We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,

the Commercial Register Law 3/74,

the Insurance Companies Law promulgated by Royal Decree 12/79,

the Law of Commerce promulgated by Royal Decree 55/90,

Royal Decree 2/98 Promulgating the Real Estate Register System,

the Law of the Judiciary promulgated by Royal Decree 90/99,

the Criminal Procedure Law promulgated by Royal Decree 97/99,

the Banking Law promulgated by Royal Decree 114/2000,

the Civil and Commercial Procedures Law promulgated by Royal Decree 29/2002,

the Labour Law promulgated by Royal Decree 35/2003,

the Law of Evidence in Civil and Commercial Transactions promulgated by Royal Decree 68/2008,

the Civil Transactions Law promulgated by Royal Decree 29/2013,

the Penal Law promulgated by Royal Decree 7/2018,

the National Payment Systems Law promulgated by Royal Decree 8/2018,

and the Commercial Companies Law promulgated by Royal Decree 18/2018,

and after presentation to the Council of Oman,

and in pursuance of public interest,

have decreed as follows