Author: admin

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

His Excellency Sayyid Sultan bin Hamad bin Hilal Al-Busaidi is hereby appointed an ambassador extraordinary and plenipotentiary of Ours to the United Arab Emirates.

Article II

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

Issued on: 4 Dhu Al-Qa’dah 1412
Corresponding to: 6 May 1992

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 479 issued on 16 May 1992.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

the Banking Law 7/74 and its amendments,

and in pursuance of public interest,

have decreed as follows

Article I

The text of paragraphs (a) and (b) of article 4-01.3 of the mentioned Banking Law is hereby amended to read as follows:

(a) Any local bank shall have and maintain at all times a paid-up capital of not less than ten million Rial Omani.

(b) Any foreign bank shall have and maintain within the Sultanate at all times a paid-up capital of not less than three million Rial Omani as initial capital, provided that this amount is maintained within the Sultanate at all times and must be available for the practice of banking business within the Sultanate, in addition to the funds required to be maintained in particular in the central bank as capital deposits in accordance with article 4-02.3 of this law and as reserves against deposits in accordance with article 4-30.3 of this law.

Article II

Banks operating at the time of the entry into force of this law shall rectify their status in accordance with article I within eighteen months from the date of publication of this decree.

Article III

This decree must be published in the Official Gazette.

Issued on: 22 Shawwal 1412
Corresponding to: 25 April 1992

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 478 issued on 2 May 1992.

Arabic Auto Translate

Published in Official Gazette 478 issued on 2 May 1992.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

Royal Decree 29/81 Recomposing the Development Council and Determining Its Mandates and Its Amendments,

and Royal Decree 94/91 Establishing Majlis Al-Shura,

and in pursuance of public interest,

have decreed as follows

Article I

The following are hereby appointed members of the Development Council:

– Minister of Health

– Chairman of Majlis Al-Shura

Article II

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

Issued on: 22 Shawwal 1412
Corresponding to: 25 April 1992

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 478 issued on 2 May 1992.

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,

the Commercial Companies Law 4/74 and its amendments,

and Royal Decree 65/91 Establishing Oman Chromite Company,

and in pursuance of public interest,

have decreed as follows

Article I

Salim bin Mohammed bin Shaaban is hereby appointed Chairman of the Board of Directors of Oman Chromite Company.

Article II

The following:

– Mohammed bin Hussein bin Qasim Al-Yafei

– Khalifa bin Mubarak bin Ali Al-Hinai

are hereby appointed members of the Board of Directors of Oman Chromite Company.

Article III

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

Issued on: 12 Shawwal 1412
Corresponding to: 15 April 1992

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 478 issued on 2 May 1992.