Tuesday, February 25, 2014

Legal Updates

Royal Decree ratifying the Sultanate's joining the United Nations Convention against Corruption

In the attempt to prevent and eradicate corruption in the Sultanate of Oman, his Majesty the Sultan Qaboos bin Said has recently issued Royal Decree 64/2013 ratifying the Sultanate in joining the United Nations Convention Against Corruption (the “UNCAC”).

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Tuesday, February 18, 2014

A Brief Overview of the Electronic Transactions Law in Oman

As a direct result of Oman’s enlarged presence in the global economy, it became essential for Oman to develop a reliable and controlled medium for transactions to be carried out through electronic means. Accordingly, in 2008, the legislature in Oman passed the Electronic Transactions Law (the “Law”), promulgated by Royal Decree 69/2008.

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Wednesday, February 12, 2014

Non-Compete Clauses Under the Oman Civil Code

In today’s environment, we very often come across employment contracts with non-compete clauses as a mechanism to protect an employer’s business interests from unfair exploitation by former employees. Whilst non-compete covenants are acceptable in most Western jurisdictions, they have historically been regarded less enthusiastically by the Omani Courts and have not always been upheld.

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Friday, February 7, 2014

Enforcement of Foreign Awards and Judgments in the Sultanate of Oman

As a matter of policy, the Omani government constantly aspires to develop and maintain strong relations with other countries, and such is reflected in its foreign policies. Accordingly, Oman has adopted several mechanisms for the enforceability in Oman of foreign court judgments (which are final and non-appealable) and arbitral awards.

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Monday, February 3, 2014

Legal Updates

RD 60/2013: Amending some provisions of Tender Law

Royal Decree No. 60/2013 issued and effective from 31 October 2013 amends certain provisions of the Tender Law. We are in the process of analysing the amendments and shall give a detailed update next month.

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