A Critical Analysis of Foreign Capital Investment Law in Oman
Journal of World Investment & Trade, Volume 16, Issue 3, pages 506-531, 2015
26 Pages Posted: 21 May 2015 Last revised: 29 Jul 2017
Date Written: May 12, 2015
The Sultanate of Oman has a cluster of laws regulating the relationship between foreign investors and Omani society. Oman has tried to maintain a balance between its national and regional commitments in this regard. This article provides an in-depth analysis of the Foreign Capital Investment Law (OFCIL) as well as related laws in order to articulate standards of investment protection and to provide a road map for foreign investors in the Sultanate. A comparison with some Arab laws is undertaken in order to highlight weaknesses that can be improved in OFCIL.
Keywords: settlement of investment disputes; violation of investment laws; standard of investment protection; property rights of investors; admission of foreign direct investments
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