Oman

Oman

Reorganizes the Public Authority for Investment Promotion and Export Development

26 May 2012

Oman issued Royal Decree No. 35/2012 to reorganize the Public Authority for Investment Promotion and Export Development. The agency is placed under the jurisdiction of Ministry of Foreign Affairs. The Law also gives power to the Chairman to create an overall strategy in order to promote investmentframework, which is consistent with the general policy of the state, and prepare necessary plans and conduct studies and researches in the field of investment promotion.

Nature of measure:
  • Promotion
Type:
  • Promotion and facilitation (Investment facilitation )
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: