20 Days
Source:
الوطن
Source: الوطن
20 Daysالوطن
Source: الوطن
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The article focused on developing the legislative framework for the mineral sector in the Sultanate of Oman through amendments to the Mineral Resources Law, aimed at improving the efficiency of managing and investing mineral resources, enhancing competitiveness and transparency, and accelerating the development of mining projects. A clearer and more flexible legal framework has been established to facilitate licensing, regulate rights and obligations, and improve procedures for transitioning from exploration to exploitation, while also tightening penalties for violations to protect the wealth. The ministry also expects this development to attract quality investments, increase the economic value of mineral resources, and support sustainable growth in the sector, thereby contributing to economic diversification and aligning with "Oman Vision 2040."
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