Today marks the fourth anniversary of the ascension of Sultan Haitham to the throne, and also marks the third anniversary of the promulgation of the Basic Statute of the State, i.e. the constitution of Oman. The very first Omani constitution was promulgated by the late Sultan Qaboos in 1996, which was amended only once in 2011. Sultan Haitham issued a new constitution exactly one year after his ascension to the throne, which largely retained the structure and content of the previous constitution, but with some key changes. As today marks the third anniversary of this constitution, this post will highlight three of its most important new provisions.
The Consumer Protection Authority has published in today’s Official Gazette a new decision Banning the Trading of Furniture Manufactured from Used Sponges, Fabrics, and Clothes that replaces the previous decision banning the use of such materials in the manufacture of furniture issued in 2015.
The Consumer Protection Authority has published in today’s Official Gazette a new decision Banning the Trading of Electronic Cigarettes and Electronic Shisha and Their Accessories that replaces the previous decision banning electronic cigarettes and shisha issued in 2015.
The Central Bank of Oman (CBO) published in today’s Official Gazette an announcement for ending the use of denominations of certain banknotes.
The Social Protection Fund (SPF) issued a decision today Determining the Average Wage Growth for 2024, which is set at 3%.
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Omani Law Predictions for 2024
Last year was a big year for Omani legislation with the promulgation of several key laws such as the Labour Law, the Social Protection Law, and the Maritime Law. We expect the year 2024 to have major legislative developments that are similar, if not greater, than those that came out in 2023. This post will highlight some of our predictions for this year.
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Announcing DecreeCon
We are excited to announce DecreeCon, an event for the Decree user community that provides insights into the latest developments in the Omani legal system. DecreeCon2024 will take place on 24 January 2024 at the Novotel Muscat Airport Hotel and will cover the topics of IPOs, data protection law, and labour law featuring 13 speakers from private practice, in-house legal teams, and other subject matter experts. You can learn more about the agenda and speakers by visiting the website of DecreeCon.
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2023 Wrapped!
The year 2023 was an exciting year for Decree. Decree was formally incorporated, we started our commercial operations, and managed to make available in English every single royal decree and ministerial decision published in the Official Gazette in the year 2023 at a speed and quality never seen before. In fact, we do not believe that in the history of this country had the entire body of Omani legislation of a whole year been ever made available in English before by any person or organisation.
The year 2023 had some of the biggest legal developments in Oman in recent years, with the promulgation of many critical laws such as the Labour Law, the Social Protection Law, the Maritime Law, and many more. This blog post provides an overview of the most significant royal decrees that came out this year.
The Tender Board published in today’s issue of the Official Gazette a brand new Regulation Governing Local Content that requires government entities subject to the Tender Law to impose local content requirements for any contract with a value exceeding 500,000 Rial Omani. The aim of this new regulation is to develop national human resources and to support local products and small and medium enterprises.