Skip to content
LexisNexis Middle East
  • Solutions
    • Lexis® Middle East
      • Certification Programme
    • Tolley+ Middle East
    • Protege
  • Buy Books
  • Training, Events
    & Webinars
  • News
    • United Arab Emirates
    • Saudi Arabia
    • Qatar
    • Kuwait
    • Bahrain
    • Oman
    • Egypt
    • Publications
    • All
  • About us
    • Our Company
    • Rule of Law
  • Contact
  • Sign-In
    • Lexis® Middle East
    • Lexis® Library
    • Lexis® PSL
Oman News developments

Oman: Unified Contracts Initiative

  • 28/07/202328/07/2023
  • by Tanya Jain

Oman Daily Observer, 25 July 2023: A new Oman Labour Law, Oman Sultani Decree No. 53/2023 has been issued.

The law repeals and replaces Oman Sultani Decree No. 35/2003. It reaffirms that employment is an intrinsic right for Omanis and states no other are allowed to work in the country except in accordance with the laws and related decisions. It underlines the importance of employers having a plan for localisation which is published in their workplace and website. They will also be required to produce a report on Omani workers including their salaries, gender and information on job vacancies. Employers must also have a plan on appointing and training Omanis for leadership roles.

Joint Dialogue Committee will be established which will examine proposals for regulating the labour market.

It contains provisions on working hours, leave, salaries, employment of young people, and occupational health and safety. It also covers the settlement of labour disputes, trade unions and penalties.

A number of provisions have been put in place to support women workers including the allocation of an hour a day for child care, a 98 day maternity leave provision, and the right to take unpaid leave for up to a year for childcare reasons.

There is also now seven day paternity leave and a 15 day caregiver leave – where an employee needs to accompany a patient. Sick leave levels have also been increased.

In workplaces with more than 25 workers, a special rest place must be provided for women.

Employees will be entitled to up to 182 days sick leave, subject to certain conditions. Full pay will be given for the first day to the 21st day; 75 per cent of salary for 22nd to 35th; 50 per cent for 36th to 70th; and 35 per cent for 71st to 182nd day.

Workplaces in specific sectors will be able to be organised in such a way that is unique to the conditions of that sector. Employers will also be allowed to let their employees work temporarily for another employer.

The law allows non-Omani employees’ employment to be terminated if this is in order to facilitate Omanisation and the employee replacing them is an Omani. There are also provisions on termination of an employee who fails to achieve required productivity levels. Employers are required to put an appraisal system in place.

Fifteen days of study leave will be granted to employees enrolled in schools, institutes, or universities.

Female Muslim workers will also be entitled to 130 days of leave in case of their husband’s death; while a non-Muslim woman would be granted 14 days.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Oman News developments

Oman: Unified Contracts Initiative

  • 26/07/202326/07/2023
  • by Tanya Jain

Oman Daily Observer, 23 July 2023: The General Directorate of Studies and Development at the Consumer Protection Authority (CPA) has launched Unified Contracts Initiative for several sectors in Oman to improve consumer services.

The initiative focuses on aluminium workshops, kitchens, and electrical and electronic goods. The aim is to better define the rights of suppliers and consumers during and after the purchasing process, and provide consumer safety. It is hoped the initiative will help fight fraud, limit negative practices, reduce consumer complaints. The first phase of the initiative will include drafting, approving and renewing contracts. The second phase will involve applying contracts to commercial establishments.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Oman News developments

Oman: Internet of Things Permit Granted

  • 20/07/202320/07/2023
  • by Tanya Jain

Oman Daily Observer, 17 July 2023: The Oman Telecommunications Regulatory Authority has issued a new permit to provide Internet of Things services to beneficiaries.

The permit has been issued to the Future Cities Company (Tadoom) which specialises in smart city solutions using the Internet of Things and artificial intelligence. Using the permit Tadoom will be able to provide various Internet of Things applications including utility management, smart meters, irrigation and agriculture applications and parking management.

The Internet of Things is regulated under Oman Resolution No. 93/2022. IoT services in Oman cannot be provided without a permit from the Oman Telecommunications Regulatory Authority.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Oman News developments

Oman: Platform for Companies Information Launched

  • 12/07/202312/07/2023
  • by Tanya Jain

Alroya, 5 July 2023: Oman’s Small and Medium Enterprises Development Authority has partnered with the Royal Oman Police to introduce the “Information Plus” electronic information system on the authority’s website.

This digital platform serves as a comprehensive resource, offering details on companies, establishments, their locations, activities, population information, and economic activities.

The primary objective of this new system is to promote the use of open data and make it accessible to small and medium enterprise owners who are interested in launching their own ventures. The system aims to support these entrepreneurs in finding relevant information and making informed decisions to drive their business success.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Oman News developments

Oman: Central Bank Issues Financial Stability Index

  • 05/07/202305/07/2023
  • by Tanya Jain

Alwatan, 3 July 2023: The Central Bank of Oman has issued an index to measure the private compound financial stability with the aim of capturing a full idea of the financial situation locally to help the decision makers and concerned parties by providing them valuable information.

The index uses measurements of 1 to 5 to indicate the level of stability of five components including the banking stability, the regulatory risks, the debts sustainability, the currency stability and the capital markets.

These details will be available to the public annually.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Oman News developments

Oman: Fees for Private Economic Zones Services Amended

  • 22/06/202322/06/2023
  • by Tanya Jain

Atheer, 18 June 2023: The Chairman of Oman’s Private Economic Zones and Free Zones General Authority has issued Oman Decision 163-2023/1/2/1152, which establishes the fees for the services provided by the authority to these zones.

The decision incorporates a comprehensive list of fees and states that in the absence of specific provisions for a particular service mentioned in this list, the authority must levy the same fees imposed by the competent authorities as outlined in the relevant laws and regulations.

For small and medium establishments, these fees will be reduced by 50 per cent.

In case of delays in payment, a penalty amounting to 5 per cent of the outstanding fee will be imposed for every 30-day period following the due date, beginning after thirty days from when these fees become payable.

For full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Oman News developments

Oman: Registration Begins in Small and Medium Enterprises Program

  • 14/06/202314/06/2023
  • by Tanya Jain

Oman Daily, 6 June 2023: Oman’s Small and Medium Enterprises Authority has announced the start of registration for a program aimed at supporting SMEs, as part of its ongoing efforts to bolster these establishments.

One of the key objectives of this program is to empower entrepreneurs in strategically and operationally planning for their enterprises, leading them professionally, seizing opportunities, achieving optimal success, and enhancing their managerial, strategic, and leadership capabilities.

This will be accomplished through a series of seven professional training workshops. The program is designed to benefit two categories of entrepreneurs: small and medium enterprises as well as startups.

Small and medium enterprises applying for the program must have been operational for a minimum of one year. In addition, applicants are required to possess an entrepreneurship card, be fully dedicated to managing the enterprise, and commit to completing the mentoring program over a period of 12 months.

For full story, click here.


To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

The MENA Business Law Review No. 03/2022 is out! News developments

The MENA Business Law Review No. 01/2023 is out!

  • 13/06/202313/06/2023
  • by Tanya Jain

We are pleased to share the first edition of the MENA Business Law Review 2023, the definitive business law reference in the Middle East and North Africa!

In this edition:

PRACTICAL GUIDANCE: Contract Lifecycle Management – In-House Strategies for Effectively Delivering Technology Projects

In this article, Tarek Saad, Senior Counsel, and Tamim Momeni, Associate from Crowell & Moring LLP set out a number of general contract management recommendations and techniques that will increase a technology project’s chances of success.


CASE COMMENT: DIFC Court Hears Ground-Breaking Cryptocurrency Claim

Sara Sheffield, Max Davis, and Peter Smith from Charles Russell Speechlys share their insights on the cryptourrency claim. The Court of First Instance of the Dubai International Financial Centre (DIFC) has handed down judgment following trial of a claim arising from the misappropriation of 300 bitcoins. The case touches on several of the key questions facing the courts around the world.


CASE COMMENT: Rajabieslami v. Tariverdi and others

English Commercial Court casts doubt on enforceability of English court judgments in Qatar. Sophie Eastwood and Joseph Dyke from McNair International sheds light on the case and it’s analysis.


CASE COMMENT: Administration in UAE – A Close Look into the NMC Group

In this, Hana Al Khatib from Global Advocacy & Legal Counsel (UAE) explores the introduction of the Common Law concept of “administration” in the UAE’s Civil Law System through the landmark NMC Group litigation. This legal mechanism aims to rescue distressed companies and prioritize the interests of creditors for better outcomes than liquidation.


FEATURE: The Legal Industry and the Perfect Storm

Rany Sader from SADER Publishing discusses the unstoppable transformation happening in the legal sector, comparing it to a tsunami that demands adaptation. Embracing technology, including tools that utilize big data, is crucial for lawyers to streamline their work, enhance research, and meet client demands for transparency, speed, and cost-efficiency.


FEATURE: Lawyers Must Be Agents of Change

In a thought-provoking perspective, Senior Technology Lawyer, Khaled Shivji emphasizes the need for the legal industry to wholeheartedly embrace technology and digital disruption. Discover why lawyers must seize this opportunity for transformative change.


FEATURE: ChatGPT in the Legal Industry: Balancing Potential Benefits and Limitations

Rosena Nhlabatsi, LLB, LLM, RTTP gives an overview of the benefits and limitations of Chat GPT in the legal sector.


Want to receive more content? Subscribe to our newsletter here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

MENA Business Law Review | Issue 1/2023

Have you read the previous editions of the MENA Business Law Review? Click the links below to access and read previous editions.

LexisNexis MENA Business Law Review No. 01_2022
LexisNexis MENA Business Law Review No. 02_2022
LexisNexis MENA Business Law Review No. 03_2022

FEATURE: UNIDROIT Draft Principles on Digital Assets: Guidance for Law Reform in the MENA Region

Andrew Dahdal and Omran Almulla discuss the UNIDROIT Draft Principles on Digital Assets and their potential impact on law reform in the MENA Region.


FEATURE: Fintech Licensing in Dubai: Navigating Regulatory Requirements

Omran Almulla helps us navigate regulatory requirements for FinTech licensing in Dubai.


FEATURE: The Legislative Environment for Self-Driving Vehicles in the State of Qatar

Fathy Mahmoud Radwan discusses current and future legislation for Self-Driving Vehicles in Qatar.



Elevate Your Tax Expertise with the Exciting New Summer 2023 Edition of Lexis Middle East Gulf Tax! News developments

Elevate Your Tax Expertise with the Exciting New Summer 2023 Edition of Lexis Middle East Gulf Tax!

  • 12/06/202312/06/2023
  • by Tanya Jain

We are thrilled to announce the latest edition of Lexis Middle East Gulf Tax, the very first of its kind in the GCC region! Our complimentary magazine offers insightful updates on the latest tax and financial developments across the region.


In this edition:

In Comes Transfer Pricing

How will transfer pricing operate in the UAE from 1 June 2023? Alessandro Valente of Crowe explains how it will operate.


Firm Foundation on Tax

Foundations and the UAE Corporate Income Tax Regime – Foundations are often used for succession planning and charitable purposes, but it would be wrong to automatically assume they will be exempt from the UAE’s new corporate income tax law, as Alejandra Esmoris, Head of Private Clients, CVML explains.


What’s Changed? – Electronic commerce

Is your e-commerce business in the UAE compliant with new VAT reporting and record keeping requirements?


Tax News Round-Up

Stay informed about the latest updates in tax treaties and regulations throughout the region. This includes a regulatory round-up of recent changes and information on tax treaties.


Practical Focus on Customs Valuation

Customs arrangements are integral to the design of business operations in the UAE, given its heavy reliance on cross-border trade, encompassing both material exports and high levels of imports. Tax Lawyer, Patryk Karczewski, and Head of Tax, Siegert Slagman, highlight the crucial role of customs arrangements in facilitating successful trade in the UAE.


Tax Professional Profile: A Different Approach

Mourad Chatar, Managing Partner at a Consulting Firm talks about the differences between tax in the UAE and the GCC region.


Practitioner Perspective on Qatar Law No. 24/2018 (the Income Tax Law)

Rami Qudah, Practitioner at Deloitte in Qatar looks at significant recent changes to the Qatar Income Tax Law.


What are the tax benefits of SEZs and SILZs?

Nabil A Issa of King & Spalding explains the tax benefits of Special Economic Zones and Special Integrated Logistics Zones in Saudi Arabia.


Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East Gulf Tax | Summer 2023

Have you read the Lexis® Middle East Gulf Tax – Spring 2023 edition? Click the link below to access and read the Spring edition.

Lexis Middle East Gulf Tax |Spring 2023
Introducing the Latest Release of Lexis Middle East – HR Alert! News developments

Introducing the Latest Release of Lexis Middle East – HR Alert!

  • 08/06/202314/06/2023
  • by Tanya Jain

We are pleased to present the May 2023 edition of Lexis Middle East – HR Alert!

Discover our complimentary HR publication, the Lexis Middle East – HR Alert, designed to keep you informed about the most recent updates in Labour and Employment Law, highlighting noteworthy cases, and offering valuable insights into region-specific HR policies and templates.

Featuring exclusive interviews with prominent HR experts from the region, this edition also provides expert guidance on emerging industry trends. Stay up-to-date and enhance your HR knowledge with the latest issue of Lexis Middle East – HR Alert.

In this edition:

Feature: The Rules of Recruitment – UAE recruitment agency obligations

Following recent announcements in the press on the regulation of UAE employment agencies, Victoria Smylie and Saher Khan of PwC Legal explain the obligations for UAE based agencies and employers who use them.


Trend Setter – Interns

Ruth Stephen, Luke Tapp, Lana Akkad and Melissa McLaren of Pinsent Masons look at the legal precautions the increasing number of employers in the MENA region who are interested in offering internship opportunities need to be aware of.


Immigration Focus: Recent GCC Immigration and Visa Changes

The dynamics team at Vialto Partners shares the latest updates from the region, including developments relating to family sponsorships, visit visa extensions, ILOE scheme in freezones, and much more.

Additionally, Dounia Fathi-Benbrahim, Senior Manager Immigration with Vialto Partners explains the role she has taken in enabling the firm’s expansion across the region from both a geographical and service perspective.


HR Profile – Energy

Sarah Tablet, Head of Human Resources for the Middle East at Siemens Energy explains how in order to support diversity it is important to tailor your approach.


Policy Pointers – Unemployment Insurance

As a leading authority in employment law, Shiraz Sethi, Partner & Regional Head of Employment at Dentons, sheds light on the scheme and emphasizes the importance of timely subscription.


Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

LexisNexis-Middle-East-HR-Alert_May-2023

Have you read the Lexis® Middle East HR Alert – January and March 2023 edition? Click the links below to access and read these editions.

LexisNexis Middle East HR Alert_January 2023
LexisNexis-Middle-East-HR-Alert_March-2023

Posts pagination

1 … 14 15 16 17 18 … 33

Tags

Abu Dhabi Ajman Bahrain Beirut CLPD DIFC Dubai Egypt Events Gary Born GCC Iran Islamic Finance Jordan KSA Kuwait Lebanon legal awards MENA Oman Qatar RIDW Rule of Law Saudi Arabia SCCA Sharjah Tax Training Trainings Turkey UAE United Arab Emirates

Categories

Find LexisNexis North Africa on LexisMA.info

Privacy Policy Hub | LexisNexis

General Terms & Conditions of Use

General Terms & Conditions of Sale and Subscription

Legal Notice

Cookies Settings
NEWSLETTER SIGN-UP
Copyright © 2020-25 LexisNexis. All rights reserved.
Theme by Colorlib Powered by WordPress