, government entity overviews, and case and fatwa summaries. Decree Intel is a separate subscription from Decree Legislation. Contact us to learn more.
Decree