Oman Archives - Page 3 of 32 - LexisNexis Middle East

Oman: New Mandatory Annual Pay Rises for Private Sector Workers

31/07/202531/07/2025
by Hannah Gutang

The Arabian Stories, 27 July 2025: The Omani Ministry of Labour has implemented new regulations requiring private sector employers to provide annual salary increases based on employee performance ratings.

Under Sultani Ministerial Decision No. 317/2025, Omani workers who have completed six months of employment will be eligible for yearly increments each January, with increases determined by their performance appraisal scores.

The new payment structure establishes clear percentage increases tied to performance ratings: Excellent performance: 5% basic wage increase, Very Good performance: 4% increase, Good performance: 3% increase, Acceptable performance: 2% increase, Weak performance: No increase.

Employers failing to comply with the new regulations face penalties of RO 50 per violation, with fines multiplied by the number of affected employees.

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News developments

Oman: Professional Licenses Required for Logistics Work

25/07/202525/07/2025
by Hannah Gutang

Oman Daily Observer, 22 July 2025: As part of efforts to regulate the labour market and ensure that professions are practiced according to approved professional standards, the Ministry of Labour has announced that there will be a mandatory requirement to obtain a Professional Practice License for all designated professions in the logistics sector, from 1 September 2025.

These will include truck driver, tractor-trailer driver, water tank driver, waste transport driver, food delivery person and food delivery supervisor.

The requirement will apply to both Omani and expatriate drivers and across various sectors.

The professional practice licenses will be available from the sectoral skills unit for the logistics sector. Applications should be submitted via the skills unit’s website. No work permit will be issued or renewed for these occupations after the deadline without this certification.

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News developments

Oman: Details Protected Sectors Off-Limits to Foreign Investment

18/07/202518/07/2025
by Hannah Gutang

Times Of Oman, 12 July 2025: Oman has outlined specific economic sectors that remain exclusively reserved for national investors, whilst maintaining its open-door policy for foreign investment across most of the economy, according to legal experts.

A representative from the Law Firm detailed the comprehensive list of protected activities that foreign investors cannot enter under recent Ministerial Decisions.

The restricted sectors include the manufacture and retail of traditional Omani products such as halwa, traditional headwear (kummah), daggers (khanjars), and traditional textiles. Craft production using materials like leather, wood, silver, and pottery is also reserved for Omani nationals.

The protection extends to various service sectors, with foreign investment prohibited in areas including Arabian clothing tailoring, specific vehicle repair services, driving schools, and basic retail operations such as grocery shops and fresh produce sales.

Additional restrictions apply to labour recruitment, real estate brokerage, customs clearance, and certain transport services. Recent amendments have further expanded the protected list to include mobile coffee shops, skin care services, plant nurseries, and event supply rentals.

It’s also noted that existing foreign investments in newly restricted sectors may continue operating but cannot be transferred to new foreign owners without ministerial approval.

Outside these protected areas, Oman continues to welcome foreign investment through its Foreign Capital Investment Law, offering investors benefits including tax incentives and land access options through the Investment Services Centre.

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News developments

Oman: IBAN required for Domestic Bank Transfers

10/07/202510/07/2025
by Hannah Gutang

Khaleej Times, 2 July 2025: With effect from 1 July 2025, Oman will require the use of the International Bank Account Number (IBAN) for all domestic financial transactions.

Financial institutions have notified their users of the change and advised them to update their beneficiary details by including the IBAN to prevent payment failures. Beneficiaries in Oman will have to be re-registered using the IBAN to align with the new banking regulations.

The IBAN system is essential for seamless cross-border payment transactions, functions as an international standard for identifying bank accounts worldwide, helping mitigate delays and errors in monetary transfers. The implementation of IBAN for domestic use in Oman aligns with practices in other jurisdictions in Europe, the Middle East, and parts of the Caribbean.

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Sold Out Oman Business Law Forum 2025 | 28 October 2025 | 8:30AM to 3 PM (Oman Time) | Diplomatic Club, Muscat, Oman

01/07/202523/10/2025
by Malini Dean

We're sorry, but all tickets sales have ended because the event is expired.

Oman Business Law Forum 2025 | 28 October 2025 | 8:30AM to 2:30PM (Oman Time) | Diplomatic Club, Muscat, Oman
28/10/2025
8:30 AM - 3:00 PM SEBLFMENA

BECOME A SPONSOR REGISTER HERE This event is currently sold out. For any participation-related inquiries, kindly get in touch with Malini Dean. Join us in Muscat on 28 October 2025 for the Oman Business Law Forum 2025! The Law Forum is exclusively for Oman’s in-house counsel community. Join us at the (more…)

News developments

Lexis Middle East HR Alert – May 2025 Edition

26/06/202526/06/2025
by Tanya Jain

In this edition of Lexis Middle East HR Alert, we bring you a curated selection of the most pressing HR, legal, and regulatory developments shaping the employment landscape across the Middle East. From sweeping changes in Saudi labour law to evolving expectations around flexible work in the UAE’s blue collar sector, this issue is packed with expert insights, legal updates, and practical guidance for HR professionals, legal advisors, and business leaders alike.

As organisations across the region navigate complex immigration frameworks, new compliance requirements, and shifting workforce dynamics, our contributors provide the clarity and context needed to stay ahead. With in-depth features, real-world case reviews, and spotlights on key figures driving HR transformation, the LME HR Alert continues to serve as a trusted resource for understanding the policies and trends that matter most.

Stay ahead of the curve with Lexis Middle East HR Alert, as we provide you with the insights needed to navigate the complexities of HR in the Middle East.

Happy reading!

This edition features a diverse range of content, including:

FEATURE: FRAMEWORK IMPLEMENTED

Shiraz Sethi and Fatima Al-Sabahi of Dentons delve into the key reforms introduced in the Saudi Labour Law following the release of its implementing regulations. Their analysis highlights the significant changes impacting employment relationships, enforcement mechanisms, and employer compliance obligations in the Kingdom.

TREND SETTER: MORE FLEXIBLE BLUE COLLAR JOBS

With a mounting talent shortage in the UAE’s blue collar workforce, businesses are exploring more flexible working arrangements. Mary Rintu Raju of NYK Law outlines the legal implications and operational considerations of rolling out flexible models for this often-overlooked sector.

NEWS ROUND-UP: COVERING RECENT KEY DEVELOPMENTS – REGION-WIDE

This section captures a selection of important legal and HR news, including changes to company structures in UAE freezones and other updates from across the MENA region.

IMMIGRATION FOCUS: SAUDI ARABIA IMMIGRATION UPDATE

Ali Ibrahim of Vialto Partners provides a comprehensive update on Saudi Arabia’s immigration regulations. His commentary offers vital guidance on how these changes may affect both employers and foreign nationals working in the Kingdom.

LAW CHANGES: NEW AND PROPOSED MENA LAWS

Explore recent and upcoming legal reforms, including newly proposed rules affecting work permits in Kuwait—changes that may impact workforce planning and compliance across multiple jurisdictions.

CASE FOCUS:

This issue includes a review of a recent QICDRC ruling in Clare Holloway v MBG Corporate Services LLC (QFC Case No. 0059/2024), where the Court of First Instance addressed the issue of premature litigation. Mohammed Al Ansari highlights the court’s approach to jurisdiction and procedural compliance.

Enrich your understanding of the HR landscape and stay up-to-date with the latest trends, cases, and policies through the newest issue of Lexis Middle East – HR Alert.

For all the latest industry updates and developments, opt for a free HR Alert subscription!

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Lexis Middle East HR Alert_May 2025

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HR PROFILE: CREATING CHANGE

Nishanth Krishnan, Director of People Advisory and Business Consulting at Grant Thornton UAE, shares insights into the strategic HR interventions needed to lead and manage successful organisational change in today’s climate.

IN-HOUSE PROFILE: PRACTITIONER PERSPECTIVE

Henrietta Baker and Kahroba Kojouri of Dentons discuss proposed amendments to the Saudi Personal Data Protection Law Implementing Regulations (Saudi Arabia Administrative Decision No. 1516/1445).

POLICY POINTERS: WORKING HOURS IN KUWAIT

Bader Al-Qellaish of Wefaq Law Firm reviews the legal frameworks governing working hours in Kuwait, with practical considerations for policy compliance and workforce wellbeing.

MOVES AND CHANGES

Stay updated on the newest business trends, significant appointments, and promotions in the region to stay connected with the market’s key influencers.

News developments

Oman: Ministry of Transport Enforces Compliance Under New Maritime Law

19/06/202519/06/2025
by Hannah Gutang

The Arabian Stories, 16 June 2025: Oman’s Ministry of Transport, Communications, and Information Technology mandated compliance with Oman Sultani Decree No. 19/2023 for maritime shipping companies.

This law relates to companies involved in cargo agency, maritime shipping, and unloading brokerage, covering all facets of maritime transport services. This decision requires maritime shipping companies to adhere strictly to the provisions of this law, promoting transparency and maintaining service quality. The Ministry’s directive also emphasises that individuals seeking maritime shipping services should engage only with licensed companies, as detailed in an official directory available through the Ministry.

The directive prescribes obligations for the companies to ensure licensing and operational compliance.

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Publications

Lexis Middle East Law Alert: May-June 2025 Edition

19/06/202520/06/2025
by Tanya Jain

The May-June 2025 edition of Lexis Middle East Law Alert provides legal professionals across the GCC with the latest updates, expert insights, and analyses on pivotal developments in the region. This issue focuses on major changes in the legal landscape, including the recent introduction of a comprehensive law aimed at simplifying the framework for DIFC courts. We also explore the upcoming Oman Investment and Trade Court, set to begin operations in October 2025, which promises to reshape dispute resolution in the region. Additional coverage includes significant proposed amendments to Saudi Arabia’s Data Protection Law and the evolving tax regulations in the UAE, particularly impacting non-resident investors.

This edition also highlights key developments affecting the legal and financial sectors, in addition to an in-depth profile of Rahaf Saad, the rising star from Alinma Bank, who shares her experiences in strategic deals and regulatory compliance. The issue is rounded out with a movers and shakers segment and a focused look at Saudi employment contracts. It’s a comprehensive resource for legal professionals seeking to stay ahead of emerging trends and regulatory shifts in the Middle East.

FEATURE: ENFORCING CHANGE

Dr. Mahmood Hussain of M&Co delves into the DIFC Centre Courts Law, which aims to simplify and consolidate the legal framework governing the DIFC courts, providing a more comprehensive law for stakeholders.

FEATURE: NEW DISPUTE ROUTES

A preview of the upcoming Oman Investment and Trade Court, set to open in October 2025. Legal experts Oliver Stevens, Ali Aideed, and Mohammed Al Siyabi from Addleshaw Goddard explore what’s known about its structure and operational model.

IN-HOUSE PROFILE

Rahaf Saad, a Legal Associate at Alinma Bank, shares her journey and how her work on strategic deals and regulatory compliance initiatives earned her the LexisNexis Rising Star Award.

MOVERS AND SHAKERS

A roundup of significant career moves in the region, presented in association with Jameson Legal.

CONTRACT WATCH

A detailed look at Saudi Employment Contracts by Sara Khoja, Employment Partner at Clyde and Co.

TAX AND FINANCE ROUND-UP

Key updates on tax and finance, with a particular focus on UAE’s new tax changes for non-resident investors.

LEGAL ROUND-UP

Updates on the evolving landscape of data protection in Saudi Arabia.

Lexis Middle East Law Alert_May June 2025

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LAW MONITOR

Discover the recent legal progressions in the GCC, with a focus on the newly implemented competition law regulations in the UAE.

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News developments

Lexis Middle East Gulf Tax – Summer 2025 Edition

16/06/202519/06/2025
by Tanya Jain

Brought to You by Tolley+ Middle East

The Summer 2025 Edition of Lexis Middle East Gulf Tax brings readers a sharp and timely exploration of evolving tax regulations and practices across the GCC region. This issue is rich with expert insights, legislative updates, and practical guidance for tax professionals navigating an increasingly complex landscape.

FEATURE: WITHHOLDING TAX: YOU NEED TO KNOW

Shiraz Khan and Richard Ferrand from Al Tamimi & Co. delve into Saudi Arabia’s evolving position on Withholding Tax (WHT). The article explains the latest ZATCA (Zakat, Tax and Customs Authority) clarifications surrounding WHT benefits and how entities can apply for these incentives. It is an essential read for taxpayers and advisors managing cross-border payments and seeking certainty in compliance.

FEATURE: ADVANCES IN TRANSFER PRICING

Zain Satardien and Aakriti Sharma of Hourani and Partners provide an authoritative overview of recent ZATCA developments regarding Advance Pricing Agreements (APAs). Their analysis highlights how Saudi tax authorities are refining their transfer pricing approach to offer greater predictability for multinational enterprises operating in the Kingdom.

TAX NEWS ROUND-UP

A comprehensive digest of reent tax treaty updates and regulatory shifts across the Gulf. This section is a must-read for professionals seeking to stay abreast of strategic tax changes and how they may affect operations across multiple jurisdictions.

PRACTICAL FOCUS: FOCUS ON NATURAL RESOURCES

This piece by Baqar Palavandishvili of Galadari Advocates & Legal Consultants examines the implications of Sharjah Law No. 3/2025, a landmark reform introducing a corporate tax regime for extractive and non-extractive natural resource companies. The article breaks down the scope, compliance expectations, and what it means for businesses involved in energy and resource sectors.

TAX PROFESSIONAL PROFILE: TAKING A MORE FLEXIBLE APPROACH

In a candid interview, Illyana Panova, Global Tax Director for a Family Office, reflects on her experience as the first UAE-based tax expert to join the fractional executive community. She shares insights on adopting a flexible work model, lessons learned from leading global tax strategies, and how the regional tax landscape is evolving to accommodate non-traditional executive roles.

ANY QUESTIONS? WHAT’S DUBAI EXECUTIVE COUNCIL DECISION NO. 11/2025’S TAX IMPACT?

Andre Anthony and Adelina Frunza of CMS explore the tax implications of this new Dubai freezone regulation. Their article dissects the operational and strategic impact of Decision No. 11/2025 on freezone entities, offering clarity on potential challenges and planning opportunities for affected businesses.

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News developments

Oman: New Regulations For Elderly Care in Social Welfare Institutions

30/05/202530/05/2025
by Tanya Jain

The Arabian Stories, 26 May 2025: The Ministry of Social Development in Oman has issued Oman Ministerial Decision No. 169/2025, to implement new governance regulations aimed at enhancing the quality of care and support in government-run homes for the elderly.

This decision marks a significant shift in the management of institutional care for the aging population in Oman, impacting government-run homes for the elderly, mandating them to provide comprehensive social, health, psychological, cultural, and recreational care services. The regulations require these institutions to create a suitable environment for the elderly and coordinate with relevant authorities to manage their financial affairs.

Key obligations under the new regulations include the requirement for residents to confirm their registry information annually through an electronic verification process, replacing the traditional renewal requirement. The regulations also grant residents the right to receive visitors and leave the home under specific guidelines. The decision encourages volunteer participation in organising activities for residents, with strict conditions on health and conduct, including a prohibition on photographing or sharing images of residents.

Article 7 of Oman Ministerial Decision No. 169/2025 mandates that the home must inform a family member of the elderly person if there is a critical health condition or accident. If contacting a family member is not possible, the home is authorised to approve necessary surgical interventions in the resident’s best interest.

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