Sultani Decree No. 1/2017
Ratifying the General Budget of State for Fiscal Year 2017
Enacted on 1 January 2017. Effective from 1 January 2017
Diwan of Royal Court
Diwani Decision No. 39/2016
Naming members of the Municipal Council, Muscat Governorate, for
the second term.
Issued on 28 December 2016
Ministry of Finance
Ministerial Decision No. 165/2016
Publishing the Final Account of the State for Fiscal Year
Issued on 21 December 2016
Public Authority for Electricity & Water
Ministerial Decision No. 3/2016
Issuing the list of cost reflective tariffs.
Issued on 29 December 2016. Effective from 1 January 2017
Ministry of Oil & Gas
Correction:- Noting that there was a material error in Sultani
Decree No. 23/2011 Approving the assignment of 20% of the rights
and obligation of Tethys Oil Company AB in the EPSA Agreement dated
9 February 2003 (Blocks 3 & 4) to Mistui E&P Limited,
published in Official Gazette No. 930, issued on 1 March 2011. The
name of the ceding company read 'Tethys Oil AB' when it
should have read 'Tethys Oil Block 3 and 4 Ltd'.
Ministry of Commerce & Industry
Announcement concerning the registration of industrial
Announcements concerning the publication of trademark registration
Announcement of trademarks that have been recorded as having
Announcement concerning renewal of the protection period of
The commencement of liquidation proceedings in respect of the
following businesses is announced:
Rukn Al Arusa Lil Azya' Al Dhahabiya – Limited
Basatin Halfayn Trading – General Partnership
Duroob Al Sahra' Trading & Contracting – General
Khalid bin Khamis bin Mubarak Al Hadi Company
China Mall Muscat LLC
Seven Seas Victory Knights Company LLC
Muscat Consultancy Services LLC
Rimal Al Khabura Al Dhahabiya LLC
The completion of liquidation proceedings in respect of the
following businesses is announced:
Blue Elephant Trading LLC
Al Bait Al Dhaki LLC
ABS Associates LLC (Oman)
Mitsubishi Heavy Industries Fertilizer Projects, Contracting
& Construction LLC
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The introduction of Additional Buyer Stamp Duty (ABSD) on 7 December 2011 took the Singapore Real Estate market by storm, effectively dampening purchase and development of residential properties. More than 5 years after the advent of ABSD, industry players continue to grapple with the legal pitfalls of this tax payable by non-individuals and affected individuals.
The ambit of "residential properties" is wide, bringing the master plan zoning of land into consideration in circumstances even when the approved use of the same land is inconsistent with the zoning. The flexibility of the remission conditions continue to be tested in the light of practical issues arising in the course of development.
Pursuant to Decision No. 323 dated 15 May 2016 (the "CM Decision"), the Saudi Arabian Council of Ministers approved the creation of the 'National Center for the Measurement of the Performance of Public Agencies' (the "Center").
The Center will be headquartered in Riyadh and will report directly to the Royal Court.
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