• Oman

    • Ministerial Decision Regulates Work of Grievance Committee Cited in Foreign Capital Investment Law

    By on May 29, 2022

    Muscat: The Ministry of Commerce, Industry and Investment Promotion has issued a decision on the system of functioning of the Grievance Committee stated in the Foreign Capital Investment Law.

    The decision seeks to provide assurances for the protection of foreign investment projects. It comes at a time world countries are competing to attract foreign investments and granting them incentives and security.

    The Committee investigates grievances filed against decisions issued by the Ministry of authorities concerned within the context of the above-mentioned foreign capital investment law.

    In this context, a grievance has to be submitted to the committee after 60 days from the date the defendant is notified or made fully aware of the claim. The procedure should be communicated through a standard model comprising all information and documents.

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.