MInistry of Commerce

News & Analysis as of

The Oman Update - Official Gazette 1156

Ministerial Decisions - Ministry of Manpower - Ministerial Decision No. 217/2016 Concerning the regulation of the employment of minors and the businesses and professions in which they may be employed. Issued on...more

Implementation of Policy Allowing Complete Foreign Ownership in E-Commerce Operations Nationwide in China

The Ministry of Industry and Information Technology Issues the First Value-Added Telecom Services License to an E-Commerce Wholly Foreign Owned Enterprise. Background - Historically, foreign investors were...more

The Oman Update - Official Gazette 1152

Ministerial Decisions - Ministry of Heritage and Culture - Ministerial Decision No. 136/2016 Determining the fees for visiting museums affiliated to the Ministry of Heritage and Culture....more

The Oman Update - Official Gazette 1151

Ministerial Decisions - Ministry of Tourism - Ministerial Decision No. 39/2016 Issuing the Executive Regulations of the Tourism Law (enacted by Sultani Decree No. 33/2002). This Decision repeals and replaces...more

The Oman Update - Official Gazette 1141

Ministerial Decisions - Ministry of Environment & Climate Affairs - Ministerial Decision No. 20/2016 Issuing the regulations for the management of climate affairs. The climate affairs regulations issued under...more

Kuwait introduces new Agency Law: franchisors take note

The State of Kuwait recently enacted Law No. 13 of 2016 (the Agency Law) on the regulation of commercial agencies in Kuwait, explicitly overturning the former agency law. The Agency Law introduces material changes to the...more

The Oman Update - Official Gazette 1143

Sultani Decrees - Sultani Decree No. 20/2016 Ratifying the Agreement between the Government of the Sultanate of Oman and the Government of the Federal Republic of Germany on mutual exemption from visa requirements for...more

The Oman Update - Official Gazette 1140

Ministerial Decisions - Ministry of Manpower - Ministerial Decision No. 74/2016 Disbanding some trade unions. A list of 16 trade unions and the reasons for their disbanding is attached to the Decision...more

The Oman Update - Official Gazette 1139

Sultani Decrees - Sultani Decree No. 17/2016 According public utility status to the project to implement Phase III of the railway track (Fahoud – Duqm). Enacted on 17 March 2016....more

New Saudi Arabian Companies Law

The Saudi Arabian Ministry of Commerce and Industry and Capital Market Authority confirm grace periods for joint stock companies to comply with specific provisions of the new Companies Law....more

The Oman Update - Official Gazette 1142

Ministerial Decisions - Ministry of Information - Ministerial Decision No. 42/2016 Amending some provisions of the implementing regulations of the Press and Publications Law. Issued on 5 April 2016. Effective from...more

New agency law in Kuwait

The State of Kuwait recently enacted Law No. 13 of 2016 (Agency Law) on the regulation of commercial agencies in Kuwait, explicitly overturning the former agency law. The Agency Law introduces material changes to the...more

Saudi Arabia's proposed new insolvency law and commercial pledge law

The pace and scale of current regulatory change in Saudi Arabia is remarkable. 2015 alone saw the long awaited Qualified Foreign Investors regulations open the Tadawul (Saudi stock market) to non GCC investors and the even...more

State Council Approved Pilot Program to Promote Service Trade

China Premier Li Keqiang presided over a State Council executive meeting on February 14, 2016 in which it was decided that China would commence a new pilot program (the “Pilot Program”) in ten cities and provinces along with...more

New Saudi Arabian Companies Law

On Monday 9 November 2015, the Ministry of Commerce and Industrial (MOCI), announced that the new Saudi Companies Law (NCL) shall come into force 150 days from its publication in the Saudi Official Gazette. This will...more

The Oman Update - Official Gazette 1119

Sultani Decrees Sultani Decree No. 37/2015 Transferring Officials to the Ministry of Foreign Affairs. Nasser bin Mohammed bin Khalifa Al Busaidi and Mohammed bin Ahmed bin Saleh Al Balushi are to be transferred from...more

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