According to local newspaper reports, Oman’s Shoura Council has issued a Decision halving the minimum wage requirement for expatriate workers who are looking to bring their family to the Sultanate with them. The wage requirement has been cut from 600 to 300 Rials. The change comes as the country looks to diversify its economy through its Tanfeedh programme.
Qatar’s Civil Aviation Authority (QCAA) and the European Aviation Safety Agency (EASA) have signed an agreement to cooperate on regulatory and aviation safety issues. The agreement aims to enhance collaboration to improve safety and harmonise global aviation including information, knowledge and expertise sharing and regulatory cooperation. It was signed for the EASA by its Executive Director, Patrick Ky and for the QCAA by its Chairman, HE Abdulla Nasser Turki Al Subaey.
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Written Dr Marjan Atashi Golestan is a Visiting Professor of Law at University of Allameh Tabatabaei and Industrial Management Institute of Iran (IMI) who has carried out a specific and detailed study of the law impacting overseas companies and investors who wish to set up and operate in Iran.
The legislative position in Iran in this area is not always clear and some of the legislation can be confusing when looked at in isolation. As a result Dr Golestan has carried out extensive research including reviews of associated parliamentary debates and provides information on the practice on the ground to clarify the position.
A key point for those investing in Iran is whether they want protection from potential nationalization and expropriation, so the benefits and requirements for registration under this regime is discussed extensively, along with differences between onshore and freezone operations, intellectual property concerns, visa requirements for expatriate staff and business owners, taxation and dispute resolution options.