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The Public Authority for Special Economic Zones and Free Zones (OPAZ) is a governmental body in the Sultanate of Oman. The Royal Decree No 105/2020 established OPAZ in August 2020. [ 1] The Special Economic Zone Authority strives to create an investment-friendly environment based on the ease of starting a business ("single window"). The Special ...
Sultan of Oman was nominally the Minister of Finance from January 1972 [9] until August 2020. There was a minister responsible for financial affairs. Abd al Hafiz Salem Rajab, January 1972 - 1973 (minister of economy) Qais Al-Zawawi, 1982 [9] - September 1995 [10] [11] Ahmed bin Abdul Nabi al Makki, 1995 - March 2011 [12]
Oman, [b] officially the Sultanate of Oman, [c] is a country in Arabia. It is located on the southeastern coast of the Arabian Peninsula, and overlooks the mouth of the Persian Gulf. It shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen. The capital and largest city is Muscat. Oman has a population of about 5.28 million ...
The UAE federal tax system is administered by the Federal Tax Authority (FTA), which was founded ahead of the 2018 implementation of a federal value added tax (VAT). The current standard VAT rate in the country is 5%. [2] [3] In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023. [4]
Oman's 10th five-year plan (2020–2025) is the first implementation plan of Vision 2040, [25] and will focus its efforts towards achieving economic diversification. [26] The plan for economic diversification aims to move Oman away from the oil-and-gas-based sources of income, and has earmarked five sectors that have high growth potential and ...
Oman Investment Authority (OIA) is the investment arm of the Sultanate of Oman, established by Royal Decree No. 61/2020. It is a sovereign wealth fund operating as an autonomous legal entity with complete financial and administrative independence, reporting directly to the Council of Ministers. Its primary mandate encompasses the prudent ...
Haitham bin Tariq. Preceded by. Darwish bin Ismail al-Balushi. Personal details. Alma mater. Ain Shams University (Dip) Sultan bin Salim bin Said al-Habsi is the current Minister of Finance of Oman [1] since 18 August 2020. [2] He is also the chairman of Oman Investment Authority. [3]
Ministry of Commerce, Industry & Investment Promotion. وزارة التجارة والصناعة وترويج الاستثمار. Emblem of Oman. Agency overview. Jurisdiction. Government of Oman. Headquarters. Muscat. 23°35′45″N 58°33′3″E / 23.59583°N 58.55083°E / 23.59583; 58.55083.