The new Competition Protection and Monopoly Prevention Law (the Competition Law), which was published in December by Sultani Decree No. 67 of 2014, raises important compliance issues for companies doing business in Oman.
Legal Framework
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Articles & Analysis | Oman's new competition regulations come into force from The Report: Oman 2016
Interviews & Viewpoints | Paul Sheridan, Managing Partner, Dentons, on foreign direct investment in Oman: Viewpoint from The Report: Oman 2016
The goals of Oman’s current long-term strategy, Vision 2020, are to support growth, diversify away from oil and gas, and create employment opportunities for Omanis. Attracting inward foreign investment is a major factor in achieving these goals. Oman’s current legislation on foreign investment (the Foreign Capital Investment Law, or FCIL) was...
Chapter | Legal Framework from The Report: Oman 2016
This chapter contains an overview of the legal framework within which local and international investors operate in Oman, including a look at the business environment for foreign investors, the different types of corporate entity recognized in Oman and a rundown of the various incentives available for inward investment. This chapter contains a viewpoint from Paul Sheridan, Managing Partner,...
Oman’s long history of political stability coupled with its favorable international trade agreements and special economic zones has ensured strong growth in economic output and exports in recent years. The fall in global prices is undoubtedly a concern for the sultanate, but the sustained focus on diversification schemes, as well as the country’s ongoing spending commitments on big-ticket projects should ensure steady growth moving forward.
Located at a crossroads between Africa, Asia and Europe, Egypt remains one of the world’s most strategically important countries, as it has been for millennia. Egypt has the third-largest GDP in the Arab world, after oil-rich Saudi Arabia and the UAE. It is considerably more diversified than many economies in the region, with manufacturing and agriculture key contributors, making up 14.5% and 15.7% of GDP, respectively, according to the Central Bank of Egypt, as well as oil and gas extraction.
Interviews & Viewpoints | Karim S Anjarwalla, Managing Partner, Anjarwalla & Khanna, on the new constitution: Viewpoint from The Report: Kenya 2016
The adoption of a new constitution on August 27, 2010 at Uhuru Park was the culmination of years of debate, consultation and compromise. While the content was the subject of intense dispute, the idea for a new constitution was one whose time had come.