UPDATE: ULTIMATE BENEFICIAL OWNERS (UBO) REGISTRATION – IS YOUR COMPANY REGISTERED?
June 16, 2021
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June 29, 2021
Oman’s appointment of first Crown Prince will boost investor confidence, say experts AS FEATURED ON ARABIAN BUSINESS – Jan 14, 2021
Sultan Haitham Bin Tariq Al Said’s decree creating a ‘stable mechanism for the transfer of power’ has been welcomed by analysts
Oman’s move to appoint a Crown Prince for the first time in the sultanate’s history will improve long-term investor confidence in the Gulf nation, according to experts.
On Monday, Sultan Haitham Bin Tariq Al Said issued a royal decree which promulgated a new Basic Law of the State, setting a specific and stable mechanism for the transfer of power in the sultanate. Importantly it also set the mechanism for the appointment of a Crown Prince and outlined his ‘duties, specialisations and prerogatives’.
Originally Published on June 29th, 2021.
