Oman to get new investor-friendly mining law
Published: Friday, 04 December 2015
The Middle East country is undergoing extensive legislative mining reform to provide an attractive environment for direct foreign investment. Oman is waiting for the relevant ministries to approve its new mining law and is aiming to diversify away from oil.
Oman’s new mining law, which
was recently drafted by the country’s mining
department, will help attract foreign investment, develop the
sector and drive economic growth, according to
Oman’s Minister for Commerce and Industry, Ahmed
bin Hassan Al Dheeb.
Speaking to local journalists at the Oman Minerals and