A Critical Analysis of Foreign Capital Investment Law in Oman

Abstract

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