Muscat – According to the Ministry, it would restrict negative effects on the national economy, enable labour market regulation and support small and medium enterprises.
In an online announcement, it listed the following as the key objectives of the decision:
• Creation of appropriate conditions for investments in the Sultanate of Oman
• Registration of local and foreign institutions and companies
• Issuing of approvals and permits for investment projects
• Regulation of Labour market
• Thwarting negative effects on the national economy
• Adherence to the applicable specifications and standards
• Support for small and medium enterprises
Read More
- Oman, Iran agree framework for safe shipping corridor through Strait of Hormuz
- Thunderstorms, strong downdraft winds sweep parts of Oman
- Saudi Crown Prince sends written message to His Majesty Sultan Haitham
- Oman FM arrives in Tehran, discusses safe passage of ships through Strait of Hormuz
- CPA seizes 1,668 soft drinks, 177 expired juice cans in Oman
