MUSCAT: His Majesty Sultan Haitham Bin Tarik has officially issued Royal Decree No. 35/2025, which establishes the Investment and Commercial Court in Oman. This significant decree aims to enhance the legal infrastructure surrounding investments and commercial activities in the country. It is designed to expedite the legal processes and ensure that disputes related to investments, business transactions, and commercial contracts are resolved efficiently and effectively.
The newly established court will focus on cases that pertain to investment agreements, commercial contracts, and other related disputes, providing a dedicated judicial body to address such matters. By doing so, the court is expected to support the growth of Oman’s economy, fostering an environment that attracts both local and international investors. This move also aligns with the government’s broader efforts to diversify the economy and improve its competitiveness in the global market.
In addition to dealing with commercial disputes, the court will have the authority to interpret and enforce laws related to investments and business practices. This is expected to create greater legal certainty for investors and businesses, which is crucial for attracting more investments to the country. It also enhances the rule of law by providing a specialized forum for resolving business-related legal issues, reducing the burden on general courts.
The establishment of the Investment and Commercial Court marks a milestone in the modernization of Oman’s judicial system. The decree not only reflects the Sultanate’s commitment to supporting economic growth but also demonstrates the importance of having a robust legal framework that can adapt to the evolving needs of the business community in Oman. The court will play a pivotal role in the country’s journey towards becoming a more attractive investment destination.
