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Ministerial Decision

Ministry of Commerce, Industry, and Investment Promotion: Ministerial Decision 306/2022 Amending Some Provisions of the Executive Regulation of the Foreign Capital Investment Law

Arabic

Based on the Foreign Capital Investment Law promulgated by Royal Decree 50/2019,

and the Executive Regulation of the Foreign Capital Investment Law issued by Ministerial Decision 72/2020,

and in pursuance of public interest,

it is hereby decided

Article I

The texts of articles 5 and 7 of the Executive Regulation of the Foreign Capital Investment Law are hereby replaced with the following texts:

Article 5

The ministry may license individuals, establishments, and companies from inside or outside the Sultanate of Oman to market investment opportunities, attract investors, and encourage them to invest in the Sultanate of Oman, in accordance with the rules specified by a decision by the minister.

Article 7

The foreign investor or his representative may entrust an office licensed by the ministry with examining the investment licence application and the applications for obtaining the approvals, permits, or licences necessary to establish the investment project to verify the extent to which they meet all the conditions and requirements prescribed by law for their issuance. A certificate of this effect shall be issued by the office and shall be valid and acceptable before the centre for a period of 6 (six) months from the date of its issuance, and the centre has the right to object to the content of this certificate, within 10 (ten) days from the date of its submission, and the objection must be reasoned.

These offices may submit the aforementioned applications to the centre on behalf of the investor, and follow up on their completion.

A decision by the minister shall specify the conditions and procedures for licensing the offices for the approval of these applications and their mechanism of work; determining their obligations, and in particular, the obligations relating to exercising due diligence in practising their work; verifying the accuracy and correctness of the data, information, and documents submitted to the centre; completing the examination of applications in a timely manner; and maintaining the confidentiality of the data, information, and documents relating to them.

Article II

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 24 Sha’ban 1443
Corresponding to: 27 March 2022

Qais bin Mohammed bin Moosa Al-Yousef
Minister of Commerce, Industry, and Investment Promotion

Published in Official Gazette 1436 issued on 3 April 2022.

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Ministerial Decision

Small and Medium Enterprises Development Authority: Decision 262/2022 Issuing the Governance Regulation for Subsidising Craft Industries

Arabic

Based on Royal Decree 107/2020 Establishing the Small and Medium Enterprises Development Authority, Determining Its Competences, and Adopting Its Organisational Structure,

and the approval of the Board of Directors of the Small and Medium Enterprises Development Authority,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached governance regulation shall apply in regard to subsidising craft industries.

Article II

All that is contrary to this decision, or in conflict with its provisions, is hereby repealed.

Article III

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 21 Sha’ban 1443Corresponding to: 24 March 2022

Qais bin Mohammed bin Moosa Al-YousufMinister of Commerce, Industry, and Investment PromotionChairman of the Board of Directors of the Small and Medium Enterprises Development Authority

Published in Official Gazette 1435 issued on 27 March 2022.

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Ministerial Decision

Foreign Ministry: Ministerial Decision 91/2022 Founding the Omani-Bahraini Friendship Association

Arabic Based on the Law Governing the Foreign Ministry promulgated by Royal Decree 32/2008, and the Regulation of the Omani Friendship Associations issued by Ministerial Decision 341/2007, and in pursuance of public interest,

it is hereby decided

Article I

The Omani-Bahraini Friendship Association is hereby founded, and its constitution shall be recorded in the register prepared in the ministry for this purpose.

Article II

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication. Issued on: 21 Sha’ban 1443 Corresponding to: 24 March 2022

Badr bin Hamad bin Humoud Al-Busaidi Foreign Minister

Published in Official Gazette 1436 issued on 3 April 2022.

Categories
Ministerial Decision

Ministry of Higher Education, Research, and Innovation: Ministerial Decision 6/2022 Amending Some Provisions of Ministerial Decision 19/2018 Establishing the National University of Science and Technology

Arabic Auto Translate

Published in Official Gazette 1435 issued on 27 March 2022.

Categories
Ministerial Decision

Consumer Protection Authority: Decision 1/2022 Amending Some Provisions of the Executive Regulation of the Consumer Protection Law

Arabic Auto Translate

Published in Official Gazette 1434 issued on 20 March 2022.

Categories
Ministerial Decision

Tax Authority: Decision 89/2022 Amending Some Provisions of Decision 65/2021 Determining the Food Products Subject to Value Added Tax at the Rate of Zero Percent

Arabic Auto Translate

Published in Official Gazette 1433 issued on 13 March 2022.

Categories
Ministerial Decision

Ministry of Transport, Communications, and Information Technology: Ministerial Decision 33/2022 Issuing the Regulation Governing Sea Taxi Units (Water Taxi)

Arabic Auto Translate

Published in Official Gazette 1433 issued on 13 March 2022.

Categories
Ministerial Decision

Ministry of Housing and Urban Planning: Ministerial Decision 58/2022 regarding Granting Privileges to Non-Omani Investors to Own Certain Real Estate

Arabic

Based on the Land Law promulgated by Royal Decree 5/80,

the Real Estate Register System promulgated by Royal Decree 2/98,

Royal Decree 21/2004 Regulating the Ownership of Real Estate by Nationals of the States of the Cooperation Council for the Arab States of the Gulf in Member States,

the System of the Ownership of Real Estate by Non-Omanis in Integrated Tourism Complexes promulgated by Royal Decree 12/2006,

the Law on the Prohibition of the Ownership of Land and Real Estate by Non-Omanis in Certain Places promulgated by Royal Decree 29/2018,

the Executive Regulation of the Law on the Prohibition of the Ownership of Land and Real Estate by Non-Omanis in Certain Places issued by Ministerial Decision 292/2020,

and the approval of the Council of Ministers, and in pursuance of public interest,

it is hereby decided

Article I

A non-Omani investor wishing to obtain a Category I Residence Card has the right to request a certificate from the Real Estate Register Secretariat proving that he has purchased one or more housing units with a total value of not less than 500,000 (five hundred thousand) Rial Omani, or with a value of not less than 250,000 (two hundred and fifty thousand) Rial Omani if he wishes to obtain a Category II Residence Card.

In all cases, the housing unit or units must be in places where ownership by non-Omanis is authorised.

Article II

A non-Omani investor holding a Category I Residence Card has the right to own one real estate for residential, commercial, or industrial use outside the places where ownership by non-Omanis is authorised, and the ownership of the real estate must not be in the places stipulated in the aforementioned Law on the Prohibition of the Ownership of Land and Real Estate by Non-Omanis in Certain Places.

Article III

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 29 Rajab 1443
Corresponding to: 3 March 2022

Dr Khalfan bin Said bin Mubarak Al-Shuaili
Minister of Housing and Urban Planning

Published in Official Gazette 1433 issued on 13 March 2022.

Categories
Ministerial Decision

Ministry of Housing and Urban Planning: Ministerial Decision 57/2022 Amending Ministerial Decision 92/2016 Issuing the Schedule of Values, Fees, and Prices Collected by the Ministry of Housing

Arabic Auto Translate

Published in Official Gazette 1433 issued on 13 March 2022.

Categories
Royal Decree

Royal Decree 12/2022 Approving the Petroleum Agreement between the Government of the Sultanate of Oman and Almajd Gas Development LLC, Shell Integrated Gas Oman BV, Marsa Liquefied Natural Gas LLC, and Shell Development Oman LLC for Block 10

Arabic

We, Haitham bin Tarik, the Sultan of Oman

after perusal of the Basic Statute of the State,

the Oil and Gas Law promulgated by Royal Decree 8/2011,

and the Petroleum Agreement between the Government of the Sultanate of Oman and Almajd Gas Development LLC, Shell Integrated Gas Oman BV, Marsa Liquefied Natural Gas LLC, and Shell Development Oman LLC for Block 10 signed on 21 December 2021,

and in pursuance of public interest,

have decreed as follows

Article I

The aforementioned petroleum agreement is hereby approved.

Article II

The provisions of the aforementioned petroleum agreement shall apply notwithstanding any provisions to the contrary in laws, royal decrees, or regulations in force in the Sultanate of Oman on the date of entry into force of this decree.

Article III

This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 28 Rajab 1443
Corresponding to: 2 March 2022

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1432 issued on 6 March 2022.