Oman’s Financial Services Authority announces groundbreaking bonds and Sukuk Regulation. New framework introduces green and sustainable financing options to boost private sector investment. The Sultanate of Oman’s Financial Services Authority (FSA) has taken a decisive step to revitalize the Sultanate’s debt market with the introduction of new bonds and Sukuk

Transition from Capital Market Authority to FSA aims to strengthen regulatory framework and investor confidence.   In a landmark move to bolster the independence and integrity of its financial sector, the Sultanate of Oman has announced the establishment of the FSA. This strategic initiative is set to transition all powers,

In an era where data breaches are increasingly common, Oman has taken a step forward with the introduction of the Implementing Regulation of the Personal Data Protection Law, enacted by Ministerial Decision No 34/2024 (“Regulation”). The Regulation, in conjunction with the Personal Data Protection Law issued in 2022 under Sultani

DLA Piper and Omani firm, Al Lawati Law played instrumental roles as legal advisors in orchestrating the integration of two industry titans, Royal & Sun Alliance Insurance Middle East (RSA Middle East) and National Life & General Insurance Company SAOG (NLGIC) in Oman. The integration, officially completed in October of the preceding year, harmoniously fused NLGIC’s