Categories
Commentary

New Omani Advocacy and Legal Consultancy Law Issued

The new Omani Advocacy and Legal Consultancy Law was promulgated two days ago, and it introduces major changes to the regulation of the legal profession in Oman. The new law requires advocates to pass written exams to qualify to appear before the different levels of Omani courts, and permits international law firms to open legal consultancy offices in Oman without a local Omani partner, among many other significant changes. This new law will enter into force after six months.

Categories
Commentary

Global AI Regulation: The New European AI Convention

Earlier this month, the Council of Europe adopted a new legally binding international agreement on AI called the Council of Europe Framework Convention on Artificial Intelligence and Human Rights, Democracy and the Rule of Law that was signed by the EU, the UK, Norway, the US, and others. This convention is the first legally binding multilateral instrument governing artificial intelligence and is intended to create a legal framework for ensuring that all activities within the AI lifecycle respect human rights, democracy, and the rule of law.

Categories
Announcements

Introducing: Decree Saudi Arabia

We are launching today the free beta version of Decree Saudi Arabia. This version of Decree offers full-text of English-translated Saudi royal decrees, laws, ministerial decisions, and other content published in Umm Al-Qura Newspaper, i.e. the Saudi official gazette, on a weekly basis.

We are still in the early stages of building the English database of Decree Saudi Arabia, and we welcome feedback from our users regarding items from the backlog of Saudi legislation that they would like to see translated on Decree.

Similar to the Omani version of Decree, Decree Saudi Arabia is linked with Qanoon Saudi Arabia, and it is possible to use the English website to locate legislation items even if they are not translated so that the user can view the original document or use Google translate to access the document.

Decree Saudi Arabia also has its own free weekly newsletter that notifies users of the contents of new issues of Umm Al-Qura.

Please note that the login details of Decree.om are NOT linked with the login details of Decree Saudi Arabia. Upon the official launch of the service, both services will be accessible using a unified access system.

Decree Saudi Arabia is available free of charge until the end of the year. It will be available as an add-on to Decree.om customers.

You can stay up to date with Decree Saudi Arabia by following our Saudi LinkedIn account.

Categories
Commentary

Oman’s National Artificial Intelligence Policy

The Ministry of Transport, Communications, and Information Technology (MTCIT) recently announced a public consultation regarding a draft National Artificial Intelligence Policy. This draft policy suggests that the MTCIT does not wish to impose any serious restrictions on the ability to use AI systems in Oman as the policy will not be a legally binding document and will not impose any concrete obligations on the providers or deployers of AI systems in Oman. This is a reasonable approach for the MTCIT to take as the technology of AI is still developing and imposing unreasonable restrictions at this stage might deprive Omani society of the ability to experiment with and explore the possibilities offered by AI.

Categories
Announcements

Introducing: Risk Watchlist

Decree Risk has become a valuable resource for organisations dealing with large numbers of small and medium Omani enterprises, such as utility companies and banks, who need to submit liquidation claims for unpaid bills and or make an objection to the government to block a legal transformation when any of these small and medium enterprises enter into liquidation or attempt to undergo a legal transformation.

Today, we are taking Decree Risk to the next level by announcing Risk Watchlist—a tool that allows organisations to monitor future risk incidents by adding the CR number of a target company on the Risk Watchlist to receive immediate alerts when any of these target companies appear in a risk announcement.

Categories
Law Updates

New Omani Waqf Establishment Formed

This week’s issue of the Official Gazette included the full text of Royal Decree 28/2024 Establishing the Omani Waqf Establishment and Promulgating Its System, which is a brand new government entity responsible for managing and investing waqf as well as the treasury, known as Bait Al-Mal, of the Ministry of Endowments and Religious Affairs.

Categories
Commentary

EU AI Act: Implications for Oman

Late last month, the EU formally adopted the EU AI Act, the first comprehensive and legally binding AI framework adopted anywhere in the world. Somewhat like the GDPR, the EU AI Act has extraterritorial application, and it is likely for this act to become the international legislative standard that countries around the world replicate when developing their AI legal frameworks.

Categories
Announcements

Introducing: Decree Risk

We are launching today Decree Risk—a brand new structured database intended to help organisations engaging with Omani businesses manage their risk by providing timely updates on liquidation, capital reduction, legal form transformation, and other risks associated with Omani companies.

Categories
Announcements

PDF Downloads Now Enabled on Decree

We have been experimenting over the past two months with adding a standalone button to let users download the content of Decree as a pre-formatted PDF. Even though it has always been possible to download content from Decree using the Print PDF option available in most browsers, a number of users have spoken to us asking for this to be done more easily, and we are happy to finally have this feature enabled.

Categories
Law Updates

MHUP Issues the System of Real Estate Owners Associations

The Ministry of Housing and Urban Planning published in this week’s issue of the Official Gazette a decision issuing the Form of the System of Real Estate Owners Associations that is intended to be binding on Real Estate Owners Associations and read alongside the System of the Apartments and Floors Ownership and its executive regulation.