News
COVID-19: Supreme Committee Issues New Decisions To Help Businesses In Oman

Muscat: In a bid to aid businesses suffering from the effects of the pandemic in the Sultanate, the Supreme Committee tasked with dealing with the COVID-19 pandemic has issued a set of new decisions to help private sector establishments.
After studying the impacts of the pandemic on establishments and, to enhance the sustainability of businesses and their ability to adapt to exceptional situations, the committee decided upon the following:
1) Waiving fines charged against licenses issued by government departments for the activities indicated in Annex (1) which expired or are due to expire through the period 1 June 2020 to 31 December 2021 provided renewal takes place.
2) Waiving fines charged against the renewal of non-Omani labour cards and associated fines for cards that have expired or are due to expire during the period 1 June 2020 to 31 December 2021, for those who have terminally left the Sultanate or for those who renew the cards.
3) Waiving fines accrued on various establishments and companies due to non-renewal of their commercial registers and licenses, provided they do renew the registers and licenses during 2021.
4) Allowing employers to renew expired labour permits for workers who are still abroad, while at the same time waiving related fines resulting during the period of 1 June 2020 to 31 December 2021.
5) Absolving small and medium establishments of entrepreneurship card renewal fees charged against all expired commercial activities during 2021.
The committee also took the following decisions valid till 31 December 2021:
- Granting labour permits in lieu of leaving labour, for all segments and as per the prescribed fees set for each segment.
- Urging banks and financing firms to cooperate with ‘affected’ borrowers, notably small and medium enterprises (holders of Riyada business cards) by re-scheduling the loans, without charging fees for that.
- Absolving small and medium enterprises of registration fees in “Isnad” system affiliated to the Tender Board.
- Absolving small and medium enterprises of land usufruct (development) fees and postponing the repayment of outstanding dues.
- Postponing the repayment of small and medium enterprises’ premiums indicated in Annex (1)—for holders of Riyada business cards benefiting from the (previous Al Raffd Fund) financing loans.
- Waiving rental fees payable by owners of small and medium enterprises for the activities indicated in Annex (1) – of holders of Riyada cards – regarding real estate properties owned by government departments and authorities.
The committee also reviewed reports on the epidemiological situation, locally and globally.
It noted that a general decline occurred in numbers of cases of infection with COVID-19, hospitalization, admission to ICUs, and deaths. However, many countries around the globe are still experiencing successive waves of the pandemic, marked by the emergence of new variants of the virus.
Thus, the committee said, mandates the intensification of efforts to control the situation, lest a rapid setback might happen and lead to a spike in cases of infection.
The committee received evidence that many parties and individuals do not abide by the precautionary measures set by the departments concerned, particularly commitment to vaccination as a pre-requisite to entering government establishments and business outlets (commercial complexes, restaurants, etc.), as well as venues were hosting group activities (cultural, sports, social, etc.).
Yet, the committee regrets detecting other types of violations, including the holding of large social gatherings, non-wearing of face masks, and non-abidance, in some establishments, to the precautionary measures.
The committee affirms that the authorities concerned will continue to penalize the offending parties and individuals and will shut down any establishments found in breach of the precautionary measures.
-
Banking & Finance3 days ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, April 25
-
Renewables1 month ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Business2 months ago
St. Petersburg International Economic Forum 2025 unveils its Business Programme
-
Leaders Speak1 month ago
OERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, May 25
-
OER Magazines1 month ago
OER, May 2025
-
Banking & Finance2 months ago
How is National Bank of Oman Working Towards Creating a Robust Fintech Ecosystem?