Category: Royal Decree
Arabic
We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
the Oil and Gas Law issued by Royal Decree 8/2011,
and the Petroleum Agreement between the Government of the Sultanate of Oman, OQ Exploration and Production Block 54 LLC, and Genel Energy No. 8 Limited (Oman Branch) for Block 54 signed on 10 March 2025,
and in pursuance of public interest,
have decreed as follows
Article I
The mentioned petroleum agreement is hereby approved.Article II
This decree must be published in the Official Gazette, and comes into force on the date of its issuance. Issued on: 10 Dhu Al-Qa’dah 1446 Corresponding to: 8 May 2025Haitham bin Tarik Sultan of Oman
Published in Official Gazette 1595 issued on 11 May 2025.
Arabic
We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
the Mineral Resources Law issued by Royal Decree 19/2019,
and the Exploration and Mining Concession Agreement between the Government of the Sultanate of Oman and Al Tamman Indsil Mining LLC for Block 22D signed on 28 November 2024,
and in pursuance of public interest,
have decreed as follows
Article I
The mentioned exploration and mining concession agreement is hereby approved.Article II
This decree must be published in the Official Gazette, and comes into force on the date of its issuance. Issued on: 21 Shawwal 1446 Corresponding to: 20 April 2025Haitham bin Tarik Sultan of Oman
Published in Official Gazette 1593 issued on 27 April 2025.We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
the System of the Social Protection Fund issued by Royal Decree 50/2023,
and in pursuance of public interest,
have decreed as follows
Article I
The text of article 9 of the mentioned System of the Social Protection Fund is hereby replaced with the following text:
The management of the fund and the governance of its affairs must be undertaken by a board of directors formed by a decision by the Council of Ministers, and the decision must determine the chairman of the board, the members of the board, and the term of their membership, provided that the Chairman of the Oman Chamber of Commerce and Industry and the President of the General Federation of Workers of the Sultanate of Oman are among them.
The board may seek the assistance of whomever it deems fit from experts and advisors, and they may attend meetings of the board and participate in the deliberations, without having a counted vote.
Article II
All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.
Article III
This decree must be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on 11 Shawwal 1446
Corresponding to 10 April 2025
Haitham bin Tarik
Sultan of Oman
Published in Official Gazette 1591 issued on 13 April 2025.
We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
and the Commercial Agencies Law issued by Royal Decree 26/77,
the Land Law issued by Royal Decree 5/80,
Royal Decree 5/81 Governing the Usufruct of the Lands of the Sultanate of Oman,
the Foreigners Residency Law issued by Royal Decree 16/95,
the Real Estate Register System issued by Royal Decree 2/98,
the Law of Free Zones issued by Royal Decree 56/2002,
the Income Tax Law issued by Royal Decree 28/2009,
the Commercial Companies Law issued by Royal Decree 18/2019,
the Foreign Capital Investment Law issued by Royal Decree 50/2019,
the Value Added Tax Law issued by Royal Decree 121/2020,
and the Labour Law issued by Royal Decree 53/2023,
and after presentation to Majlis Oman,
and in pursuance of public interest,
have decreed as follows
Article I
The attached Law of Special Economic Zones and Free Zones hereby applies.
Article II
The provisions of the attached law must not prejudice the advantages, incentives, exemptions, facilities, and guarantees granted to existing operators and working companies in the free zones and enterprises in the Special Economic Zone at Duqm when it comes into force. These operators, companies, and enterprises retain these advantages, incentives, exemptions, facilities, and guarantees until the expiry of their respective periods, in accordance with the legislation and agreements they are derived from.
Article III
The Chairman of the Board of Directors of the Public Authority for Special Economic Zones and Free Zones shall issue the executive regulation of the attached law within one year from the date of its issuance, and shall also issue the decisions necessary for the implementation of its provisions, and until they are issued, the existing regulations and decisions continue to operate to the degree that they do not contradict with its provisions.
Article IV
The Law of Free Zones issued by Royal Decree 56/2002 is hereby repealed, as well as all that is contrary to the attached law or in conflict with its provisions.
Article V
This decree must be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 8 Shawwal 1446
Corresponding to: 7 April 2025
Haitham bin Tarik
Sultan of Oman
Published in Official Gazette 1591 issued on 13 April 2025.