Categories
Ministerial Decision

Muscat Stock Exchange: Administrative Decision 84/2025 Capital Increase of KHAZAEN DEVELOPMENT AND INVESTMENT Co. SAOC

This item was issued by the Muscat Stock Exchange in English and was not translated by Decree.


You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a paid account.

Categories
Ministerial Decision

Ministry of Labour: Regarding the Mechanism for Transferring the Services of a Worker Registered with a Work Abandonment Report During the Grace Period for Rectifying Statuses

With reference to the grace period for rectifying statuses announced by the Ministry, employers may transfer the services of workers who have left work, whether their work cards are expired or still valid, provided that there is no active labor violation report. The approval for such requests will be granted automatically. Accordingly, employers wishing to benefit from these facilitation measures must submit a service transfer request through the Ministry’s electronic system. Upon obtaining the approval, they shall refer to the relevant administrative division of the Ministry (Directorate / Department / Section) for Labor Welfare to obtain a notification letter for the cancellation of the worker’s travel ban/alert associated with the work abandonment report from the records of the Royal Oman Police, and to complete the service transfer procedures with the Royal Oman Police. Please note that this service will expire at the end of the grace period for rectifying statuses.

23 June 2025

Categories
Ministerial Decision

Muscat Stock Exchange: Administrative Decision 83/2025 De-listing of Al Ansab Development Co. SAOC

This item was issued by the Muscat Stock Exchange in English and was not translated by Decree.

Pursuant to:

Royal Decree 18/2019 Promulgating the Commercial Companies Law,

Royal Decree 5/2021 Transforming Muscat Securities Market into a Closed Omani Joint Stock Company Named Muscat Stock Exchange SAOC,

Royal Decree 46/2022 Promulgating the Securities Law,

The Articles of Association of Muscat Stock Exchange SAOC,

The Resolution passed by the EGM in the meeting held on 18 March 2025 to transform the legal status of the Company from a Closed Joint Stock Co, to a Limited Liability Co, at a share capital of OMR 1,500,000 divided into 1,500,000 shares,

And according to:

The recommendation of Market Operations Department,

It has been decided:

Article 1

The company shall be delisted from the Third Market.

Article 2

This decision shall be effective as from Tuesday 17 June 2025.

Haitham Salim Al Salmi
Chief Executive Officer

Issued: 21 Dhul-Hijjah, 1446H
Corresponding to: 17 June 2025

Categories
Ministerial Decision

Ministry of Agriculture, Fisheries, and Water Resources: Ministerial Decision 144/2025 Banning the Import of Live Birds from Some States


You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a paid account.

Categories
Ministerial Decision

Muscat Stock Exchange: Administrative Decision 82/2025 Listing of the Sovereign Sukuk-Isuue Nine

2025/82 82/2025


You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a paid account.

Categories
Ministerial Decision

Muscat Stock Exchange: Administrative Decision 81/2025 Capital Increase of OSARA Co SAOC

2025/81 81/2025


You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a paid account.

Categories
Ministerial Decision

Muscat Stock Exchange: Administrative Decision 80/2025 Capital Increase of Aman Health Care Servicess Co SAOC

2025/80 80/2025


You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a paid account.

Categories
Ministerial Decision

Social Protection Fund: Decision C/7/2025 Amending Some Provisions of the Executive Regulation of the Social Protection Law


You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a paid account.

Categories
Ministerial Decision

Ministry of Labour: Statement Professional Engineering Accreditation Will Be Required to Obtain a Work Permit or Renew Work Permits for All Engineers


You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a paid account.

Categories
Ministerial Decision

Ministry of Labour: Announcement on the Mechanism for Implementing the Decision to Employ One Omani for Each Commercial Registration that Has Completed One Year of Establishment Specific to Foreign Investment Establishments

Arabic In line with the implementation of labor market regulation decisions, and pursuant to the statement issued by the Ministry of Labor on 5 May 2025, the Ministry affirms the following:

1. Foreign investment establishments whose commercial registration has completed one year of operation are required to submit an employment plan to recruit at least one Omani within a period of three months.

2. Employment may be fulfilled either through direct recruitment or by submitting a clear employment plan that leads to actual appointment.

3. A comprehensive ban shall be imposed on all non-compliant foreign investment establishments, regardless of the number of workers registered therein.

4. Establishments shall be granted a grace period not exceeding three months from the date of notification to rectify their status in accordance with the decision.

5. This mechanism has been established in coordination with the Ministry of Commerce, Industry and Investment Promotion with respect to the regulation of commercial registrations.

15 June 2025