Amendments to the Land Law
The Land Law promulgated by Royal Decree 5 of 1980 (as amended) has been further amended by Royal Decree 56 of 2014, effective as of 14 October 2014.
Wednesday, December 31, 2014
Tuesday, December 30, 2014
Restructuring an Entity: The Right to Transfer Employees from a Group of Entities under Omani Law
Generally as a matter of Omani law, an Employer (as defined by the Oman Labour Law, as promulgated by Royal Decree 35 of 2003 (“OLL”) is entitled to restructure and/or re-organise its business and consequently the workforce, for economic, technical or structural reasons. Further a Supreme Court decision in Oman has held that an Employer has the absolute power and authority to reorganise its business, be responsible for the management of the same for the realisation of profits therefrom and to assume responsibility for any failure of its business.
Monday, December 15, 2014
How to Manage Contract Risk in Procurement (Part 1)
An Overview
In a series of articles commencing this month, we look at the relevant issues facing procurement specialists when managing risk in procurement contracts and offer some guidance and assistance when doing so. We start this month with a general introduction and will, next month, deal with specific legal issues arising and how best to deal with them in order to minimise such risks.
Wednesday, December 10, 2014
An Overview of the Establishment of the Public Authority for Mining
In keeping with its aim to develop the mining sector to achieve optimal exploitation of mineral resources in a manner that will best serve the development goals in the Sultanate, the Ministry of Commerce and Industry (“MOCI”) issued Royal Decree 49 of 2014 on 21 September 2014 which established a Public Authority for Mining in Oman (the “Authority”).
Thursday, December 4, 2014
Construction Sector Update: How the Ministerial Decision No. 174/2014 May Affect Your Business
The Regulation of the Works of Institutions and Companies Operating in the Contracting Field (the “Regulation”), enacted pursuant to Ministerial Decision No. 174 of 2014, came into force on the 19th June 2014 with the aim to supervise construction companies and monitor their activities more closely and, in particular, with regards to ensuring that construction companies adhere to health and safety obligations as set out in the Regulation.
Tuesday, December 2, 2014
Legal Updates - December 2, 2014
Omanisation Percentage of Employees in the Electricity and Water Sectors
Ministerial Decision 284 of 2014 (“MD 284/2014”) which came into force on September 8, 2014 specifies the percentage of Omani employees working in the electricity and water sectors that must be complied with.
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