The Oman Ministry of Commerce, Industry and Investment Promotion (MOCIIP) Ministerial Decision No. 209/2020 (2020 MD) list of activities prohibited to foreign investors has been updated by Ministerial Decision No. 364/2023 (New MD). The New MD amends the 2020 MD by removing two activities from the list of prohibited activities specialised rehabilitation centres and rehabilitation centres and expanding the list of prohibited activities.

We set out below a consolidated list of the prohibited activities. Most of these commercial activities are unlikely to be of interest to foreign investors, but there are a few surprises for foreign investors to be alert to:

Please contact us if you have any questions.