News
Royal Decree Promulgates New Labour Law in Oman
His Majesty Sultan Haitham bin Tarik issued Royal Decree No. 53/2023 on July 25, 2023 regarding the promulgation of the new Labour Law, after presenting the same before the Council of Oman.
Article (1) stipulates that provisions of the Labour Law attached to this decree shall be enforced.
Article (2) instructs the Minister of Labour to issue the Executive Regulation of the attached law, as well as the decisions necessary for the implementation of its provisions. Till such time, the existing regulations and decisions shall continue to be applied without prejudice to the provisions of this law.
Article (3) stipulates that those addressed by the provisions of the attached law shall adjust their conditions in line with the law’s provisions within 6 months from the date of its enforcement.
Article (4) cancels the Royal Decree No. 35/2003, as well as all that contradicts the attached law or contravenes its provisions.
Article (5) says that this Royal Decree shall be published in the Official Gazette and enforced from the day following its date of publishing.
-
Banking & Finance1 month agoSohar International Contributes OMR100,000 to Support Those Affected by Al Masarrat Weather Conditions
-
Economy2 months agoExclusive: Inside Oman’s Evolving MSME Finance Ecosystem – An Interview with Hussain Al Lawati, CEO, Development Bank
-
OER Magazines1 week agoDossier Oman: Banking, Finance & Insurance Special Edition
-
OER Magazines1 month agoOER, March 26
-
Economy2 months agoIbri Industrial City Localises Two Projects Worth RO2M in 2025
-
News2 months agoReal Estate Price Index in Oman Grows By 13.9%
-
Economy3 weeks agoOPINION: War, Climate, and the Costs We Choose Not to See
-
News2 months agoVIDEO: Al Khamayil Oman Scales Up Production with New Rusail Facility
