Royal Decrees strengthen investment cooperation and establish Oman’s AI Special Zone​

  • 3 minute read
  • June 03, 2026

In brief 

The Sultanate of Oman has recently issued two Royal Decrees introducing significant developments aimed at strengthening international investment cooperation and advancing the digital economy:​

  1. Royal Decree 45/2026 ratifies an agreement between Oman and Belarus, establishing a joint committee for cooperation and investment.​
  2. Royal Decree 50/2026 establishes an Artificial Intelligence (“AI”) Special Zone in the Governorate of Muscat. Projects established in the zone are granted incentives, advantages, exemptions, and facilities under the Special Economic Zones framework.​

These measures reflect Oman’s continued focus on enhancing bilateral economic relations and positioning itself as a regional hub front runner for emerging technologies and investment.​

Discover how these developments can unlock new opportunities for your business.

(PDF of 311.06KB)

Contact us

Gaurav Kapoor

Partner - Tax Reporting & Strategy Leader for Oman, PwC Middle East

+968 93891546

Email

Follow us